
Quote from GetWhatUDeserve:
Its obviously not something one would "think" about. Therefore to say that fear of success is not present merely because someone doesn't consciously think about it does not prove that it does not exist, and further that it doesn't affect performance and results (especially in trading).
Fear of success shows itself in all endeavors, and can act as a governor, as one factor determining the upward limit of achievement. Fear of failure generally sets the lower limit. One's performance day to day is typically somewhere in the middle of those bounds. Those two fears, failure as more conscious, success as more subconscious, act as a behavioral thermostat, guiding expectations and actions. If one does too poorly, fear of failure acts as a motivator to analyze, change methods and in some cases just work harder (maybe getting off your lazy ass that put you near failing?). Doing too well, conversely, can trigger the possibility of change: changing social circles, facing resentment from some, or leaving perhaps a family expectation of one's role and traditions. Many people are afraid of the unknown, even if its better on paper. We have been conditioned culturally to think that more money is better, however, there are likely equally strong motivations in some not to leave the status quo.
It would be too long of a post to give much evidence for the above statements. But lets say you are at least open to it, how does one adjust? There are volumes of information written on this subject, however the general area to look in is in the area of identifying your beliefs and then changing them to suit your goals. Some beliefs are present at the conscious level, others are not. There are ways to identify, modify and align beliefs to better suit your needs. Obviously, it involves work and time.
Quote from GetWhatUDeserve:
Its obviously not something one would "think" about. Therefore to say that fear of success is not present merely because someone doesn't consciously think about it does not prove that it does not exist, and further that it doesn't affect performance and results (especially in trading).
Fear of success shows itself in all endeavors, and can act as a governor, as one factor determining the upward limit of achievement. Fear of failure generally sets the lower limit. One's performance day to day is typically somewhere in the middle of those bounds. Those two fears, failure as more conscious, success as more subconscious, act as a behavioral thermostat, guiding expectations and actions. If one does too poorly, fear of failure acts as a motivator to analyze, change methods and in some cases just work harder (maybe getting off your lazy ass that put you near failing?). Doing too well, conversely, can trigger the possibility of change: changing social circles, facing resentment from some, or leaving perhaps a family expectation of one's role and traditions. Many people are afraid of the unknown, even if its better on paper. We have been conditioned culturally to think that more money is better, however, there are likely equally strong motivations in some not to leave the status quo.
It would be too long of a post to give much evidence for the above statements. But lets say you are at least open to it, how does one adjust? There are volumes of information written on this subject, however the general area to look in is in the area of identifying your beliefs and then changing them to suit your goals. Some beliefs are present at the conscious level, others are not. There are ways to identify, modify and align beliefs to better suit your needs. Obviously, it involves work and time.