What It Takes To Be A Winner.

Published date: 13/09/2018
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It’s often misunderstood that to become a professional in the financial markets or to even achieve what is considered ‘success’ you must possess all kinds of witchcraft and wizardry towards understanding chart patterns, serious in-depth expertise on all forms of technological algorithms/fundamentals & be up to date with every single ticker and update Bloomberg news provide frequently. But yet, in reality you could possess all of those capabilities and more, yet still be a completely unprofitable and disaster of an investor/trader. It’s easy to understand this when you realise over time your skillset & knowledge of the basics are heavily aligned with those of market ‘experts’ - Such as candlestick recognition, basic trendline understanding and maybe the occasional indicator usage. Whilst knowing the basics help, it will never bring you continuous success over the long term as it takes years (or months with the correct guidance) to truly adapt to the ever changing dynamics of the market and identifying when and where trends begin to change and it’s only then you begin to find patterns and setups that are unique to your trained eyes only, which is surreal when you take a step back to consider we all stare at the same charts and price tickers, yet the 1% of successful traders see the complete opposite that the majority naturally do. 

Want to know what’s crazy? None of that even matters. Years of experience can definitely give you an edge in terms of strategy and longevity in the markets, but it doesn’t mean a thing if the one tool you’ve possessed since birth is dysfunctional and not tamed - Yes, I’m talking about your brain and more importantly its influence on your decision making. 

Psychology is the key topic of this article and I’m writing this to paint a clear picture of no matter what you think you know or do, your ability to handle your emotions around the clock in all categories of situations is an art form that must be praised, as many will never be able to achieve such a level of mind over matter. Not because life is unfair or because we’re born at a disadvantage over intelligent people, it’s due to the fact most of humanity never set out to explore the capabilities of the brain and what even the lowest-level of consciousness can aid with achieving anything possibly worth attaining in life. 

When you look at the current market conditions, it’s a no brainer to predict many people have exited the market, taken what’s left of their money and fled back to the safety of a savings account for arguably the remainder of their lives. Are they stupid? Can we blame them? Absolutely not, in fact, they’re as normal as can be and are behaving exactly as we humans have been genetically programmed to behave. The brain almost has a built-in self defence mechanism, wired to make you question and alert to anything considerably rendered a ‘danger’, this can be said for both a scenario where a gun may be present in your surroundings or your trade being negative 80% and nearing liquidation. The body has a rapid response and it very frequently sets off false alarms on what is truly considered a threat or a risk, again it differs from person to person but a majority of the time what it’s telling you is a ‘threat’ is only because you’ve let yourself believe it is a threat. 

Within the markets, whether that’s Stocks, Forex, Crypto or Commodities: Money is on the line, money we as people have had to slave for or wait extended periods of time to receive. This naturally builds a perception in our heads that money is something we must latch onto till death do us apart which may be the toxic and detrimental factor to your success possible. Extended time in the markets and experiencing this incredible bear market of 2018 is a genuine life changer and blessing for those who blindly ran into the markets investing at all-time highs or with more money than they can afford to lose. Why would this be a blessing you may ask? Because the strongest hurdle in overcoming psychological demons is the pain and suffering of financial loss, something that once suffered for the first time, completely eliminates the average person from putting themselves in a situation to ever experience such pain again. As covered above, this is perfectly and naturally normal, but unfortunately in a world where only certain individuals make it to the land of ‘financial freedom’ or achieve something worthy of a legacy, it comes as no surprise there is a 1%, after all, the 99% never make it past the first hurdle and achieve detachment from monetary entrapment. 

The bear trend of this year may be horrific if you’re new to the market, but I’m extremely glad it’s happened because many people have found a newly (un)discovered strength of holding onto their investments despite the drastic drop in valuations across the board. Subliminally, for those who have held on to this present day, they have attained over the past few months financial losses most people will never experience in their entire lives and I’m a big believer in the harder & faster the fall, the stronger you grow and become resilient to future losses. The fear of monetary loss, once mastered and viewed as nothing but an ‘expense’ of your decision making, possesses you with powers unachievable to the average person - Rational decision making, crystal clear thought processes & the ability to identify what went wrong and how to learn from it, without indulging in regret and unproductive sulking over the situation. 

Psychology really is the building block of everything you perceive as achievable in life. Whether it’s a job you desire or a long-term financial goal you wish to attain, obliterating the obstacles that are fabricated by your own mind open up a whole new world to what’s possible and how quickly you can achieve it. Take a simple look back at anything or anybody who is remarkably successful or iconic in the modern-day world and think about how all of it was built and derived from originally. Even if you want to use the excuse of somebody being born into wealth, take a step back and think about that wealth originally and how it came to light, the current generation may have had money but the generation before would have started from absolutely nothing. Skyscrapers started from nothing but a piece of paper and an idea spoken verbally. Once you’ve absorbed this take a step back and identify the current state of the cryptocurrency market; Have financial crashes occurred before? Have earthquakes appeared more than once? Wasn’t there TWO world wars? 

The answer to all of these is a big fat YES. 

Every single devastation in the world or financially whether to yourself or another individual has eventually been recovered and progressed to a higher & stronger level than prior. 

I’ll leave you on a thoughtful note: 

If you were to lose $5,000 right now at this very moment, are you telling me you will never make that much money again for the remainder of your entire life? Exactly. Take those losses like a champ and excel to the next level. The only thing standing between you and your goals, is how you view the possibility of getting there. 


Comments

  • What It Takes To Be A Winner.
    YoungMula says:
    21/09/2018

    This is exactly what it takes to be a winner! Life is a lesson, and experience is the teacher.

  • What It Takes To Be A Winner.
    Chatchai Pongsawang says:
    14/09/2018

    You guys are creating bulletproof minds. I appreciate it πŸ™ŒπŸΎ

  • What It Takes To Be A Winner.
    Aloy Altajer says:
    13/09/2018

    Top of the top i never lose a singel $ in this bear market , the only thing i have done is accumlating as much as i can , for me i watched each utube , artical, insta story ... and noted them all in my mind . No fear in here . If i said thank you i think its not enough thats why your picture is always on the wall of my flat πŸ™πŸ»πŸ™ŒπŸ»πŸ˜Ž.

  • What It Takes To Be A Winner.
    Jose Casilimas says:
    13/09/2018

    Amazing amazing amazing! This is exactly what I needed to read thru this time! Thanks once again!

  • What It Takes To Be A Winner.
    πŸ‡³πŸ‡¬ says:
    13/09/2018

    Great article Toray! I am happy you wrote about this particular topic. I personally think people that bought at ATH and removing their money now actually came into the cryptospace for the wrong reasons or they invested all they had prolly due to β€œfast money”, maybe because their friends made huge money from crypto last year. Understanding the market is key, crashes in cryptospace isn’t new, so why is everyone whining?! I wouldn’t say it didn’t affect me, Infact it affected the big boys in the space like winklevoss, Charlie lee and others. Like you always say, Lambo boys on the internet usually mislead the newbies. Confusing them about bullrun and shit. Fuck it, we are into this for the long run! Let us all ride the wave together! Cheers Boss!

  • What It Takes To Be A Winner.
    Giacomo says:
    13/09/2018

    This was a great and powerful article. Probably the best so far of everythingFX because less technical and more awakening.

  • What It Takes To Be A Winner.
    Daniel says:
    13/09/2018

    From December/January all time highs to 9 months of constant down ward momentum has been quite an experience to say the least, I was lucky to buy in at low prices but I see alot of people bought in at expensive places. The art of dollar cost averaging which is majorly outlined in the course will help peoples mindset to re invest. People who know about my investments say 'why didn't you cash out at all time highs' or 'are you gutted you lost all that' or 'currencies will never reach that high again' I just agree with them, their narrow mindset and lack of knowledge is laughable to me, these people have never invested in their life and are trying to give me advice. I only follow the guidance of myself and the main man who has taught me a lot. I am glad this bear market has happened in my first year of investing, not once have I thought of selling I'm just trying to find ways to buy more! I advise people to buy the course, read all articles and listen to Cryptonary . Anothe

  • What It Takes To Be A Winner.
    Ashpreet Singh says:
    13/09/2018

    Great Motivation Man! Didn't know that you are such a great writer too :)

  • What It Takes To Be A Winner.
    Rasih says:
    13/09/2018

    The best article until now. You rock toray. Cheers

  • What It Takes To Be A Winner.
    Rajinder Mawi says:
    13/09/2018

    Totally spot on,I’m almost 60 % down on my XRP with a fair whack invested do I lose any sleep over it (HELL NO) just been dollar cost averaging,I know what’s gonna come soon so just holding,you’ve definitely hit the nail on the head by saying as an investor you need to experience loses to make you more resilient to being an investor,otherwise you might aswell go stick it in the bank for 1-1.5 % & let someone else use it to make money.Keep up the great work my friend.πŸ™πŸΎπŸ™πŸΎπŸ™πŸΎπŸ‘ŠπŸΎπŸ‘ŠπŸΎπŸ‘ŠπŸΎπŸ‘πŸ½πŸ‘πŸ½πŸ‘πŸ½πŸ‘ŒπŸ½πŸ‘ŒπŸ½πŸ‘ŒπŸ½πŸ€žπŸΎπŸ€žπŸΎπŸ€žπŸΎ.

  • What It Takes To Be A Winner.
    Denny says:
    13/09/2018

    great fucking post

  • What It Takes To Be A Winner.
    Vince says:
    13/09/2018

    This is such a perfect article for this market. Since I'm new to this life I am grateful for the knowledge you have been giving out to us. This will really help me set my mind right and keep adapting to the new mental positions I'm put into because of this market.

  • What It Takes To Be A Winner.
    abdullah says:
    13/09/2018

    Fantastic article, thanks toray for putting in the time to put everything into perspective, I am part of your cryptonary group and the skills and mindset you have equipped me with will stay with me for the remainder of my life. You have mentally equipped me skills that takes a lifetime to learn in a matter of months, can't thank you enough

  • What It Takes To Be A Winner.
    Theo says:
    13/09/2018

    This article might have just changed my life. Thank you

  • What It Takes To Be A Winner.
    Muhammed says:
    13/09/2018

    Now this is something I needed! Thanks so much! I totally agree with this and to the entire team I really want to thank you guys for assisting those who are struggling in the financial markets! Big Ups!

  • What It Takes To Be A Winner.
    Mehran Zarrebini says:
    13/09/2018

    Thanks to @cryptonary .... excellent article! Fear and greed are a trader's worst enemy. Scared money doesn't make money! Avoiding self-sabotage requires skill & discipline. It is often that voice in our head, the "critical voice" that is the most destructive. Avoid self-destructive behaviour and act against that critical voice!!

  • What It Takes To Be A Winner.
    bikram says:
    13/09/2018

    Great read as always!

  • What It Takes To Be A Winner.
    Steven says:
    13/09/2018

    Wow!!!! Una de las mejores notas inspiracionales de astrofx, ahora entiendo que se interpone entre yo y mi libertad financiera. Gracias por subir contenido como este 😍 es de mucho aporte para mi en mi viaje a convertirme en un trader de forex exitoso y disciplinado. Gracias.

  • What It Takes To Be A Winner.
    Christopher says:
    13/09/2018

    "20% mechanics, 80% psychology", Anthony Robbins says. In EVERYTHING we do. Couldn't agree more with what you've written. Good and well explained article Mr. T. As always.

  • What It Takes To Be A Winner.
    Carrington says:
    13/09/2018

    Great article. I follow your account and see you on bitmex when I am trading on their. I recently lost 7k margin trading these past two weeks and this article helps a lot. Anyways thanks for the post!

  • What It Takes To Be A Winner.
    Justin Bell says:
    13/09/2018

    Wow, this article is amazing. I literally made myself a note last night that I wanted to learn more about the psychology and mindset of a successful trader. This is great info.

  • What It Takes To Be A Winner.
    Vaibhav Oberoi says:
    13/09/2018

    Great article. A must must read article for anyone who is trading. Psychology and patience is very important. As always cryptonary articles rock...

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