What they will not tell you
We always want to be 200% honest in what we do so here’s time for what some people (educators, promotors, sellers, …) will not tell you.
First of all, trading is not as easy as 1, 2, 3. The markets itself are always evolving and we have to evolve with them.
Things like Covid and war (who ever thought we would even ever speak about these things in our lives) also have an impact on the markets, which can mess a lot of stuff up.
Some basic technical analysis is NOT difficult, but that probably will NOT make you a long-term, consistent, profitable trader.
Your mindset is one of your biggest reasons why you will probably FAIL in trading.
99% of people don’t have the ‘power’ to get through the stages of becoming a profitable trader.
That’s why it HELPS to be surrounded by people with the same vision, who went through it all and know what you’re going through.
That extra push can be the difference between quitting and becoming a 6-7 figure trader.
Mindset phases
Excitement – positive
In these phases you will work towards your goals and put in time and energy in learning this skill.
Nothing will hold you back and you are 100% that you are GOING TO MAKE IT!
You will already start anticipating on what you will be doing with all that money you make.
Difficulties – neutral
You will start to encounter some difficulties. Maybe you have taken some losses or you start understanding that it isn’t as easy as 1, 2, 3.
At this point your mind is still strong enough to persevere, because you can still see the bigger picture.
Doubt – somewhat negative
You’re starting to doubt yourself because you’re not making consistent profits yet.
You probably have made some profits but likely you have given it (and probably even more) back to the markets.
Friends and family tell you not to waste time on it because it’s all a scam according to them.
Sick of it – negative
You’re completely sick of it, trading is nothing for you!
You should have listened to your friends and family, all that MONEY and TIME wasted, FOOL!
Overcome it
Here are some tips & tricks to overcome quitting on your dreams:
- Write down your WHY
- Surround yourself with like-minded people (community)
- Follow a step by step plan to achieve your goals
- If you achieve a milestone, celebrate it
- Stop watching social media
- Be grateful for what you have and what’s to come
- Don’t compare your chapter 1 to someone else’s chapter 10
- …
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