Emotion in the commercial environment

All new traders are emotional when it comes to trading – it is a new experience and it can bring different emotions.

If you find yourself depressed or jumping around the room after surgery, then you have a problem with your discipline.

Your goal with trading is to make it as emotionally neutral as possible so that it becomes routine. Taking this approach will allow you to smooth out emotional peaks and valleys.

Everyone comes to the markets with high expectations about what they are going to do in the market, but few are willing to do the work. The truth is, operating as a profitable business and MAKING MONEY is not a great adventure – it is work, but that work is what allows you to have great adventures away from your trading table.

Discipline Awards

For those who are willing to do whatever it takes and be disciplined in their approach, the rewards are endless.

Most people see discipline as “sticking to the rules” or “following a plan to the letter”; but what makes a successful trader is someone who is willing to get into their own psyche and do whatever it takes to figure themselves out.

What separates the “men from the boys” (or women from the girls) is the self-discipline to take actions that are not necessarily comfortable because that is just what needs to be done to achieve the desired results.

Mediocrity: the opposite of success

The MOST path taken is settling for average results and eventually an average or uninspired life…

My good friend and business partner, Ron Bentley, calls this being “comfortably uncomfortable” – it’s the limiting belief that it’s some kind of sign of strength to show how much discomfort you can take, rather than living a life of inspiration and action that it can be the most satisfying and powerful life one can lead.

Navigating the road to success

The road to success is one that has many distractions, early exits, and often some big bumps and hills.

The disciplined entrepreneur is the person who looks at their own thoughts as these obstacles approach and sees where they might go astray, but chooses to stay on the path because they know what awaits them at the end of the path: the life that awaits them. dreamed for them and their families.

Now, constantly monitoring your emotions and tendencies to take the easy road requires discipline because sometimes (actually quite often) you will have to face something that you have been avoiding for your entire life.

Fears that have been so far removed from you that they seem to be “normal” ways of being.

Success really comes to people who defy their mental discipline and go all the way.

traversing the distance

The journey to success is not (in most cases) a sprint, but rather an endurance event, but there is more to the finish line than just a pretty ribbon or a shiny trinket.

The rewards of success in Forex trading are time, money, and the choice to do what you want for the rest of your life.

Ready, Set, Go!

spear freeman