| I have met many successful people, and the one thing that they have in common |
| is that they love what they do. Many have told me they can’t believe that they |
| actually get paid for doing what they do. They have so much fun they feel guilty |
| taking money for doing it. Many successful people will tell you that they would do |
| what they do even if they weren’t paid at all. |
| SUCCESSFUL PEOPLE DON’T WORK FOR THE MONEY |
| Work hard and love what you are doing and the money will follow. Successful |
| people work first and count the money later. Sometimes they don’t ever count it, |
| and some don’t even know (or care) how much they have. They just know that |
| they have enough to allow them to continue what they are doing; working hard |
| and having fun. |
| LOVE TRADING FOR ITS OWN SAKE |
| I know that many individuals want to trade because they think that they can make |
| a lot of money easily and quickly. Because of the low start-up costs for trading as |
| compared to other businesses, they think that trading should be the easy road to |
| riches. Their goal is to make a lot of money fast. These are the people who come |
| to seminars and want an indicator that will guarantee profits. They don’t want to |
| learn the ins and outs of the business; they want the magic indicator that will get |
| them the money they desire. They are doomed to failure. |
| I remember a guy named John walking into a seminar I was about to teach. He |
| threw up his hands and said, “Ah, Traders! I am glad to be home.” This individual |
| was a successful trader. John loved going to seminars, not so much for the |
| techniques and indicators, but for the camaraderie. He loved being around traders, |
| talking with traders, analyzing trading strategies and techniques, and learning |
| about the latest and greatest trading technology. He loved learning the latest |
| features added to TradeStation and finding out a new way to use EasyLanguage. |
| He loved designing new indicators, and spent countless hours working on new |
| and different ways to exit the market. He was excited about getting up early in the |
| morning to monitor the overnight market information and checking what the S&P |
| was doing in |
| orders. He loved watching his strategy run on TradeStation. He was exhilarated |
| when he had to call his broker and give him a lot of grief for the latest bad fill. He |
| even loved losing trades. Even when he had to take a losing trade, he was still |
| John is a successful trader. He loves what he is doing. And as long as he can keep |
| on trading, he will be happy. The money he makes is secondary, but he makes a |