If you desire to be a master trader you must think masterly thoughts.
Surely there is action following those masterly thoughts, but there are thoughts behind the action. ¬†The thoughts form the principles, the philosophy that form the basis for the actions. ¬†And if you even wish to get even more advanced than that, there is a consciousness level that tends to produce those masterly thoughts.
For most people, thinking perfection seems to be hard. ¬†I stress the word seems. ¬†They see all the imperfection in the world, the wars, the killings, the poverty, etc, and they don’t believe in perfection. ¬†Well, it’s true that the world is still advancing. ¬†Even this great experiment that is America is still most certainly in the process of moving towards a more perfect union.
Another reason that thinking perfection seems to be hard is that it is usually easier for someone to be pulled down to mediocrity and useless thoughts, rather than for someone to pull themselves up towards masterly thoughts. ¬†The gravity of mediocrity, since it tends to afflict so much of the world can pull most people down. ¬†But with a few simple strategies, you can be well on your way to thinking masterly thoughts.
You will feel a lot better about yourself and your trading when you think masterly thoughts, catch a nice trade, make a killer profit and actually know the reason it happened. ¬†Which was because you thought perfection and got close to it. ¬†Your entire consciousness level was permeating perfection which led to the right moves to make in the market.
Those people and traders that have a ZEST for life, usually are trying to get better. ¬†They are seekers of perfection. ¬†Striving for a higher pinnacle at something.
For the master trader, or master at anything, finds joy excitement and grand reverence in his or her work and the people and industry they serve. ¬†They have trained themselves and automatically think and act in a masterly way. ¬†Surely someone can be born with a particular level of consciousness, but there is still certainly tremendous effort they exerted to discover it, develop it, to polish it, and also to keep implementing it. ¬†These masters are not at risk of falling into mediocrity. ¬†They do not allow such vibrations and attitudes that are lesser than them to affect them. ¬†They can just tune them out.
The seeker of perfection typically is “on fire” about life, and has new ideas and also good ideas from old. ¬†They are not filled with rampant delusions that the average person has.
So we have been on this subject of trading perfection for the past few blog posts and we will continue it in this direction. ¬†It is too important a subject to be taken lightly. ¬†It deserves a full and proper discussion – and many many many explanations.
You see, growing up people only seemed to give me one explanation for things. ¬†One perspective on things. ¬†They did not expose me to the full gamut of possible scenarios, possible explanations, possible perspectives. ¬†And I was worse off for it, until I got smarter and figured things out for myself.
I won’t make the same mistake with you that others did to me. ¬†So I am going to you a lot of possible explanations for why a trader does not think and act in terms of TRADING PERFECTION. ¬†So you can see which one (or multiple ones) potentially fits into your current situation in life.
Scared That ‘Something’ Is Going To Take It Away
The average trader has many fears, about 90% of them are irrational. ¬†90% of them are not true.
One of the fears and beliefs is that if they practice trading perfection, that they are obviously going to do financially well in life and that this ‘something’ this outside entity whether physical government, or spiritual universe is going to take it away from them. ¬†Or the market is going to take it away from them.
Or perhaps that they are going to have an uncontrollable urge to do something bad or evil, or spend money like crazy, etc. ¬†That somehow, this outside entity or uncontrollable urge will take over and cause destruction to rain down upon their lives. ¬†That some God, or something, is going to punish them. ¬†Perhaps they have heard the phrase from bible “blessed are the meek; for they shall inherent the earth.” ¬†And they take it to mean poverty is good, etc. ¬†Well that is one interpretation of biblical text. ¬†It’s not the only one. ¬†So you don’t have to believe in that. ¬†You can create your own belief system. ¬†As Jesus said: ¬†“As thou hast believed, so be it done unto thee.” ¬†Which gives you incredible leeway to shape your own life.
As an example, one hedge fund legend talked about some friend that would double his money a few times each year, and still end up flat on the year. ¬†How could someone possibly double their money not once during the year, but twice and still end up flat? ¬†That is certainly a lot of conscious and unconscious self sabotage. ¬†Evidently there was that ‘something’ that took it away. ¬†He thought trading perfection for doubling his account – twice. ¬†Then ‘something’ happened!
I also know someone who came into a decent chunk of money in his early 20’s. ¬†Within a year or a few years, the money was gone. ¬†No cash producing assets or anything else to show for it. ¬†Money spent on bad business deals, loans to people he shouldn’t have, vacations, booze and girls. ¬†Money gone. ¬†That ‘something’ took it away!
In actuality, that ‘something’ doesn’t exist. ¬†Only perfection and harmony exist. ¬†Any deviation from that is not your real self. ¬†It’s just temporary. ¬†As the Japanese spiritual leader Masaharu Taniguchi said: ¬†“Disease, misfortune and imperfection do not exist… Your true image is perfect and harmonious.”
Anything else that produces disease, misfortune and imperfection is simply a false construct in your mind. ¬†You can construct and believe in a far better philosophy.
Therefore, just as you were skillful in making the money, in making the 5% or 10% or 20% on a single trade, or in making 50% or 100% in a single year, just as you showcased your trading prowess and skills to yourself and to the world, you can also do well for yourself in the managing of it for wealth preservation and enjoyment and fun. ¬†They are not mutually exclusive. ¬†You CAN have both.
Take another story where I was having dinner with my family as a relative from abroad visited. ¬†He was talking about how one of my nephews looks like a soccer star from decades ago. ¬†And that this soccer star was destroyed by the girls and womanizing, etc. I thought about it for a moment and told him:
“No, no, no. ¬†He allowed them to destroy him. ¬†The girls did not destroy him. ¬†He allowed them to do that.”
So the soccer star was at fault for allowing others to do that to him. ¬†If he wanted to do womanizing he could have done it in a more responsible way that preserved his fortune, and also his health and sanity. ¬†The soccer star did not have to allow others to destroy his fortune and his health, etc. ¬†As there are other superstar athletes that lead far more balanced lives. ¬†You can have both – be a superstar and lead a balanced life. ¬†That is possible. ¬†In contrast to the fears that those people in a low consciousness level tend to try to inflict upon others.
Another reason why they can have this fear of that ‘something’ taking it away – is because they¬†may have feelings that they don’t deserve success. ¬†That they don’t deserve perfection.
Well, what’s past is past. ¬†Guilt, shame, sin, don’t exist. ¬†What happened in the past may have seemed like a good idea at the time. ¬†Now you have a new direction for your life.
Also, it is very difficult for any single person to believe they are worth it all, all of it, to have their cake and eat it too on day one of their journey. ¬†So if you don’t yet believe it all, that’s okay. ¬†I didn’t have it on day one. ¬†The next best thing is to attain the gradual enlightenment, and on that journey of results you will receive some quantum leaps too. ¬†That is the next best thing. ¬†No athlete, no entertainer, no trader, no inventor has it all figured out on the first day of their journey. ¬†So show some compassion to yourself. ¬†Show some patience. ¬†Give yourself the time you need to figure things out.
Also, this fear of ‘something’ is going to take it away must be banished – forever. ¬†As you should get into the cycle of benefiting from opportunity and opportunity.
You can “Domino Opportunity.” ¬†You can reach goal after goal. ¬†To get into that wonderful cycle of Dominoing opportunity. ¬†In whirlwind fashion. ¬†Where the knowledge, skill, cash and people connections from one deal and project, can help you reach your next goal even quicker. ¬†This is truly something to aspire to.
As one hedge fund back in 1977 made a +31% return. ¬†Not bad you say? ¬†Well, next year it was +55%. ¬†And the next year it was +59%. ¬†And the next year it was a whopping +103%. ¬†What happened to the boogeyman going to take it all away? ¬†It did not exist. ¬†Only reaching goal after goal, perfection after perfection exist.
Scared That They May Be Looked Upon as Weird
Some people are afraid that if they think and act perfection they will be looked upon as weird.
Well, since most of the world is operating under mediocrity consciousness, when you do make a lot of money, and your belief system, and work ethic that produced it, you might be looked upon as unusual by other people.
You will probably have to get some new friends (or a lot of them!) ¬†You can’t just lead your life only having your childhood friends. ¬†You have to make new friends in life.
They are scared that their trading perfection will be a turn off to others. ¬†So they carry those imperfections into their trading, resulting in less money than they could have. ¬†Similar reason to why young kids do drugs, smoke, etc. ¬†They want to be cool, fit in. ¬†They haven’t found something worthwhile to focus on. ¬†Some grand ambition and vision to focus on. ¬†They are not looking for perfection because there is no grand ambition and need to.
Well, do you really want too many of such mediocre people in your life anyways?
For example, some people are scared to read and study about the greatest trades of all time… because they are scared of the massive success making them feel weird to other people. ¬†Sad but true. ¬†Such self sabotage.
In reality the successful usually have the ability to adapt and shapeshift to the situation. ¬†When they are working they work. ¬†And when they are at a party with some normal people, they can enjoy it and chat with them and entertain them at their level.
And, you can also tell yourself: ¬†“So what!?”
So what if they think you are weird or unusual? ¬†A lot of my beliefs were looked upon as weird, but eventually accepted by my family. ¬†And if they don’t, o well, bless them and let go. ¬†Others will probably lead a mediocre life, and you realize in life to let go and that’s fine too – for them. ¬†If that is what they want, that is fine too.
They Believe Perfection Does Not Exist
Another reason that a trader does not practice perfection is they believe it does not exist. ¬†That there is no such thing.
They may have never seen much of any moments of perfection from their parents or siblings or classmates, etc.
Well, what makes you believe that these people have the wisdom of the world? ¬†They don’t have a lock on the wisdom of the world. ¬†The wisdom of the world can be discovered and developed for you, by your desire to search and learn and apply. ¬†By finding the right book for the right moment in your life.
They may have grown up not seeing a well run family, business, marriage, so they get jaded, etc.
They never saw perfection, never read about it. ¬†And may not have realized yet that they should develop the desire to search and read. ¬†Kinda like a person who is in an abusive relationship, never knowing what better exists out there. ¬†Not knowing what they are missing.
This is where some heavy research on a role model, etc, getting all their books about them, articles, interviews, picture progression from youth, videos, etc, can be very important to imprint this NEW self image upon your mind and consciousness.
Also, they may have never seen perfection from a trader. ¬†And in truth – perfection doesn’t have to be 100% win rates. ¬†There is no trader in history who has had a 100% win rate or anything close to it. ¬†I don’t have it and neither does anyone else. ¬†Stop trying to force yourself to 100% win rates. ¬†That is just the destructive ego talking.
You can achieve your financial goals with a much more achievable 40 – 70% win rate trading system.
Now, this does not mean that just because you cannot have a 100% win rate over many years on trades, that you shouldn’t think of trading perfection. ¬†You should still think and act in terms of trading perfection – and this manifests itself in your trading edge working its magic over a sequence of trades. ¬†And occasionally you will find a trade where the win rate is so high and close to perfection as you understand every buyer and seller involved in the market and where it is going to go.
Perfection or very close to it, DOES exist. ¬†It does. ¬†Go read up on the greatest trades of all time. ¬†They are perfection or close to it.
Perfection in your mind and body also exists as well. ¬†Walking around town and traveling, etc, I see a lot of people in their 60’s and 70’s whose bodies and minds are breaking down. ¬†That shouldn’t be happening. ¬†They are not thinking and acting anywhere near perfection. ¬†If you see people like Buffett, Icahn and Soros they still have plenty of energy and ambition left in their tanks. ¬†And their minds are getting better. ¬†They are making some of the biggest deals and biggest money of their life into their 70’s and 80’s.
They Are Unsure If They Want To Be Perfect or More “Creative.”
Some traders are unsure if they should think perfection. ¬†They might feel that if they have this set of rules for a perfect trade that it prohibits “creativity.” ¬†And a lot of people out there who want to be “creative,” even if it means they won’t make much money. ¬†They feel that if they think a certain way they won’t be creative. ¬†And they place a far too extreme value on creativity rather than on pragmatic PROFIT. ¬†So they are at that moment in their lives, legitimately torn between whether they should think perfection or be more loose.
And yes, there are plenty of people who choose to keep their massive creativity, rather than imposing some limits on it to get closer to maximum profit.
The answer is that thinking perfection for a particular trading style, does not prohibit creativity in another strategy or trading account. ¬†You can impose discipline with your main account and have side research projects to fulfill your desire for “creativity.”
I am not saying you can’t be creative. ¬†I have come up with some unique strategies that I have not seen anywhere else. ¬†That fulfilled my creative urge. ¬†And I come up with new ones from time to time. ¬†But I cannot completely disregard the work and ideas that others have already done. ¬†They’ve already done some of the work – so why not just follow it? ¬†I don’t have to completely revolutionize every single aspect of trading. ¬†I can revolutionize some aspects of it. ¬†But not every single one – as their are legends before me that have done some of the work.
Take another example of a young couple who are not sure if they should be naughty or nice. ¬†They may see some good people who good hearts, be broke, empty refrigerators, etc. ¬†And they wonder, what good did that person’s kindness get them? ¬†They may see some news of some celebrities who are naughty, get into trouble, but still have so much money. ¬†So they figure out, why not be naughty? ¬†So they can be legitimately torn at that moment in their lives.
That young love. ¬†Where one person or both persons don’t have their personalities and philosophies fully developed yet. ¬†They aren’t fully sure if they want to be nice or naughty, or what combination of the two. ¬†They are both still designing and discovering their lives, personalities, philosophies, etc. ¬†So they cannot even know that perfection exists. ¬†Or if they have heard of it, don’t believe in it, favoring the young “free spirits” etc. ¬†And this can spillover into other areas of their life – like career ambition and business, where the money typically comes from.
I give you these stories and anecdotes from outside of trading and different age groups, etc, because I believe they can be very enlightening and important to your trading success. ¬†To you getting the trading money. ¬†Because I truly care about your trading success. ¬†And to speed it up, at a velocity set by the intensity of your desire.
If I did not believe they were important, I would just talk pure 110% about trading.
Also, this trading thing is not like a relationship with a human being where maybe you are kind and perfect to them and the other person does not reciprocate. ¬†You are dealing with the market here. ¬†If you get the market right, and timing right, you are going to make money. ¬†The market will respond. ¬†If not on the very next trade, then over a sequence of trades.
Have perfection or close to it, in the money making, and then do whatever you want, be looser in the other categories of life. ¬†That’s a strategy you can use. ¬†But you have to make the money.
So at least, be more serious about the making and keeping of the money!!! ¬†Then you can have as much and what kind of fun that you desire with it.
They Like To Dig Themselves Out of Holes
Some people get their thrills in life from digging themselves out of financial, health holes that they have created for themselves.
That is how they get their thrills. ¬†They like to create this drama in their life to then tell people the stories of how they got out of this mess and that mess.
They don’t want perfection, because they believe it will mean no excitement from digging themselves out of the mess they got themselves into.
Simple as that.
This kind of trader needs to figure out how to get their thrills from other ways. ¬†To get their thrills from the making and keeping of the money and use of it in a fun and responsible way.
They Try To Think Perfection With Lack of Knowledge
Another reason a trader does not think of trading perfection is that they are working with inferior information.
They have a lack of TRUE KNOWLEDGE.
They were exposed to all these things… which were simply not true. ¬†This trader may think they have real knowledge, but they actually lack real wisdom.
They don’t know what is true and what is not true. ¬†The human mind, unaided from birth, struggles to learn what is true and what is not true. ¬†Thus one must seek proper knowledge.
They struggle to shed non-essentials and useless thoughts. ¬†Because they just don’t know how to identify them. ¬†They don’t know how. ¬†They don’t know what they don’t know.
If I was trying to give you real trading wisdom, real perfection, with only the knowledge I gained from the trading forums, I would fail miserably. ¬†And you wouldn’t like the ideas I would be giving to you. ¬†They would not be of high quality.
But, because I gained real knowledge and skill from so many better sources, I can now get you to trading perfection, or close to it.
They Think It Is Too Much Work
A trader may not think trading perfection because they equate the word “perfect” with “too much work.”
Well, whether you implement a system, a philosophy that has an edge, or one that doesn’t, its still work. ¬†You are still doing work. ¬†Whether you have a mediocre thought or powerful thought, it’s still a thought. ¬†Whether you are coming from a mediocre principle, or great principle, it’s still a principle. ¬†So you might as well choose the one that works. ¬†To choose the efforts that produce the desired results.
Also, if a trader just stays stuck in a certain rat race – they are expended a lot of energy, and not much to show for it. ¬†No sustained profit to show. ¬†And no foundation of skill to produce future sustained profit. ¬†Lots of energy and effort which could have been channeled in a different direction.
You have to develop at least one – preferably both – the profit to show for it, or the foundation of skill that will produce that profit, or BOTH. ¬†If you have neither, then the time has not been spent wisely.
A trader could spend a decade and 10,000 hours of their life browsing the trading forums and information that will never give them an edge, or they could channel this in a different direction.
Just like an athlete can spend 10,000 hours in an ineffective way, or they can spend it in an effective way.
Also, a trader must distinguish between the “impossible” and the “it’s just hard,” and the “its simpler than it appears.”
Obviously, the impossible you want to stop the wild goose chase on that fantasy. ¬†But for the things that “are hard” and the things that are “simpler than it appears,” you want to work on those. ¬†The things that are hard you can work on. ¬†The things that are simpler than they appear you can work on them to realize and implement their simplicity.
Because for so much of achievement, it’s at first harder than it appears to be. ¬†And it gets simpler as you gain knowledge and experience.
As one of the hottest music entertainers at the moment said of her selling so many millions of albums and selling out concert tour after concert tour:
“It’s not that hard. ¬†It’s made out to be harder than it is.”¬†
That’s her current attitude, 10+ years into her music career.
So there is all this “stuff” plus more going on in the mind of some traders. ¬†And if they have a sincere and genuine desire for massive trading returns of triple digits, etc, then they should in their spare time work on shedding and replacing completely useless beliefs. ¬†To work on developing their mind power and spirit power to aid them in their trading ambition!!!
If you desire more POWER in your life, then start thinking and acting towards perfection in one or more areas of your life. ¬†Then your power to effect positive change in your own mind, body, bank account, family and community situation will skyrocket.
You think and act towards perfection up until you make yourself into the kind of person you desire to be. ¬†You keep it up, as you figure out one more piece and one more piece. ¬†You keep it up as you wrest one more secret from the universe that no one in your family or community knows about.
As you become a seeker of perfection, you will be “on fire” about life.
So don’t be afraid my dear friend. ¬†Success is just around the corner.
If you desire to think and act towards trading perfection, then we have a special treat for you with The Perfect Trade Blueprint: ¬†The 8 Rules For The Perfect Trade
Get it TODAY