Traders Laboratory - View Single Post - My turn in the chair - Ego,Validation and bad behaviour
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Old 06-03-2007, 10:44 PM
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Re: My turn in the chair - Ego,Validation and bad behaviour

I'd love to hear the Doc's views on your issues. I have a few thoughts I'd like to share with you, in the meanwhile.

Since I believe that a person's choice of words has meaning to them, I think what you've written contains some very specific clues as to your current mindset.

Quote:
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When I worked I was respected (and renumerated) for my views and my knowledge.
Nick
This sentence is the key to understanding your issues, far as I'm concerned.

You wrote "When I worked".

Well, what exactly is it that you are doing now? If it's not work - a full-time endeavour - what is it for you? A part-time hobby?

I don't think that you've got your head fully wrapped around what you are doing yet.

And I don't believe for a moment that it was a subconscious, unintentional slip either. You have been taught and conditioned throughout your life to get an j-o-b and work for someone else for a living.

Your choice of words affirms your current mindset. Until you are ready to truly accept that you are indeed working for a living as a trader, you won't achieve the success that you feel you are entitled to.

And, let me be clear here. You are entitled to nothing. The markets don't owe you a damn thing, as you acknowledge.

You are also aware that in your previous career, hard work led to success and respect. You must do nothing else but repeat the same work ethic in this field. Anything less will lead to abject failure.

That's my two ticks from the sidelines for you. I'm looking forward to hearing what the Doc has to add here.

Hope this helps.

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