Jun

1

 Embracing discomfort can lead to good results. This excellent TED talk talks about going beyond the comfort zone to achieve results for adventure photographers.

Trading can be uncomfortable even though you can have a passion for it. Embracing the discomfort gets one through the difficult times of uncertainty. Having been there, having experience is key.

Some of the speclist exchanges can be uncomfortable, but help to weed out chaff and mumbo and improve thinking and reveal more about the writers than they might intend. The adversarial legal system is very uncomfortable, but can, and historically has, led to better results through honing in on the truth. Most cannot handle it and criticize it, but it is their weakness. Same with markets. There's no place for weakness.


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3 Comments so far

  1. Russell on June 1, 2016 7:05 pm

    Embracing discomfort and challenging yourself are quite important approaches in therapy. Social Anxiety therapy a good example of embracing discomfort by exposing yourself to the scenarios which create psychological and physical anxiety symptoms. Overtime by repeated exposure these psychological and physical anxiety symptoms really will reduce to an acceptable level, honest.
    Feel the Fear and do it anyway !

  2. Matt Davio on June 10, 2016 9:37 pm

    Without pain there truly is no gain In this business. I expect a trade I start to go against
    Me every time and the small % that work right away makes me unhappily happy as I’m not a person who likes to place entire position on my opening nor am a trader who enjoys pulling entire position or trade off in one fell swoop. I enjoy the build up and break down of a trade. Auction theory has taught me the natural flow of this process does come win a little discomfort and some pain. One must learn These feelings by living them.

    I love the process ! Embrace it.

    Matt

  3. Will Walter on June 13, 2016 5:47 pm

    Jim,
    People in general are looking for change after the last 8 years of stagnant economic growth, debt growth and the Clinton’s antics starting with White Water in the 1990s. I am not embracing this type of discomfort. Europe has their own currency problems so I would surmise their is a desire to keep the British Pound strong. The challenge is to keep economically competitive and offer incentives in the USA and GB to keep jobs and manufacturing in their home countries.
    Give me a call if your in the NYC area.
    Will Walter

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