February 17, 2011

Women Are More Successful Than Men When Trading In The Stock Market. Why?
Posted: Dec 07, 2010

The majority of trading markets are made up of men. This is easily understandable since market most times are thought like an emotion provider for all these men that are not used to live in a regulated society. But, it is the women who have a better chance at the stocks markets and numbers prove that. If a woman does go to the market, she probably is not searching for a roller coaster of emotions and risky tactics; she is probably worried about her money, just the way you should be.

It won’t sound common sense, but many traders go to the market searching for an escape route from their boring lives. No one can succeed like that. No one can succeed when they are already starting with the wrong foot. The stock market is not meant to please or to spice up your life; the stock market is made for investors and traders that are willing to profit from it. Emotionless. The more you bring from your life to the chair when going for trades, the more likely you won’t succeed in becoming a prosperous trader.

When aspiring on becoming a profitable trader, you must realize that you need a full life balance in order. Your mental awareness and state will directly affect your ability to trade. If you are constantly worrying about how you will pay your bills at the end of the month, these emotions will probably pass onto your trades without you even realizing it. That also happens to people who try to trade in the market for the sake of fun. This can’t and it won’t work.

That is why women succeed the most in the stock market: they don’t chase emotions on it. Women really invest, opposite to many men that are really proud on taking risks and making huge gambles. Becoming a lucrative investor is all about minimizing the risks as much as possible and developing a complete disregard for money when trading. You must act almost like a robot when facing that scary blinking screen; if you don’t, you probably won’t last long enough to tell the story.

(ArticlesBase SC #3803936)


Finding your bliss in life

January 14, 2011

Imagine; there are two lawyers. One became a lawyer because other people told him that it’s a prestigious and respected profession with lots of opportunity to make good money. The other became a lawyer because of his zealous interest in legal matters. Money or prestige was never a concern to him. Who do you think will standout in their career and have a fulfilling life?

If you want to succeed in your career choice and live a fulfilling life, you first need to find out what you love to do, something that you don’t mind doing 24 hours/day, seven days/week and 365 days/year! In fact, the only way to be the best in something is to be totally passionate to the extent of being totally obsessed with it. Obsessed is when you breathe, eat and sleep with it in mind every single day of your life.

Your heart, mind, body and soul must be in it! You would even be willing to do it free since money is no longer a consideration. In fact, you would even be willing to pay to get the opportunity to do what you love. The reason why it’s so important to do the things you love is that you will find that life is no longer mundane. Life becomes fun, pleasurable and joyful. You are no longer working just for the money. Even if you don’t make much money initially, you will not mind it because you will be having fun while working. Work becomes play.

When you are doing things that you are not truly passionate about, how can you ever hope to succeed if you don’t give your 100%? When you are doing things you love, your inherent advantage will be far superior compared to others as you will be willing to give your 100% and more. To succeed in life, you will need all the advantages as you possibly can get hold of.

The ‘Why’ and ‘What’
Once you have identified your bliss, you then need to know the ‘Why’ (or the purpose) behind your ‘What’.

If scuba diving is your hobby, then ask yourself why you love it.

Are you doing it because most of your friends are into it and you enjoy their company, or are you doing it because you have a higher purpose?

Let’s assume that you love scuba diving because you appreciate nature and wildlife, and at the same time, you want to save marine life and make a difference to the environment.

Let’s assume a few months later, a new craze such as sky diving comes and all your friends suddenly abandon scuba for sky diving.

Do you think you will be following the crowd? In your case, it’s highly unlikely since you have a higher purpose compared to others.
It’s extremely important to find out the real reasons or your true purpose behind the things you love to do. This will ensure that you do not get blown away when the wind changes direction suddenly.

Sadly, many people don’t make any progress in life since they are not firmly rooted to a goal or passion. You need to focus. If you chase two rabbits, both will escape. It will also motivate you to keep going when things don’t go your way, which often happens. Instead of giving up, you will stick to your chosen paths and find a way to make it work.
From ‘Why’ to ‘Wow’
Knowing your ‘Why’ is not good enough. It’s just a beginning. Your ultimate goal is to find your individual ‘Wow’.
WOW = Doing Things You Love
Making Lots of Money
Getting Lots of Appreciation
all at the time!
When you listen to interviews of top-notch movie stars, most will admit that they feel blessed and they can’t believe that people are willing to pay them millions of dollars. The goose-bumps they get at their movie premieres when thousands of fans scream their name and “I Love You”, is their wow factor.
For example, Warren Buffett, Bill Gates or Tiger Woods have found their wow factors. If they wish, they can stop working for the rest of their lives. They still continue working because it’s no longer work to them. They are having too much fun in the process. Making money is not the primary motivator for them. Being the best in what they do and being able to do what they love is what drives them.

When it comes to property investments, it’s also important to find out your ‘Why’ and ultimately your ‘Wow’. Many people invest in properties for a variety of reasons. Many do so to develop passive income, enjoy capital appreciation, to achieve financial independence and ultimately freedom so that they can quit their jobs, spend more time with their families and so on. On a more personal level, I met someone in Penang who told me that he bought his first zero-money-down property after reading my book. He even bought another copy of my book so that he could have my autograph on it! For me, that was my wow factor.