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Why Should You Enjoy Losses?


Last time I told you about dealing with losses by enjoying them. But I know that you may some excuses to apply this solution.

Excuse 1. You think that it is not possible.

You can read Jack Schwager’s interviews with the top traders. They enjoy trading, and don’t worry about losses because they know that they will win in future. These traders weren’t born with that attitude but they developed it. So you can do the same.

Excuse 2. You think that trading is about being serious not about joy.

If you do something that you enjoy then you are more creative and motivated. If you also like winning then you are motivated to use your creativity to make money on markets.
If it doesn’t convince imagine that you manage your company and you want to hire an employee. You have 2 candidates. One has medium experience but he is passionate about his job.

Second one is more experienced but he doesn’t like his job and he do it only for money. Which one would you hire?

Probably the passionate. Why?

Excuse 3. You are worried that you will enjoy losing and lose more money than usual.

If you follow the attitude of the top traders you will not enjoy losing. The point is that you will not but focused on the results of you trading but on the process of trading which will give you a lot of fun.

In effect you will enjoy trading EVEN WHEN you lose. And you will make money because you will use your creativity (which will be stimulated by joy) to win.