What is Needed for Stock Market Success?

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Options Trading

What is Needed for Stock Market Success?

More and more people ask the question in the title, which would be no problem, but the majority of them look for answer in the indicators and technical formations.It’s as if I wanted to build a house and only kept thinking about what should the roof tile will look like. First, you need to place the foundation in order to build a house.Stock market success should be based on this as well, and - although it sounds incredible - the foundation has nothing to do with the stock exchange or with the market.

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What is Needed for Stock Market Success?

Risk management and non-directional trading are nice things, but the key to success does not lie in these.

Based on previous questionnaires and my surveys, 58% of my readers look at the stock exchange as the way to financial independence. There's no problem with that, provided that you have verified whether the stock market really fits your personality and whether you have done everything possible to ensure your success. I’m talking about the foundation of the house...

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Success is not something…

"Success is not something but someone" - Me :)

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Success is not something…

The questionnaires showed nicely that most respondents could articulate what they did not want, but that there was no precise idea of what they would actually like. Well, yes, this is the first step on the road to success. I got responses like:

"I do not want to work, I hate my boss ...""I want to be free, to be with my family ...""I do not know what I want, but I do not want to work ..."

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Familiar feelings?

If so, you still have a few things to work on. The first and most important thing is to be able to completely define, what your goal is and why. But before that, you have to clarify your dominant values, your priorities and many other things. It is also possible, that you have a belief system conflict, so your conscious self wants money and wealth, while the subconscious is constantly sabotaging this negative intention through the negative patterns established in childhood. I will write more about these later ...

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Do not be afraid of change

"Do not be afraid of change, be afraid of standing still." - Lao Tse

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A brief review of a few things you'll need for success

Perseverance, patience, discipline - because there is no quick successAbility to focus - to constantly keep your eyes on your goalConsistent self-development system - that keeps you on the road and helps to control itContinuous self-motivation - even if you are not strong enough to do it, it does not stopSuccessful belief system - which guides your decisions and your lifeOverwriting limiting beliefs – to finally step out of the constraintsSelf-confidence, self-assertion - because you have no chance without theseDeveloping successful habits - making routine of them helps you reach your goalKnowledge of your own communication model - to know why, what and how "you message" to yourselfProductivity principles – to ensure what you do is productive and not just an illusion of development, etc ...

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Feel free to ask me!

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Email: gery@optionsrules.comMy webpage: http://www.optionsrules.com/

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