Enhancing Trader Performance: Overcoming the Fear of Success

David BlairDavid Blair, General Comments, Trader Development, Trading PsychologyLeave a Comment

*****David Blair, The Crosshairs Trader, is a blogger/trader/educator who does a wonderful job of sharing research on elite performance and how it relates to trading. Below is his latest post for the SMB trading community.***** — Editor’s Note

Believe it or not the fear of success could be keeping you from succeeding. But isn’t success what we want? Why would we fear it? Read the following to find out why this little psychological contradiction can have big ramifications.

“Some fears of success are easy to release because they will probably never happen, such as fears of losing it all and becoming a bag lady.” (Hara Marano VIA Psychology Today)

“What if you could actually create the success you say you want in life? Could your fear of success actually get in your way?” (Russell Bishop VIA Huffington Post)

“I realized I had to be willing to fail in order to succeed.” (Jason Barr VIA Dumb Little Man)

“Often while people claim to want to succeed at something, the reality is that the negatives outweigh the positives for them.” (Steve Pavlina)

“The dread of doing well in life is rooted deep in the unconscious.” (Anne B. Fisher VIA CNNMoney)

“One has heard so often in the world out there about fears of failure. It was presented perhaps a decade ago as this revelatory understanding that there is fear of success.” (Lazaris)

“People are coached by their parents and friends to avoid looking like a loser, to do their best, to always be a winner. This need to succeed at all costs makes trading more difficult.” (Thomas Bulkowski VIA The PatternSite)

“All of us are afraid of something. To say or think you are not afraid of anything is self-delusion. Lack of fear is not bravery either. Bravery is being afraid and still following through and taking care of the task at hand.” (Market Sniper VIA Slope of Hope)

David Blair


Related blog posts:
Learning How to Lose
Enhancing Performance With Bias Awareness

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