The first step towards change is being aware of your mistakes. The way you relate to money is very important.
Rich people focus on opportunities while the poor focus on obstacles. Jeff Bezos, does this name sound new to you? He is the founder of Amazon. This man founded his empire in a garage with just a small heater to keep him warm, and what do you think he was focusing on? Was he thinking about his idea, how to monetize it, or the thousands of problems he would have to face? If he had stopped to think about all the problems he would have to face, he would never have created Amazon. Unfortunately, focusing on obstacles is what most people do, so don't focus on problems and what can go wrong, otherwise fear will paralyze you. Unlike the poor, the rich are not intimidated by problems.
Most people want to be rich, but they get caught up in negative thoughts. Tell me what you think of rich people? Can you explain to me why you hate them so much? It doesn't make sense to hate them.
You should try to imitate and copy what they did to become rich, and if you've been told that copying is wrong, I'm telling you that it's wrong not to do it. Also, don't have the same common thought that everyone has, that it takes money to make money. There is nothing more wrong, especially in the trading sector where it's enough to create a track record respecting various parameters such as risk and present it to investment funds. We will talk about this in depth in another article. Don't worry.
Do you hang out with or avoid successful people? Very often you avoid them and it's something I don't understand. Hanging out with them means learning from them, seeing their way of thinking; if you avoid them or feel resentment and envy towards them, how do you think you can move forward and learn?
There is a law called the law of attraction, how does it work? Simple, positive energy and vibrations attract more energy, so you need to focus on the positive side of life, and this also applies to people. Those around you must be positive. In addition, don't expect anything from others. If you want to be successful, you must think that everything depends on you, especially in the financial world. If you expect something from the people around you, you will soon feel like a victim and think like a victim.
Another very important thing is to think big. Don't let others bring you down. If you have a project, believe in it even if it may seem silly. Remember that people bring you down because they are afraid and envious of your possible success, but you must be strong and believe in yourself. If you know how to do something and especially know how to do it well, don't be modest. Modesty serves no one. If you hide it, it means you are afraid. Your remuneration will depend above all on this, so the more you show that you are good, the more your value will increase.
In the trading sector, you don't need a lot of money to start having financial freedom, simply because in the beginning you have to learn and, I'm sorry to say, to learn you will have to lose money, but this does not mean burning accounts. Simply when you lose, you must be psychologically good at not getting discouraged and continuing on your path, and this is where the way of thinking comes into play. Don't get discouraged at the first difficulties, keep going, study, try and try again.
Rich and successful people, before getting where they are, made sacrifices, worked even at night, did not take vacations, taking precious time away from studying. To achieve success, you have to give up many things. When you get there, then you will think differently.
----- Article published by Entony Geluardi - Professional Trader and contributor to La Piccola Wall Street.