Courage
I attended a financial planning seminar today. The speaker , Thomas , quoted something that interest me. I feel it is rather related to our trading psychology too. He mentioned - “at point of time in life we may lose friends , lose money … but if we lose the courage - we lose everything.”
Trading is never easy. It has a long learning curve. At times we may feel we are drowning and what we need is a lifeline. Strangely enough , for many people , including myself , reaching out for that lifeline takes courage. ( perhaps I should say reaching out for the last straw …) When we feel we are drowning , all we can see is what we do not have. Pride and self ego always gets in the way of reaching out. Fear of admitting we need help or that we have gotten ourselves into trouble prevents many traders from seeking help before all is lost. Fear that we will be rebuffed or humiliated when we ask …
