Many of us want to be as perfect as we may. We do not want to experience failure or setbacks or roadblocks. Actually most of us have been raised that failure, in any case and at any time, is ‘bad’ and success is ‘good’.
So if that is the case, then thinking in an exceedingly simplistic and logical manner, you might say that you avoid failure and welcome success. You do everything you can to avoid failure.
Even if it means NOT TRYING.
I laughed the first time I actually listened to Napoleon Hill’s Seminar, “Your Right to be Rich”. He asks the energetic audience to tell your pet how many times they think it is that someone will try something before he/she gives up. After he requests the question you can hear people within the room throwing out various answers, and the most audible one is a person who says, “Once. ”
Hill retorts with, “Once? Once? Normally are not you thinking you are being a little bit generous? Once? ” He asks the audience if they’ve heard of the man who can’t perform a thing because he doesn’t think he can do it. He finishes by stating most people DON’T EVEN TRY AS SOON AS!!
They think about it, realize that they “can’t” do it or they might look ridiculous or fail, so they don’t perform anything.
Avoiding Failure. Because it is “BAD”.
You all know what I’m speaking about, right? We’ve ALL done this particular before. You see the pretty young lady or handsome gentleman across the room but you don’t go say anything to him/her. Why not? Fear of failure. Fear of being rejected. You didn’t even TRY ONCE!
Failure is GOOD. Failure is NECESSARY.
If you are not Failing, you are not living. You are not increasing. You are cautiously doing the safe factors you’ve done before and not expanding your horizons.
So you have to think about failure as something that HELPS you. Denis Waitley talks about how “failure is fertilizer”. Why?
“Because it smells but it helps you GROW. ”
That’s a pretty powerful image.
So , Listening to advice from defeat or failure is critical. Failure and defeat tell you that you are attempting new things. You are learning. You’re subsequent that natural path in the universe of getting from point A in order to point B. It is NEVER EVER the perfectly straight line. There are all sorts of things that will push you off your path and it’s your job to adjust.
Start relocating to where you want to go and when it’s someplace significant you will be out of place from your path. All you have to do will be re-aim and get back on focus on. And don’t give up.
A guided missile that gave up when the first gust of wind hit it would be completely useless. The onboard computer merely measures and notices how far it really is knocked off course and then readjusts the stabilizers and thrusters and gets back on course.
What does YOUR on-board computer do whenever something knocks you off training course?
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I know people who cry. Get unfortunate. Get angry. Get depressed. Get aggressive. Get wreckless. Give up. What do you do?
This trading game we are in – it’s not for people who can’t deal with failure. The failures and challenges that some traders will experience in this game can be quite severe. To make it in this game you MUST have heavy skin. You must persist. You must wake up off the ground, dust yourself off, appearance forward at your ‘foe’ sternly and say ‘bring it on’. You must learn from defeat.
So how do you learn from defeat? It’s a couple of steps:
1) You must frame defeat and failure correctly. What I’ve been talking about here hopefully will help you do so. The three terms, “Failure is fertilizer” can do it.
2) You must study your disappointments and defeats closely and with objective eyes so
that you CAN LEARN from it.
3) By doing # 2, you will help yourself move forward because you is not going to repeat those SAME MISTAKES or experience the same Failures over and over again… a minimum of not more than a few times.
4) And finally, by experiencing # 3 you will proceed to a ‘better’ set of problems and failures that you GET TO solve and split through and move past. Constantly continuing to move forward, towards your goal.