The Obstacle is the Way

Traders need obstacles that they can overcome and thrive on them more than ever. Obstacles that will help turn their problems on their head.
Subjected to these pressures great traders are transformed.

My job as a trader is to be there tomorrow. To be here to take advantage of the trade tomorrow. That means to get out of my losers when I’m wrong and ride my winners. I’ve learned how to take things a lot easier and slower, and learnt the right time to step on the pedal.

“Objective judgement now at this very moment” – Marcus Aurelius

Trading has forced me to not get lazy or comfortable and to seek new ways to learn from people who have achieved success in ways that I yet havent; often in unfamilar and initially uncomfortable settings. As with any business that’s being prepared for exponential growth, there is a lot of foundational work that needs to get done, building good routines and habits, implementing systems and processes, and adjusting the operating model to become more flexible. This work is a bit like rebuilding a plane mid-flight, and I’d like to complete it without crashing so that we can focus on scaling Trade4Real next year.

What are you avoiding just because you know the answer is painful?

Trade while never making way for the possibility of feeling defeated by losses.

Great traders inspire me for two reasons:

  1. Their self-motivation and ability to push themselves to learn and evolve, often without any incentive or anyone else pushing them;
  2. Their resilient mindset of dealing with failure, reasling it is not final, nor fatal.

The obstacle is the way. The breakthrough of the enlightenment. Prove yourself worthy. This philosophical approach is the driving force of self-made men who have great responsibility. Learning to turn those obstacles upside down. That struggle is the one constant in all traders’ lives.

Whatever we face we have a choice; will we be blocked by obstacles or will we advance through and over them. The world is constantly testing us and asks are you worthy? Can you get past the things that inevitably will get in your way? Will you stand up and show us what your made off?

Plenty of people have answered this question in the affirmative and a rare breed still have shown that they don’t have just have what it takes, but thrive and rally at every such challenge, and the challenge makes them better than they never had faced the adversity at all. Now it’s your turn to see if your one of them. If you’ll join their company.

This thing in front of you, this issue, this obstacle, this frustrating and unfortunate problematic unexpected problem preventing you from doing what you want to do. That thing you dread or secretly hope will never happen. What if it wasn’t so bad? What if imbedded inside it were inherent in it certain benefits, benefits only for you. What would you do? What do you think most people would do? Probably what they have always done and what you are doing right now. Nothing.

Let’s be honest most of us are paralyzed. Whatever our individual goals most of us sit frozen before the many obstacles that lay ahead of us. I wish It weren’t true but it is. What blocks us is clear.

The individual too short, too old, too scared, too poor, too stressed, no backers, no confidence. How skilled we are at categorising at what holds us back. Every obstacle is unique to each of us but the responses they illict are the same. Fear, frustration, confusion, helplessnes, depression, anger.

You know what you want to do, but it feels like an invisible enemy has you boxed in, having you repeat the same mistakes over and over again. You try to get somewhere but something invariably blocks the path. Following and thwarting each move you make. You just have enough freedom to feel like you can move, just enough to feel like its your fault, when you can’t seem to follow through or gain momentum. Only one thing is at fault here, that is our attitude and approach. Don’t blame anyone or anything else.

There have been countless lessons for and about success. But no one taught us how to overcome failure. How to think about obstacles. How to triumph over them and so we are stuck, beset on all sides. Many of us are disoriented, reactive and torn. We have no idea what to do.

On the other hand not everyone is paralyzed. We watch in awe as some seem to turn the very obstacles which sting us into launching pads for themselves. How do they do that, what’s the secret?

It’s simple. We are missing a method and framework for appreciating and understanding and acting upon the obstacles life throws at us.

For John D. Rockefeller it was cool headedness and self-discipline. For me it’s a relentless drive to improve myself through action and practice. Whilst embracing humility, endurance and compassionate will.

What happens to businesses in tumultuous times –

Bad companies are destroyed by crisis. Good companies survive them. Great companies are improved by them.

Andrew Grove – former CEO of Intel

Great traders like great companies find ways to transform obstacles into strength. It’s rather an amazing and touching feat. They took what should have held them back. What in fact might be holding you back right now and used it to move forward.

As it turns out this is the one thing all great men and women in history have in common. Like oxygen to a fire, obstacles became fuel for the blaze that was their ambition. Nothing could stop them, they were and continue to be impossible to discourage or contain.

Every impediment seems to make the inferno within them burn with greater ferocity.

They had the ability to see obstacles for what they were. The ingenuity to tackle them and the will to endure a world mostly beyond their comprehension and control.

Let’s be honest most of the time we do not find ourselves in horrible situations we must simply endure. Rather we face some minor disadvantage or get stuck with some less than favorable conditions. Or we’re trying really hard to do something and we find ourselves outmatched, stretched or out of ideas. Well the same logic applies, turn it around, find out some benefit. Use it as fuel. It’s simple, but of course not easy.

This post is about helping me accomplish the very specific and urgent goal we all share – overcoming obstacles. Mental obstacles, physical obstacles, emotional obstacles, perceived obstacles. We face them everyday and our society is collectively paralyzed by this.

If all this post does is make facing and dismantling such stumbling blocks a little easier, it will be enough.

But my aim is higher. I want to show you the way, to turn every obstacle into an advantage.

I want to teach you how to get unstuck, unfucked and unleashed. To turn the many negative situations, we encounter in our lives into positive ones. Or at least snatch whatever benefit we can from them. To steal good fortune from misfortune. It’s not just to think this isn’t so bad. No, it’s to will yourself to see this must be good, an opportunity to gain a new foothold, move forward, or to go in a better direction.

Not be positive, but learn to be ceaselessly creative and opportunistic. Not, this is not so bad, but I can make this good. It has and is being done every day. That’s the power we want to unlock.

The obstacle in the path becomes the path. Never forget with every obstacle is an opportunity to improve our condition. Seize obstacles as an opportunity. There is a way. When we meet with our own adversary, we can turn it to our advantage based on their example.

All great victories be they in politics, business, art or seduction involved resolving vexing problems with a potent cocktail of creativity, focus and daring.

When you have a goal, obstacles are actually teaching you to get where you want to go. Carving you a path.

The things which hurt, instruct.

Benjamin Franklin
It’s not what you know, it’s what you do consistently.
Writing is a tool for me. There are huge benefits to writing, even if no one, myself included ever reads what I wrote. In other words, the process matters more than the product.

Today most of our obstacles are internal not external. Instead of opposing enemies we have internal tension, frustration. We have unmet expectations. We have learned helplessness. And we still have the same overwhelming emotions humans have always had. Grief, pain and loss.

Many of our problems come because of having too much. Abundance can be its own obstacle as many people can attest.

Traders need obstacles that they can overcome and thrive on these more than ever. Obstacles that will help turn our problems on their head.

Obstacles are not only to be expected but embraced. The obstacles are actually opportunities to test ourselves, try new things and ultimately triumph.

The obstacle is the way.

Trading is 80% behaviour and only 20% knowledge.

Overcoming obstacles is a discipline of 3 steps. It begins at how we look at our specific problem, our attitude and approach. Then the energy and creativity with which we break them down and turn them into opportunities.

Finally, the maintenance and cultivation of an inner will that allows us to handle defeat and difficulty.

It’s three interconnected, interdependent, fluidly contingent disciplines.

Perception. Action and the Will.

It’s a simple process, again, never easy.

Discover how to create new openings whenever a door is shut.

Learn how to handle common obstacles.

If we can control the guy in the mirror, we can make a lot of money.

Control your emotions – rule over yourself. Consider biofeedback techniques.

This is an opportunity to change your life forever.

Whenever you feel anxiety as a result of a bad trade coming on, say to yourself. I am not going to die from this. Do I need to freak out about this? No, because I practiced for this situation and I can control myself.

Or, No, because I caught myself and I am able to realize that it doesn’t add anything constructive.

In a calm state: think – perceive and act.

Doing the right thing is a muscle that needs to be developed and muscles are developed by tension, by lifting and holding.

It is so much better to see things as they truly are, not as we’ve made them in our minds. Objectivity means removing you, the subjective part from the equation. Just think what happens when we give others advice. Their problems are crystal clear, the solutions obvious. Something that’s present when we deal with our own obstacles, is always missing when we hear other people’s problems. The baggage. With other people we can be objective. We take the situation at face value and immediately set out to help our friend solve it, selfishly and stupidly we save the pity and the sense and persecution and complaints for our own lives.

Take your situation and pretend it is not happening to you. Pretend that it is not important, it doesn’t matter. How much easier would it be for you to know what to do?

How much more quickly and dispassionately could you size up the scenario and its options, you could write it off, treat it calmly. Think of all the ways someone could solve a specific problem. It’s an exercise which means that it takes repetition. The more you try it the better you will get at it. The more skilled you get for seeing things for what they are, the more perception will work for you rather than against you.

Man does not simply exist but decides what his existence will be, what he will become the next moment. By the same token every human has the freedom to change at any instance – Viktor Frankl

I am hoping that my journaling and sharing my experience will help other traders continue the battle to be long term profitable traders. We have to be around traders that help us see what we sometimes don’t. That can help us in and through their knoweldge and experience. Be on guard for that 1 bad trade.

Be objective with yourself. Know where your wrong before you get in.

As traders we need to focus on our strengths and really accept our weaknesses for what they are and try to work on them.

My weakness is that I am an overtrader by nature. However, I now have guidelines for my trades, that help me stay within my lane. I try my best not to overtrade anymore. Your job as a trader is to be there tomorrow. Not to make money today, but to make money with the right trades. So you need to survive.

Don’t put yourself out of business – don’t steal from your future.

Everybody should know how to manage their capital so they don’t blow accounts. If you know how to properly manage your positions you will never blow another account again, ever.

Capital preservation is the most important aspect of how I trade, whilst still opening myself to opportunity, I try and position myself so I can maximise my profits. As a trader I am paid to react during the day. I am not paid to think.

Successful traders NEVER stop growing, evolving, changing. We are all in a state of being and becoming. I have to choose everyday to get better. To grow and nourish my mind, body and soul.

If we are not on top of our game physically, emotionally, spiritually then we cannot make necessary adjustments to our trade and position management. Another reason to have a mentor.

If you let yourself off the hook in your daily routines, you will let yourself off the hook in your trading. TRUTH.

My daily routines are VIP in my trading. My routines become good habits. Good habits give me the best chance to grind it out. Good routines, habits and embracing the grind give me a chance to be here tomorrow. Tomorrow may be that big set up I have waited for. Be there for it!

Traders are fighting the same fight every day. No matter how wealthy or how long we have been trading, we ALL are working to be better traders daily. The day we think we have it all figured out is the day when the spiral begins. Be vigilant. Develop good habits and stick to them.

Consistency is the result of a care free ojbective state of mind.

Risk | Forex | Psychology - Trading is primarily a behavioral exercise; understand your behavior and your more likely to be a successful trader.

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