Why Traders Should Not Give Up

Why Traders Should Not Give Up

Traders randomly wake up and call it quits. Well, I was this close to becoming these traders until…

[A loud knock on the door]

“Mail’s here!”… A man in orange pants and blue collars—brings a letter for me. “What could it be?”, I thought. Took a cutter out the kitchen’s cabinet and tore it open—It read, “Hey sweetie, if you’re reading this, I’m probably dead”… Tears rushed down my cheek as I said, “mom”.

You probably don’t know my mom Sylvia—she’s one of the best traders that ever lived and she’s my inspiration. It was a note from her trade journal—My mom kept journals but, I never read any Cos’ personally, journals are private for a reason. If she sent me this, now, it means it’s for a reason. Though dead—it’s like she knows I’m really struggling.

Turned on the reading lamp, cleaned my bulged teary eyes and read aloud…

A Short Story For Traders

We look at the myths related to “trading the market”—There are misconceptions that give many people—new to the world of “trading the markets” wrong impressions of this art. Causing them to miss out on the opportunities that this art can provide.

The art of trading—is the world’s largest market for buying and selling. Billed as the riskiest financial career, it is involves approximately $3 trillion worth of transactions each day

Today being the end of the year, I’m tired of running away from my problems. I keep learning and learning but it seems there are guys who have some special power to trading—than I will ever have.

A problem that I have failed to acknowledge because, I’m scared of the outcome—afraid to be seen as weak. My problem is the “fear of failure”.

Now I wake up every day, “positive mindset only”, I mutter to myself. You know—whatever happens, I’m ready to soak it in.

The lies; the deceit, every time. Why do I keep doing this to myself? I wonder. My words don’t match my actions.

“You can lie to everyone but—the one person you should never lie to is—yourself”. Sylvia catches me lying to that very person every-day. The one person I should love more, trust more is denied of this gratification.

Disappointed doesn’t even come close to how I feel everyday.

My Reality: Mind And Risk

Most times, I forget that I am a mere retail trader. My thoughts exactly—I might not know of the secret ingredient to the art… but, I know that there are two ways to be very successful in it. One is owning your mind and secondly, accepting the risk.

The mind is a crazy mansion—I’ll let you on a recent occurrence in my life. 

One faithful afternoon, the ground started spinning, my muscles were stiff and I was super confused.

“What’s happening to me?”, I mulled.

This lady started experiencing something she has never encountered before in her life. “Never had to faint before but—if this is the feeling, Lord, I’m not interested”, I prayed silently.

Many don’t know but—I have a phobia for death. So, for the first time I’m actually sick—the phobia kicked in.

Now, this fear of being sick, made me actually sick. The doctors, clueless. From malaria to typhoid, “we can’t find anything wrong with her. She needs to see a psychiatrist”, Jemima uttered to my hearing.

Mind Games

It’s 4am, suddenly—the air is tight—I encountered what the doctors believe is a “panic attack”. It became a challenge… controlling my mind because—that’s the only way I can avoid this attack. 

Why am I telling you all this?

It’s because, I got to realize how powerful the mind is. The reason for your failures, your sickness, your successes is—your mind. Not even bluffing… but, this happened to me recently. The only escape is… not to think about it and channeling your mind to think positively. 

Jami, my friend, told me…

“It is easier for one to take risks and to chase his dreams with—a mindset that he has nothing to lose. In this lies—the immense passion and the great advantage of avoiding a materialistic, pleasure-filled way of life.”

So, what exactly do you think of when you trade? 

Traders Here’s The Trick

The trick here is: think of wins only. Don’t just think, Believe!

If you take a trade and all you think about is—how you don’t want to lose that trade and how successful the trade will be. Then, you have already lost before—the outcome of the trade.

“It’s hard to beat a guy when he’s got his mind made up that—he’s going to win”. 

Finally,

In terms of “risk”, I’ve never known a person who was successful… that didn’t at first—establish a mindset of success. No one and I repeat—no one, can predict his own life.

Don’t let anyone deceive you—The risk-takers are the ones in flashy cars and big houses. These things take time!

If losing a million/thousand dollars makes you uncomfortable, what gives you the impression that—you can make a million/thousand dollars. You are only ready to be rich when… you are ready to stop caring.

This is my final piece to you—I hope you can correct the great rich quick mentality, stay consistent in all you do. Consistency, leads to growth—that germination will one day lead to you also having the lifestyle you once dreamt of.

Till we meet again…

Love, Mom.

I turned off my reading lamp, went to my bed and wailed!


All my articles are entirely a work of fiction. The names, characters and incidents portrayed in it are the work of lazyluchi’s imagination. Any resemblance to actual persons, living or dead, events or localities are entirely coincidental. 

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