By Taro Hideyoshi
I have known some successful people and I used to wonder that why do they succeed? I have tried to find the answer. Then I have seen one thing that they have in common, they love what they do. Many of them even told that they cannot believe that they actually get paid for doing what they do. Many successful people will tell you that they would do what they do even if they were not paid at all.
So, I think I found the answer, SUCCESSFUL PEOPLE DON’T WORK FOR THE MONEY.
To be successful, you have to work hard and love what you are doing and the money will follow. You have to focus on work first and count the money later. Sometimes they do not even count it or do not even care how much they made. They just know that they have enough to allow them to do what they are doing.
In trading, the same thing is applied, you should love trading for its own sake not because of it can make money for you. Most individuals want to enter the trading world because they think that they can make a lot of money easily and quickly. Their goal is to make a lot of money fast. Hence, they come to seminar and keep searching for the holy grail in trading thinking that it can guarantee their profits. These type of traders do not want to learn the ins and outs of the trading business; they want the magic system that will get them the money. Ultimately, they are doomed to failure.
Let’s think, what may successful traders look like?
Successful trader will love being around traders, they may attend seminar and feel like their home since they love being around traders and talking with them. They talk to other traders not for finding trading tips and to know trading secret but for camaraderie. The successful will also love to learn new trading technology, analyze trading strategies and techniques. They love to spend their hours to monitor the overnight market information and check market’s news. They may even love their losing trades as the losing trades as the part of the game.
The successful traders love what they are doing. And as long as they can keep on trading, they will be happy. As Thomas A. Edison said, “I never did a day’s work in my life. It was all fun.”
Taro has strong will to share his experiences to others who are living in hard economic times like these days and trying to survive in financial markets. So, he has written and published articles on subjects such as personal finance, investment and money management.
His articles could be found at the websites – eFinanceZine.com & MetaStockTradingSystem.com.