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Sunday
Oct062019

Emini Psychology - The Problem With Message Boards

(QQQ)(SPY)(DIA)(SPX)(GLD)

Are You The Average Of 5 People?

It is said the people we choose to surround ourselves with may have a much bigger influence on our behavior, attitudes and results than you ever imagined. Who you hang out with — what they think, say, and do, may set the course for your life.

In the words of motivational speaker Jim Rohn:

“You are the average of the five people you spend the most time with.”

The people you spend the most time with shape who you are. They determine what conversations dominate your attention. They are the attitudes and behaviors you are regularly exposed to. Eventually you start to think like they think, behave like they behave, and ultimately do what they do.

As Darren Hardy writes in The Compound Effect:

“According to research by social psychologist Dr. David McClelland of Harvard, [the people you habitually associate with] determine as much as 95 percent of your success or failure in life.”

That’s huge.

And it has important consequences.

 

What Does This Have To Do With Emini Trading?

A lot! Aspiring new Traders quickly find out, trading Emini Futures can be a lonely business. Hunger for human contact and more importantly, the desire to become a consistently profitable Emini Trader, leads most Traders at some point to the Message Boards and Chat Rooms. However, instead of what they expect to find (successful Emini Traders), they find the polar opposite.

Consistently profitable Traders have very little time for Emini Message Boards and Chat Rooms. They are either busy Trading, or enjoying life. The successful Trader quickly learns time is a non-renewable resource. As long as you have your health, you can always make more money. Time on the other hand is a much different issue.

Profitable Traders are known for being extremely generous with their profits, but Scrooge-like stingy with their time. That explains part of why there are so few qualified teachers available. It's also why 9 out of 10 new Traders wash out in the first year. Which brings us back to the Boards and Rooms. If successful Traders are scarce, guess who you will find there?

Meet the Angry Trader

Why so angry? Most are desperately trying to find a way to Trade Emini Futures for a Living, and are rapidly running out of both Time, and Treasure. They are quick to share their anger and frustration with any willing ear. Because they've been around awhile, they know the lingo and buzz words, which to an unsophisticated, untrained new Trader, sounds like just what they were looking for. It's more of a wolf in sheep's clothing scenario. Knowing how to "talk the talk", does not mean they've ever walked the walk. 

In some cases the anger may be justified. If you just paid $20K for software, or $30k for training, and you still can't "grab your points" every day as promised, that's bad. However, not everyone there was lied to or misled, some simply don't have the self-discipline to achieve consistent profitability. Not even if you gave them tomorrow's newspaper today. Truth is, without self-discipline, you will never succeed as an Emini Trader. Even if you do posses a will of iron, unless you've been taught how markets work, your shot at consistency is still slim. Remember, it's a documented fact 9 out of 10 new Traders do fail. 

Meet the Solution

Even though each has his own tale of woe, even if it's justifiable, is that really where you want to spend your time? Even if you do pick up a valid tid-bit here and there, is it worth the moaning, and groaning, vitriol and hatred you have to suffer through to get to it? NO!

Misery loves company and failure begets more failure. If Jim Rohn and our Harvard psychologist are correct, by surrounding yourself with failed Traders, you are charting your own course for disaster. You need to find a way to surround yourself with successful Traders. The ones who had a teacher, Emini Traders who will encourage you and lift you up, not rip your dream to shreds.

CFRN offers you the aspiring Emini Trader, just that. A positive environment. A place where you can connect with like minded Traders. Traders who have not only tasted success, but dine on it daily. You won't find doom and gloom, you'll find a place where everyone is treated with dignity and respect. A place you can learn what works, instead of what doesn't.

Make the Switch

If you're serious about building an Emini Trading business, you need to be very careful who you surround yourself with. There is such a place, a place you can call home, and you're invited. Watch the video above, then head over to Telegram. You'll find us here: CFRN BREEZE. Make the switch before it's too late.

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Emini Psychology - The Problem With Message Boards

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