Skip to main content

Self Control

The man who masters himself is delivered from the force that binds all creatures
-Johann Wolfgang von Goethe

Without self control, enthusiasm resembles the unharnessed lightning of an electrical storm It may strike anywhere; It may destroy life and poverty.

Enthusiasm is the vital quality that arouses you to action, while self control is the balance wheel that directs your action so that it will build up not tear down.

Self control is the ability to direct your thoughts, and this your actions, in the pursuit of your definite chief aim.

To be a person who is "well balance," you must be a person in whom Enthusiasm and self control are equalized.

It is a fact that the majority of our personal grief comes about through lack of self-control.
The holy scriptures are full of admonition in support of self control. They even urge us to love our enemies and to forgive those who injure us.

If you neglect to exercise. Self control, you are not only likely to injure others but you are sure to injure yourself!

The growth of wisdom may be gauged accurately by the decline of ill-temper.
-Friedrich Nietzsche

Luck is not chance it's foil - fortune's expensive smile is earned
-Emily Dickinson

No one can control others unless they first control them self.

Lack of self control is the average salespersons most damaging weakness.

Comments

Popular posts from this blog

Maximizing Your Profits with Scoring

SETTING YOUR MAXIMUM INTRADAY TRADING LOSS First things first: set a max intraday trading loss. There will be days when you just do not have it. Why do you think coaches pull their players when they are not playing well? They are more harmful on the field than off. When you are underperforming, you are hurting your team and your trading business. You need a system to yank yourself over to the bench. A stop loss is your answer. TRADING BASED UPON THE TIME OF DAY A good trader makes note of what time of day it is, when he trades most profitably, and adjusts his trading to fit such times. Your numbers at the end of the month will not reflect your true trading potential. Make the most trades with the most size during the trading periods that statistically are most profitable for you. Money saved during your weaker trading periods is money earned. Consistency The fact is that most trades you make will start working for you right away. But the new traders also hold stocks that are trading ag...

Design Your ideal Mate

The first step in finding and attracting your ideal mate is defining what you want in that person. If you don’t know what you’re looking for, your ideal mate could walk right by you and you might not even notice him or her! By clarifying precisely what you want and reviewing your list each day, you will literally program your unconscious to help you find your ideal person. EXERCISE: Design Your Ideal Mate The Ideal Mate Describe your ideal mate’s traits, habits, qualities, appearance—everything you can think of that would be important to you.  The Mate from Hell If you have a hard time coming up with your “wish list,” start by defining “the mate from hell.” Write about the person you couldn’t stand to be with. What traits would they have? What qualities could you not stand? Attract Your Ideal Mate EXERCISE: Design Your Ideal Mate (continued) What Kind of Person Would You Have to Be to Attract Such a Mate? You need to become the kind of person you would like to find. Describe the va...

Disciplined Trader Chapter 2

The following typical trading errors have a specific cause rooted in a thinking methodology that can be changed. 1. Refusing to define a loss. 2. Not liquidating a losing trade, even after you have acknowledged the trade's potential is greatly diminished. 3. Getting locked into a specific opinion or belief about market direction. From a psychological perspective this is equivalent to trying to control the market with your expectation of what it will do: "I'm right, the market is wrong." 4. Focusing on price and the monetary value of a trade, instead of the potential for the market to move based on its behavior and structure. 5. Revenge-trading as if you were trying get back at the market for what it took away from you. 6. Not reversing your position even when you clearly sense a change in market direction. 7. Not following the rules of the trading system. 8. Planning for a move or feeling one building, but then finding yourself immobilized to hit the bid or of...