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I know one trader who feels a growing tension within himself when he is winning. He consciously knows that he is not specifically stealing from another trader just because he is winning. He consciously knows he needs to create wealth for himself and his family. And yet, in the back of his mind, he feels he is taking from others when he wins and he feels bad about it. As he starts to give it back, he begins to feel a kind of relief. This trader has the limited pie theory of abundance: he believes there's not enough for everyone; therefore, why should he have more than the bare minimum?
Several years ago I worked with a floor trader who was averaging $5,000 a day trading. He wanted to make $10,000. It looked like an easy task to me. If you can make $5,000, you can make $10,000. Unfortunately, this trader valued himself at $5,000. That was what his father had made before him. He learned that he had the right to grow beyond his self imposed limitations.
When I mentioned this situation to a colleague of mine, she said, "Ruth, that's a disgusting desire for money! That's not ecological! I replied, "That's why it's a good thing that I'm the one who's working with traders. I'll always help a person get thinner, or healthier, or wealthier." Always check out the values of your trading mentor or coach.
In my next column, I'll be exploring beliefs that support wealth creation. Until then, ask yourself, "Is there anything I believe that is getting in the way of creating and sustaining wealth?" There are certain ideas and thought viruses that can cost you money all your life.
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