Do you believe?

I don't know how to explain this because the topic is a bit confusing. However, I will try to give you an idea for you to understand where I want to go from here.

My grandpa' used to say that in order to achieve something, your mind needs to be ready for it. He said that principle applies to every single aspect of life: love, money, family, dating, etc...

According to his beliefs, people that fail are failing because they are not "programmed" to have success in whatever it is they're failing. For example, if you are failing finding any women to date, it is because your mind is not programmed to have success with women. This sounds crazy right?

But, I have personally reached the conclusion that my grandpa' was right. The only thing that determines your success is "HOW BAD YOU WANT IT". In other words, does your mind want it? If you really wanted to be rich, wouldn't you give all you've got to be rich?

Some people say "I want to be rich", but they don't work for it. Most of the time, these people that say "I want to be rich", don't really feel it. They just know that being rich will help, but they don't realize how it could change their lives. Then, desire comes in...

I will stop typing because if I keep on going, you know it will be a very long post. So, I would like to know what you guys think about this belief or theory or whatever you think it is.

Have you read The Secret? You might find it interesting.

The philosophy in the secret is not one of "I can be rich and successful" because this means "I am not rich and successful". It is beyond positive mental attitude. You have to believe "I attract money into my life", "I am blessed with abundance" and "I am a successful trader". NOT "I will attract money into my life", "I will have an abundant life" and "I will become a successful trader".

shadowninja said:

Have you read The Secret? You might find it interesting.

The philosophy in the secret is not one of "I can be rich and successful" because this means "I am not rich and successful". It is beyond positive mental attitude. You have to believe "I attract money into my life", "I am blessed with abundance" and "I am a successful trader". NOT "I will attract money into my life", "I will have an abundant life" and "I will become a successful trader".

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I'm not sure whether or not you're in agreement with the ideas you posted shadowninja but I can't say I agree with them. Having a positive, or negative, attitude to something will do little more than taint the way you view a situation and prevent you from passing judgment on the evidence presented to you in an objective way.

That's not to say that believing something can be achieved and having the determination to do so is a bad thing however that's quite different to having a positive or negative attitude towards said achievement.

Viewing things with a neutral attitude is much, much easier said than done. It's even harder to come to the realisation that your positive or negative attitude is influencing your beliefs in a detrimental way.

Mind you, I'm in no way suggesting that people should go through life as cold blooded analysts...society would be very boring if we were all like accountants

It's not "can I work hard enough to be rich?" It's whether you're willing to risk losing it all ("it" being time, money, lifestyle and anything else) to attain the desired rewards.

Vrothdar said:

I'm not sure whether or not you're in agreement with the ideas you posted shadowninja but I can't say I agree with them. Having a positive, or negative, attitude to something will do little more than taint the way you view a situation and prevent you from passing judgment on the evidence presented to you in an objective way.

That's not to say that believing something can be achieved and having the determination to do so is a bad thing however that's quite different to having a positive or negative attitude towards said achievement.

Viewing things with a neutral attitude is much, much easier said than done. It's even harder to come to the realisation that your positive or negative attitude is influencing your beliefs in a detrimental way.

Mind you, I'm in no way suggesting that people should go through life as cold blooded analysts...society would be very boring if we were all like accountants

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Will we ever know the truth?

The truth behind what? If you're asking if I think we'll ever prove empirically whether or not a positive/negative attitude towards something is beneficial or detrimental I'd have to say no. There are situations where a positive/negative attitude is beneficial, where it is detrimental and others where having a positive, negative or neutral attitude is of little or no consequence.

Perhaps I have a negative attitude towards polarised attitudes:whistling

Be careful what you wish for....

Vrothdar said:

The truth behind what? If you're asking if I think we'll ever prove empirically whether or not a positive/negative attitude towards something is beneficial or detrimental I'd have to say no. There are situations where a positive/negative attitude is beneficial, where it is detrimental and others where having a positive, negative or neutral attitude is of little or no consequence.

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Exactly. It's hard to know but to be positive is a better feeling and you'll try more, which means if it's a numbers game then you're more likely to be a winner.

shadowninja said:

Exactly. It's hard to know but to be positive is a better feeling and you'll try more, which means if it's a numbers game then you're more likely to be a winner.

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It could also be argued that viewing things in a positive light will cause you to subconsciously alter your perceptions to support you aims. There are certainly examples of this on these boards.

I agree with you, however, in saying that being positive feels better and is usually associated with a higher level of determination. My personal belief is that it's better, in trading at least, to have that high level of determination but coupled with a neutral attitude rather than a positive one.

After typing that I get the feeling that I'm probably considering a positive/negative attitude to be something different to the other readers of this thread. I think it would be fair to say that I could well have picked up the wrong end of the stick and when I've said positive/negative attitude I've really meant a positive or negative prejudice towards a particular event (a trade, test etc.) based on previous unrelated experiences or hopes about the outcome of said event.

In short: A positive attitude is a great thing. Any sort of prejudice is a bad thing. Vrothdar should look at sticks before picking them up to ensure he doesn't pick up dog poo.

Yes, you're right. However, in this business you sometimes need a bit of self-motivation.

/me waits for temp and n_t to tell us all we must be touched by the hand of god if we are to succeed and no amount of thinking otherwise will help us mere fools who have not been so touched.

sounds a little like good old fashioned 'self fullfilling prophecy' to me. If you and others say tht you are a great trader often enough then you will believe it.

Does not mean it will stop u losing 25k on the dow on a sunday night though lol

Self confidence is relevant imo, yeah.

Oh it can make you lose money because you'll take stupid trades in the belief that you are a trading god. Like everything, it's about the correct application.

You say that, but I never make stupid trades - every single trade is perfect. If I've taken a loss it's because the market isn't as good at trading as me

Well, yes, it is the market's fault. Sometimes it wants to play tricks with you. I think it has your card marked.

I have always believed that it's all in the mind, that the way the Universe is built up is really based on action = reaction, meaning you get what you order up .



I couldn't agree more.

You can if you think you can, you can't if you think you can't, but it's always YOUR Universe to do with what you want, it's ALWAYS your thoughts that create YOUR Destiny !

"Whether you think you can or you can't, you're usually right"

(don't remember)

My grandpa' used to say that in order to achieve something, your mind needs to be ready for it. He said that principle applies to every single aspect of life: love, money, family, dating, etc...

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Have you considered the possibility that your Grandfather may have been wrong ?


Paul

Self confidence, desire, self belief, hunger etc etc... all that is definitely required.
One small thing helps as well - Lady Luck

Don't ask me her address!