What LOSER Traders Say – 6 Phrases
I like to say…
Go where winners thrive and excuse givers die!
If you’ve ever uttered the following phrases below – I urge you to stop saying them from today.
And when you do utter these below phrases, you’re going to manifest losing, despair and hopelessness.
But it’s not your fault. It’s the conditions and echo of amateur traders – that other traders listen to.
I don’t believe for one second you want the loser mentality.
I believe you want to embrace the mindset of a true trading champion.
So let’s stop saying the below:
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The Market is Wrong: A Blame Game for the Weak
Newsflash: the market isn’t out to get you.
Another newsflash, the market is NEVER wrong.
It goes up, down and sideways.
What you’re seeing in the charts is HISTORICAL.
So, what comes out in the future is untold but the truth.
There should be NO ego for ever saying – The market is wrong.
Take control of what the market is currently doing and what it has done and analyze your approach.
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I Suck at Trading: The Pity Party Pitfall
Negative self-talk is the fastest route to trading mediocrity.
We are ALL bad at something when we start.
We continue to be bad at something if we don’t practice hard, work at it and have persistence.
If you’re convinced you suck at trading, it’s time to silence that inner critic.
Trading is no different from picking up another skill, vocation, endeavour and hobby.
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Maybe I Should Just Give Up: The Quitters’ Anthem
Throwing in the towel is the easy way out.
In fact, I don’t believe traders lose.
They simply quit.
But winners persevere.
If thoughts of giving up dance in your mind, consider this:
Success often comes to those who refuse to quit.
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Risk less.
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Tweak your strategy.
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Have your game plan with a solid back tested journal.
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Reassess your goals.
Take a deep breath and remember that every setback is a setup for a comeback.
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Damn, This is a Slow Process: Impatience, the Silent Killer
Trading success is not a sprint; it’s a marathon.
Complaining about the slow process won’t expedite your journey to financial triumph.
Whether you’re holding gold and waiting for the market to rally to new highs – It will come – you just need patience.
Winners understand that patience is a trader’s virtue.
So either you run the marathon, or give up trying knowing it’s going to be a long road.
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I Can’t Do It
Your mind is a powerful tool.
And when there are challenges and doubts, you’ll find that you’ll keep telling yourself – you can’t do it.
Think of thoughts as tiny branches of a tree.
The more you think a certain way, the bigger the tree becomes.
And this will set yourself up for failure.
Random thought: This is why when a woman says I’m fat 1,000 times. No matter how thin she is, you can’t convince her that she is thin. Because of the tree she has build in her mind about her self-image.
Same with trading.
Stop saying negative thoughts.
Be kinder to yourself and who you are.
Winners replace “I can’t” with “I will.”
Winners replace Should, Would, Could with DO!
Cultivate a positive trading mindset, believe in your abilities, and watch how your confidence transforms your trading outcomes.
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I’ll Start Tomorrow
Procrastination is the biggest thief of success.
Tomorrow is the favorite day of the loser.
If you constantly push your trading plans to the next day, you’re delaying your success.
You’re delaying profit opportunities.
You’re delaying your learning process.
Winners take action today.
Start now, stick to your plan, and relish the progress you’ll make.
Tomorrow’s victories are earned through today’s actions.
FINAL WORDS:
So from today, say and manifest a more optimistic and positive mindset.
Don’t say any more loser phrases.
And let’s cultivate a winning mentality and tree of positive branches to your mind.
Let’s sum up the phrases you must NOT say:
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The Market is Wrong: A Blame Game for the Weak
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I Suck at Trading: The Pity Party Pitfall
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Maybe I Should Just Give Up: The Quitters’ Anthem
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Damn, This is a Slow Process: Impatience, the Silent Killer
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I Can’t Do It
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I’ll Start Tomorrow
Trade well, live free.
Timon Rossolimos
Founder, MATI Trader
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