I think it’s very important to understand why we behave the way we do. When we understand how something works we not only do that thing better, but we also enjoy it as well. Ask a pro trader why he continues day trading after 10am when he has already made enough money for the month. It’s because pro traders enjoy the challenge, they like to be in the market to find different expected outcomes and different ways of looking at things.
I’m sure the extra Starbucks cash isn’t that bad either
Before you start day trading it’s very important to be able to understand your definition of success. Do you want to drive around in a Ferrari and show off to your friends and acquaintances, be honest with yourself, you might look good Ferrari. Just do yourself a favor and buy it red, Ferrari’s is a car best served red.
Are you dying to have your wife work only because she wants to? Not because she has to? I bet some of you are trying to find away to pay your kids through college, all three of them. They have something called protection now a days you now.
My definition of success? FREEDOM
I don’t want money, I don’t fame, I don’t want fortune. All I want is my freedom, to have the ability to pay off my mom’s mortgage for bringing to the United States when we had nothing. To travel as I please and not have to worry about money. To have the freedom to pay for my little brother’s and sister’s college so they don’t have to stay in a third world country with no opportunity.
If you want to be rich that’s completely okay. You can make a lot of money day trading, more than you ever dreamed of. The importance of finding what drives you is to keep you motivated to get you to that next step. Learning how to Day Trade isn’t easy, most day traders give up after a few months or after a few years when day trading companies have drained them of all they have.
If you find what drives you there will be nothing that stops you. It took me over 4 years to be profitable but I never stopped and you know what I am doing now? I am traveling around the world and actually making money off of it. I have been invited by the government of Israel for a free press trip and even worked out partnerships with the tourism partners of Zambia.
- When you find your definition of your success you will find your drive.
- When you find your drive there is nothing that will stop you from achieving your dreams.
What’s your definition of success?