Soon, though, I
became aware that there was an even bigger game available to players like me.
It was, in fact, the biggest game in town -- the international financial markets.
So my interest shifted from playing cards to playing the markets. - James Frazer
Someone
in a West African country - a young man - had exhausted all means of getting a
reliable livelihood, including hard manual labor. He resorted to commercial motorcycle
riding. At least, he was able to get some money to feed his family.
One
day, he’d a near fatal accident, and got confined to bed for weeks. I thought
he’d never go back to commercial bike riding. I was wrong! Since he thought
he’d no alternative, he went back to that job.
The
young man went back to a job that nearly claimed his life because he’d no
alternative; yet many quit trading because they lost negligible amount of
money. People suffer ignominious defeat in other areas of their life and careers,
and they don’t see any big deal in that. Nonetheless, they see a big deal in
trading losses and they think there are better alternatives.
There
are many people who tried to discourage me from trading when I started. These
were people who were considered intelligent and successful in other fields,
like religion, education, politics, etc.
For
example, one respected religious man told me that he didn’t want to become a
trader because he knew those who wanted to make heaven shouldn’t trade. What a
totally wrong opinion about trading? That statement could discourage ignorant
people from attaining their potential as traders. The man later sent me a
personal email, asking me to remove him from my mailing list because he wasn’t
a “businessman,” and he wasn’t interested in trading. I quickly removed him
from my mailing list. He later blocked me on Facebook because he didn’t want to
see some of my posts, which obviously related to trading.
I
wasn’t deterred by his actions, for I knew his actions were also lined with
envy. I knew he wasn’t the one to feed me or carry my responsibilities for me.
He’d his own responsibilities and he’d even be glad if someone like me offered
him some cash.
Years
later, the same man was surprised that I’m still a trader, with a measure of
success. I even sent him some money recently. He was grateful for the
gift.
When Should You Become a Trader?
Now
is the time for you to decide to become a trader. You chances of success are
greater than you can imagine.
How
can this be possible? I’ll reveal the secrets in my coming articles.
Most
people come to trading as a last resort: When they’re completely down, when
they’ve nothing to rely on and they’ve exhausted other possibilities. This is a
wrong time to become a trader, since the financial pressure on you would make
it impossible to trader with sane logic and rationality.
It’s
better for you to become a trader when you’ve another sources of income. When
you know that some initial challenges you encounter wouldn’t endanger your
wellbeing (and perhaps, that of your family).
When
you’re supported by your family, your life as a trader would become easier. Joe
Ross, a trading veteran, once said his wife suggested that he write down what
he knew about trading so that his children could learn in the event they ever
wanted to take up trading. What he wrote at that time became his first book.
Joe Ross clearly had support from his family. What a blessing!
Don’t Give Up Trying to Become a
Successful Trader
Several years ago, when I encountered initial challenges in
trading, I was tempted to give up. However, I was lucky to come across some
things that encouraged me to keep on going. I knew I’d no better alternatives
than trading. Now I’m happy to be a trader. I can only look forward to a
brighter future.
Trading success is sweet, liberating and enriching. There
are numerous known and unknown traders all over the world, who make decent
profits on monthly and annual basis. They won’t exchange this wonderful
privilege for anything! By not giving up trying to become a successful trader,
you’ll soon experience the joy of financial freedom that comes with trading.
Conclusion: Many
a good trader has survived the point at which chicken-hearted people quit, and
has been rewarded. If we also imitate such determined traders, we’d survive
whatever the hurdles we come across and we’ll enjoy rewards greater than what
people think we can enjoy.
This article is ended with the quote below:
“Roald Amundsen says: Adventure is merely bad planning. I
have talked about Amundsen before and focused in particular about how his
success as an explorer was a function of his obsessive planning. What strikes
me about people who are successful in very difficult fields is that they all
share similar traits, attributes or philosophies. Much the same could be said about traders and
trading/. If you are find trading an adventure or it is exciting/stressful then
you are most likely doing it incorrectly.”
– Chris Tate (Source: Tradinggame.com.au)
Source: www.tallinex.com
Buy and sell Neteller here; get funded quickly: www.ituglobalfx.com.ng
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