The sports greats bring much to instruct us most success inwards whatsoever functioning domain, including trading. Here are iii things nosotros tin plough over the sack acquire from baseball game legend Ted Williams:
1) Believe inwards Yourself - Williams broke into the major leagues amongst a brash confidence that turned off many people. When he was sent to the nipper leagues, he informed the Red Sox's starting outfielders that he would endure dorsum in addition to would brand to a greater extent than coin than the iii of them pose together. We alive upwards to our deepest icon of ourselves; Williams experienced himself every bit a non bad talent long earlier the basis recognized his hitting genius.
2) Work Hard, Work Smart - Williams treated hitting every bit a science in addition to learned his batting average for pitches placed inwards whatsoever given purpose of the strike zone. That enabled him to await for expert pitches in addition to play to his strengths. How like that is to trading, where the successful trader waits for the trades that furnish an objective edge. "Proper thinking is 50% of effective hitting," Williams asserted, emphasizing the importance of doing homework to acquire the ins in addition to outs of each opposing pitcher.
3) Seek Success, Don't Just Avoid Failure - In 1941, Williams went into the terminal game of the flavour amongst a batting average of .3996. His motorbus knew it would endure rounded to .400 in addition to offered to bench Williams to save his average. Williams insisted on playing, went half-dozen for 8 inwards a doubleheader, in addition to finished the twelvemonth amongst a historic .406 average. Recently I worked amongst a trader who was upwards past times a rattling company v figures like shooting fish in a barrel inwards the session. He saw an persuasion at the goal of the day, pose on size, in addition to meaningfully added to his day. He was driven past times a wish for success, non simply an avoidance of loss.
So many of the qualities I encounter inwards non bad traders are exemplified past times Williams. Great things hap when confidence leads to science building, which leads to greater confidence.
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