Creating Trading Prosperity
The trading environment has it's own set of intricacies. Understanding how to think like a successful trader takes a unique set of values and mindset in itself.
Doing whatever needs done mentally to create your success as a trader ~ is an integral part of your financial security. The most successful traders and executives do "what needs to be done" ~ and that means acquiring the highest and most positive beliefs about money.
Let's say you have had a certain degree or modicum of success at your present or previous career as a lawyer, banker, doctor, or other corporate professional, or even in the technical fields. How do you make your current skills work within the markets ~ and make the transition into creating the same comfortable lifestyle you may be used to ~ using those same skills into your trading results? Have you thought about the fact that those same previously successful skills may not apply to the markets? Probably not. And it would be a reasonable assumption to think that your current skills would be useful in the trading environment ~ a natural assumption that most people would make.
And, as such, transferring your previous beliefs and skills from that career may not be conducive to success at trading, and creating the "professional traders mindset" ~ meaning, you will have to learn how to instill a "prosperity mindset" to create your trading success.
For instance ~ coming from any other career entails changing your "finite" skills and beliefs into "infinite" skills and beliefs. What do we mean by that?
The beliefs we have about money and success created in a previous career play a vital role in your results in your trading. Coming from a previous work-oriented and defined career ~ where your ideas about making money are finite based upon performance, raises and promotions ~ (in essence, someone else's opinion of what you are worth) is not necessarily conducive to providing you with the skills you need to create an upwardly climbing equity curve while trading the markets.
Why?
Because in the game of trading ~ only you decide what you are worth, at any given moment, within any given trade ~ you are the only one to pay yourself once you decide to become a trader. There is no more paycheck ~ no more 401K ~ no more benefits from someone else. It's all up to you.
And those are the types of beliefs and skills that need to be updated to reflect your independence and ability to create, and more importantly, maintain consistent results. If you are still waiting to get "paid" from the markets for all the analysis you have done, or how much you have spent and studied your system ~ you will not create anything but boom & bust cycles, indefinitely.
All beliefs can be modified, updated, or changed to more positive, unlimited growth-oriented goals. If you are not consistent and do not have a steadily rising equity curve, then taking a look at, and updating, these beliefs ~ usually instilled by others years ago and no longer effective for you ~ and usually limiting for your new and current goals ~ can have an extremely positive effect on your trading.
Most of us don't even think about money or success, or what we really believe about them ~ because we are used to someone else having a schematic as to our financial growth based upon performance. And yet, when you look at your trading results, and they're not what you thought they might be at the end of the year ~ how can you think that your beliefs about money and success have nothing to do with your ability to accumulate?
Your ability to accumulate on a regular, and consistent basis is direct reflection of how you feel about money ~ how you feel about success ~ and more importantly, your ability to start thinking in probabilities, and a more expansive idea of accumulation ~ it doesn't work any other way! If you have conflicting beliefs about money and success ~ your trading results will reflect those conflicts.
Paula can help you identify and define your present beliefs about money and success ~ and then guide you in updating them ~ in essence, creating your "prosperity mindset" ~ to be more productive for your trading.
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