Robert DeNiro's Commencement Speech-- Applicable to Traders??

Discussion in 'Psychology' started by marketsurfer, May 29, 2015.

  1.  
    smallStops and dealmaker like this.
  2. qxr1011

    qxr1011

    Applicable, only the other way around :)

    He said: "You discover the talent, developed the ambition, recognized your passion...."

    With the wannabe traders it's the opposite: You recognized your passion, developed the ambition... and only later you discover that you do not have the talent.... :))

    Then you f@cked....
     
    Last edited: May 29, 2015
  3. It seems that God works in mysterious ways :

    - one question indeed how people deal with rejection

    * Some fear rejection , so usually , get hyper prepared, and in a certain way go for the "safest" option when one considers their level of preparation.

    * Some seek rejection, so make as many assumptions as possible to find rejecting situations

    * Some are not bothered about rejection: they take it as a feedback, build on it, and move on

    - vocation / talent : the luckiest students seem to be the one
    who have found early on a real vocation. No matter the subject, they
    always seemed to have an entry they really like before graduating.
     
    Last edited: May 31, 2015
  4. qxr1011

    qxr1011


    that's true , but there is no rejection in trading since you have no audiences or boss who reject or approve your efforts...

    in trading there are no audience, no applause, nothing...

    audience or boss can be fooled, therefore in many occupations (including acting) absence of talent is ok, since you can be a mediocrity and still win the hearts of public or superiors

    not so in trading: no rejections here and no approvals, but also nobody to fool...except yourself

    that's why you can not be a mediocrity here, it's just not enough
     
    Last edited: Jun 1, 2015

  5. I really like understanding a trader's mindset and psychology first.
    On these two videos : which character is nearer to what you are
    ( your psychology) ?
    No change of plan here.

    Video1


    Video2
     
  6. Please do not take these questions in a bad way : these are just to be able to fully understand your mindset. Nothing more than that, as I have come
    to realize that each person have a unique way of seeing things.
     
  7. qxr1011

    qxr1011

    I do not take your questions in a bad way, but I am a very private person and do not talk on forums about myself.
     
  8. Fair enough.