One thing I've noticed in a lot of stories of traders success is that many of them turned the corner when they were on the verge of giving up or had already mentally given up but kept trading.
I am reading Psycho-Cybernetics and came across this paragraph....
Later, in his famous Gifford Lectures, James cited example after example of persons who had tried unsuccessfully for years to rid themselves of anxieties, worries, inferiorities, guilt feelings, by making conscious efforts, only to find that success finally came when they gave up consciously, and stopped trying to solve their problems with conscious thought. "Under these circumstances," said James, "the way to success, as vouched for by innumerable authentic personal narrations, is by.....surrender...passivity, not activity--relaxation, not intentness. Give up the feeling of responsibility, let go your hold, be genuinely indifferent as to what becomes of it all....It is but giving your private convulsive self a rest, and finding that a greater self is there. The results, slow or sudden, or great or small, of the combined optimism and expectancy, the regenerative phenomena which ensue on the abandonment of effort, remain firm facts of human nature.
So, I'm curious....how many other traders have experienced this? Turning the corner when you gave up hope for success or maybe on your last dime.
I am reading Psycho-Cybernetics and came across this paragraph....
Later, in his famous Gifford Lectures, James cited example after example of persons who had tried unsuccessfully for years to rid themselves of anxieties, worries, inferiorities, guilt feelings, by making conscious efforts, only to find that success finally came when they gave up consciously, and stopped trying to solve their problems with conscious thought. "Under these circumstances," said James, "the way to success, as vouched for by innumerable authentic personal narrations, is by.....surrender...passivity, not activity--relaxation, not intentness. Give up the feeling of responsibility, let go your hold, be genuinely indifferent as to what becomes of it all....It is but giving your private convulsive self a rest, and finding that a greater self is there. The results, slow or sudden, or great or small, of the combined optimism and expectancy, the regenerative phenomena which ensue on the abandonment of effort, remain firm facts of human nature.
So, I'm curious....how many other traders have experienced this? Turning the corner when you gave up hope for success or maybe on your last dime.