Whether to make $500 a day or 8 figures, you must have faith in yourself, regardless of how many losses you must overcome as a trader. Faith is critical to anyone that wants to become successful in trading. There is no point of continuing any endeavor in life if you don’t believe in it or in your ability to get there. “Whether you think you can, or you think you can’t – you’re right” – Henry Ford as quoted in the book. If you have better things to do aftermarket, your burning desire to become a trader is not there. When I started trading at a proprietary desk, I used to see the vast majority of traders come and go as soon as the market closes. The desire to becoming a trader must be bigger than anything else you want to accomplish and must be your number one priority. But desiring riches with a state of mind that becomes an obsession, then planning definite ways and means to acquire riches, and backing those plans with persistence which does not recognize failure, will bring riches.”Īccording to Napoleon Hill, everything starts with a burning desire to get somewhere, to be somebody. This post is an adaptation of the 13 principles or steps talked in the book that can be applied to your trading business anytime regardless of your skill level. The lessons in this book are priceless, timeless and valuable at any point of your life. As you probably know, Napoleon Hill wrote the classic How to Think and Grow Rich to help anyone become financially rich.
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