You can either see the success of others as proof that you can achieve the same, or proof that you can’t. Your reasoning reveals more than you realise about your inner belief system.
Everyone wants results without the struggle. We want success faster, more easily, and without the risk of failure. As a trader though, we know that we have to accept that this is an immature way of living.
We put ourselves through the wringer so we can carry the knowledge acquired through enduring the hard-knocks around in our head… and we know that no-one can ever take it away from us.
Incidentally, it’s perfectly OK for you to decide not to become a trader. It’s OK to reject the struggle, the mindset blows, and the effort that comes along with developing effective trading habits. I don’t mind if you reject my way of life – as long as you don’t begrudge me the rewards that have come to me because of the choices I have made. You have no right to subsidise your own lifestyle, or confiscate mine because of the choices YOU have made.
For those out there in non-trader land – they chose to watch TV while you learned about the purity of the chart. They chose to drink beer while you kept your head clear, so you could enter your next position with precision in the morning. They chose to party, while you traded in the wee small hours of the morning.
They made their choice.
And you’ve made yours.