Tuesday, May 26, 2009

Making the Most of Your Trading Weaknesses

Thanks to the Wall St. Cheat Sheet site for posting personal anecdotes based upon the lessons in the new Daily Trading Coach book.

Here is their take of Lesson Three, which involves making friends with one's weaknesses.

If you are going to coach yourself for success, you have to embrace your shortcomings and view them--not as threats--but as opportunities for growth.

If you are threatened by your weaknesses, you'll tend to avoid thinking about them. That's a great way to ensure a lack of professional development.

If, however, you look at each weakness as a personal challenge to overcome and an opportunity to become more than you are, you will sustain the optimism and motivation to extend your learning curve.