Staying motivated after success

Discussion in 'Psychology' started by nursebee, Jul 16, 2022.

  1. Overnight

    Overnight

    There's a song for that.

     
    #31     Jul 17, 2022
  2. SunTrader

    SunTrader

    Right. The market allows what the market allows.

    I never use targets, of any kind - per trade/day/week/month/year.
     
    #32     Jul 18, 2022
  3. Handle123

    Handle123

    In 1999, I quit working for our government, had made/saved 3 million/plus trading account funds and bought 900k bus, after 6 months of driving around and 2 different girlfriends, one at a time, Except for trading on bus, I was hopelessly bored. Went back home, sold bus and back to trading, hired a small staff, developed more systems, traveled much more first class but fits of boredom comes and goes. Would take students, but the time to teach them takes so much time to learn to trade. Every couple years want to shut everything down, let go of larger staff, but then to do what? Trading is so boring, once you figure out the game...plus I don't want to learn more.

    Just not motivated to trade or life, but been this way couple decades.... can't help you.
     
    #33     Jul 18, 2022
    VPhantom likes this.
  4. Jzwu2017

    Jzwu2017

    If one is truly successful one can always do better until one wins all the $ in the world, but that’ll never happen. Therefore, it’s not easy to get bored.
     
    #34     Jul 18, 2022
  5. zghorner

    zghorner

    Personally, I would open up a strip club and bang 20-30 year old baddies with daddy issues all day.
     
    #35     Jul 18, 2022
  6. tony.m

    tony.m

    Do your students trade the way you do or they find their own trading style ?
     
    #36     Jul 18, 2022
  7. Handle123

    Handle123

    Both, but beginning there are many many patterns and many stats they have to keep/remember. I only have 42% of them successful, meaning they quit their jobs, retired or worked cause they were able to do both. What I do know is if someone is over fifty years old, I can't help them to scalp, memory issues. And besides, many more wealthy traders do better at longer term.

    Am on my very last guy am tutoring, I don't have the motivation or desire to teach any more.
     
    #37     Jul 18, 2022
    VPhantom likes this.
  8. tony.m

    tony.m

    Are your patterns and stats self-taught or you follow others ?
     
    #38     Jul 18, 2022
  9. quest324

    quest324

    Staying motivated after success is essential because we cannot be overconfident in trading; we must learn to remain calm and motivated throughout the trading journey.
     
    #39     Jul 19, 2022
    murray t turtle likes this.
  10. Why it's "essential"? Will we die otherwise?
     
    #40     Jul 19, 2022
    murray t turtle and VPhantom like this.