Winning and losing in the stock market.

 

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I feel there is a misconception in the investing world that there are winners and losers, but this goes further than just investing it goes into life!

If some one is winning some one is losing, but I just can’t see that.

If I buy one stock off one person, who is happy to sell it to me and I sel

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l it to someone else who is happy to buy it off me, I am being of service, I am not winning or losing. I am just making decisions that work for me.

I am not responsible for other people and their decisions, if they are not happy with it after they buy it off me, that is their decision, but again I haven’t competed with any one, it is a free market. They could of bought it off millions of other people, at millions of other times. So, at that very moment he was happy I am not pulling one over on any one. If some one buys great if not I’m left with my decisions.

Do people lose in the stock market yes 100% they do, but am I in their race? No not at all!!! I am in my own race!!

To explain this further. If I was to come second or even come last in a race with Usain Bolt would I be a winner or loser. Well to me I’d be winning I’d be just happy to get that experience. So, in my world I would be a winner! Or in other words happy!

So, who are we competing with? actually no one. We create a story in our mind that there is a competition because people win and lose in their race, but we are not in their race.

So, what is the competition? or is there one at all? Well I want to improve every day that is the only challenge I have. So, I am only really racing against myself.

So, what does these concepts of winning and losing do for us? what would happen if we dropped the idea of competition altogether and started looking at what is really there. Let’s drop the lenses of winning and losing.

If I make a trade and it does not do what I want it to do, have I lost? Am I a loser? I know if I learn a valuable lesson I become wiser and I’m more able to make better decisions the next time. Do i like it? no, but i am not a loser!

So, do I win by learning? or do I win by my trades making me money? I don’t win anything either way there is nothing to win there are only lessons.

Now what does the stock market look like to you?

The way I look at things now is, how can I grow? Winning comes from insecurity wanting to be better than someone and losing is the same. But who cares? no one else does.

My goal is to become more and more effective. I know if I constantly aim to be more effective I’ll be looking at the market for what it is! an opportunity to grow, mentally, emotionally and financially. If it goes up I win, if it goes down I win, I’m always winning, because my goal has nothing to do with any one else and is focused on what is going to get me the results I want in the long term.

Pain and pleasure are real, winning and losing are not. Yes, I feel pain when I don’t have a great trad but how I make that feel better is by learning. But if I believe in winning and losing trades, I’ll feel like a loser and not learn, that will only go into developing some sort of self-image as a trader.

 

So, by setting our focus on what is effective, we see the world through a completely different lenses, one that works and empowers us!

Where else in life is this relevant to you?

Traits of an Entrepreneur.

EntrepreneurWe can get caught up in traits, behaviors and miss the true essence of a person. This is a great post on traits of an entrepreneur and also someone who is living their life to the fullest. Richard Branson

What I want to show is that we are all individuals, and we come at every single thing in life in a completely unique way. So no matter what, trying to emulate traits, is actually not being true to yourself, and demotivates you.

I’ve found through dealing with a number of entrepreneurs that effective personality traits develop as desire for the business grows. The desire to create an effective mind-set and routines grows in line with the business.

So the key personality trait that I would suggest developing is clarity of vision. see how your business can work get out there and start asking questions.

However, there is an aspect of this, that has to be kept in mind. It is to develop clarity of vision with a focus on improving ones self to achieve that goal.

Just like running a marathon you can not go straight to running 42 kilometers you have to grow but by doing your research each day and doing your bit each day you learn about yourself and as part of that you grow in every aspect. you get more organized to run in the morning you learn about eating better. all the traits develop as you move towards the goal.Entrepreneur calm

Let me ask you do you think Donald Trump and Richard Branson where born with all these skills, or did they learn them as they went along. Each of them learned personality traits from their parents. How many rags to riches stories have you heard, from people who had no parents. What happened is, that they had a goal and developed the traits along the way.

Goals come before traits so develop your goals and become the person who can achieve them.

What are your goals,  and who do you have to become to get there?