THE RIGHT MINDSET

How you interpret life and your experiences can make the difference between having a winner’s life or a loser’s life. The following attributes make for the right mindset:

  • High expectation—preparing for all contingencies gives winners an edge because they are less likely to dwell on fear. Fear is the number one ingredient in self-sabotage.
  • Overcoming and learning from adversity—gives you the mind muscle to handle draw-downs and changes in the markets. Winners usually enjoy the challenge of overcoming adversity because they are calculated risk takers. A winner will find and learn the lesson and enjoy it as a reward.
  • Following the high road—makes winners enjoy the least-traveled path. Seeking revenge or willing bad things to others, even if they have done you wrong, wastes energy, time, and focus. Winners wish their enemy the best so they can move on and make room for like-minded people.

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