Redirect Fear's Energy

This is the fifth in a series of articles about Fear of Failure, Fear of Success and Fear of Rejection in trading. This series started November 13, 2006 with the article entitled “Fearful Trading”.

Yesterday, I wrote about releasing yourself from these three fears. Today’s article is about how to use these fears for your own benefit.

Given that fears are emotions and that emotions are a form of energy, you can conclude that these fears can be useful energy instead of harmful energy.

Here’s some examples of using these fears instead of being a victim of them.

Fear of Failure – Use this fear to extinguish behaviors that hurt your trading success, such as impulsive trading (as opposed to disciplined trading). “If I keep trading impulsively, I’ll fail at trading”.

Fear of Success – Use this fear to commit to succeeding as a trader instead of giving up. “If I apply for that corporate job, I’ll probably get hired. That job pays so well that I’ll likely quit trying to succeed as an independent trader”.

Fear of Rejection – Use this fear to reinforce disciplined trading. “I’ve got to stick to my trading plan or else I’ll look undisciplined”.

You already have these fears. There’s nothing to install. One way to redirect their energy is adopt self-talk that has that effect.

I'll be back on Monday ...

Copyright 2006 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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