The Outcome & The Procedure
It is quite common that the majority wants to be on the winning side.
Most people want to eat a solid meal, but do not want to go through the tedious task of cooking the food, not to mention preparing it. People have a desire to replicate a dish that they see online or television, but do not want to go out to the grocery store to gather the ingredients and instead orders delivery nearby. The need to have instant gratification is so common in our everyday lives that it has become embedded in our minds. Being A Champion Is Highly Desirable
Being a champion is usually related to some sort of tangible award such as a trophy or cash.
In 1987 Paul Tudor Jones betted on a crash in the United States stock market that rewarded him and his company an astounding 125.9 percent return after fees, earning an estimated 100 million dollars. What comes to thought when you think of situations like this? You might be thinking that was a pretty sweet win right? It is enjoyable to be a champion and it increases our dopamine levels in our brains. Championships Are The Visual Outcomes Of A Long And Difficult Process
The 2020 NBA champions are the Los Angeles Lakers.
When we see them on television we see the greatest basketball team in the world. From the three pointers, to the assists, to the dunks and blocks, and the 21+ point leads they have over their competition, we see an elite team of skilled athletes'. What we miss however, is the countless hours of practice that they put in daily in order to become such great players that dominate the sport today. Take the late Kobe Bryant for example, he is my favorite basketball player and in my opinion the greatest player of all time. He makes the sport look easy. He can sink three pointers with absolute precision and dunk on anyone that gets in his way, even Goliath sized players, it doesn't matter, do not get in his way or you might end up getting a spot on ESPN Sports Centers' highlight reel the next morning. What makes him so dominant is not genetics, although that could be used to his advantage. It is his countless hours of practice and training. He trains while other players are asleep. He trains through his injuries, seeing him bounce back after so many torn ACLs' and knee injuries is incredible. He is practicing while other team members are celebrating. He is physically and mentally improving his performance daily. His presence is so intimidating on the court that he earned the nickname "The Black Mamba". A couple extra hours daily became a dozen extra hours weekly, which quickly added up to a couple hundred extra hours monthly and so on. Now over 2 decades later he outlasted the superstars of yesterday and was still better that 99% of the industry at his age. He is undoubtedly a champion and one of the greatest athletes' that has ever lived. The Journey Isn't Attractive, But Is Essential For An Appealing Victory
Lets' face it, the journey isn't quite what you had expected it to be.
No one wants to hear the truth about being a consistently profitable trader, I get it. It is not what you might have thought out it to be. There is so much noise and facades in the trading world it becomes extremely distracting and frustrating to learn to proper way. Lots of deceitful characters on social media that will give you the wrong impression of the industry. It is not the quick profits and large gambling mentality that will get you there, but the journey and appreciation of small incremental gains over time that will get you that championship ring someday. How bad do you want it? How many times are you willing to fail before breaking your threshold and trading intuitively?
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