The loneliness of success

Let's get to deepen these issues of "fear of success".
Just so we can all agree :

<iframe width="640" height="360" src="http://www.youtube.com/embed/37lH-qfdQ_A?feature=player_detailpage" frameborder="0" allowfullscreen></iframe>

This one is really the bestest. hahahaha

 

Interesting. Is that Joseph Campbell?

 

your whining is sending a contradictory signal of making money. If you were making the kind of money you say you are making you buy nice gifts, e.g. bring friends on vacations you cover the cost, you pick the tab at all the bars, parties etc, then everyone wants to see you succeed. you aren't making that obviously so stop pretending.

 

Good quote, but coming from someone named "small stops" ?

 

SeventhCereal : why do you feel the need to tell the person what the person should do with their money ? I just want to understand the mindset behind. thx

 

Need to learn humility when it comes to stop sizes

 

The guy is whining about being lonely yet bragging about making money. Two contradictory statements in my opinion.

 

Small stops got that quote from a football motivation speech on youtube, or something like that. weak sauce....you must be in your 20's.

Today, if you can't make at least 45k in the ES then you need to just close the account. it's easy, and only people who fail think it is impossible to make money. it's easy, since the underlying trend has been bullish for a long time. and step your size up when vol. is low. so many are just not that smart and lazy and think everyone fails because they fail.

success is not caring. 100k in the bank account, house paid off, wife happy, fitness good, eating whatever you want, and not explaining anything to anyone.

there is no loneliness in success.....people see the confidence and they are inspired by the freedom. they are jealous and curious of the champion....

online motivational speech....I charge 5 million. just a little less than bill Clinton.....think big clownies...

 

Based on my personal experience, self-sabotage and procrastination are not symptoms of "fear of success", they're symptoms of fear of failure. Procrastination allows a person to remain in a state of hope ("I can accomplish X whenever I make the decision to; I just haven't decided to yet.") and self-sabotage allows a person to blame external factors for failure to get started or to succeed.

With regard to day trading, for example, you may believe you have an edge, yet have a problem putting on trades based on your observations. You hesitate because you first want to see some confirmation that you're right, and you miss the move or get in late (which dilutes or even ruins your edge). Or you check email, surf the net, go get a snack or cup of coffee, pet the dog, when you're supposed to be watching for setups to unfold. This gives you an "out" for missing a great setup. If this happens occasionally, it's not a problem, but if it happens regularly, it's self-sabotage.

Both of these examples illustrate fear of failure. If you hesitate, you're either afraid of losing trades or you're afraid of uncertainty in general (meaning you either don't have a statistically valid plan or you doubt your ability to remain steadfast in an environment of constant uncertainty). If you become easily distracted and miss opportunities, you're afraid of finding out you don't have what it takes to produce consistent profitability as a trader.

 

Following some of my research on "fear of success", the contradictons exists.
For instance
"Causes of Fear of Success
Fear of success has several possible causes:

•We fear what success will bring – for example, loneliness, new enemies, being isolated from our family, longer working hours, or being asked for favors or money.
•We're afraid that the higher we climb in life, the further we're going to fall when we make a mistake.
•We fear the added work, responsibilities, or criticism that we'll face.
•We fear that our relationships will suffer if we become successful. Our friends and family will react with jealousy and cynicism, and we'll lose the ones we love.
•We fear that accomplishing our goals, and realizing that we have the power to be successful, may actually cause an intense regret that we didn't act sooner
"
http://www.mindtools.com/pages/article/fear-of-success.htm

Now, if you look to lottery winners, you will see cases where the winner started distributing money to friends and family. In one case one brother wanted more and problems started...

He could be bragging , or he could be celebrating success, and wanting to share his joy of doing well. Trading is a hard way to make easy money, so I can understand that he would want to share his success. Just a different way of looking to things.