Dodging Bullets 4-4
(excerpts in this series were taken from the book "The 4-Hour Work Week"Â By Timothy Ferris)
"Uncovering Fear Disguised as Optimism"
"There's no difference between a pessimist who says, 'Oh, it's hopeless, so don't bother doing anything,' and an optimist who says, 'Don't bother doing anything, it's going to
turn out fine anyway.'Â Either way, nothing happens."
"Fear comes in many forms, and we usually don't call it by its four-letter name. Fear itself is quite fear-inducing. Most intelligent people in the world dress it up as something else:
optimistic denial.
Most who avoid quitting their jobs entertain the thought that their course will improve with time or increase in income. This seems valid and is a tempting hallucination when a job is boring or
uninspiring instead of pure hell. Pure Hell forces action, but anything less can be endured with enough clever rationalization. Do you really think it will improve or is it wishful
thinking and an excuse for inaction? If you were confident in improvement, would you really be questioning things so? Generally not. This is fear of the unknown disguised as optimism.
*Note we are not implying that you should quit your job without a sound exit strategy. In fact, keeping a job while growing your trading career is the best move in our minds. You can use the
J.O.B. as a tool to accelerate your situation. So quitting does not need to happen until you are financially sound and capable to transition to a full time trader. Remember we are not talking
about taking backwards steps here.
So, work into your plan of attack how you will use the job to meet your obligations. Work towards paying off debts to increase your freedom, Focus on the entire financial picture. It is
all connected. Seriously, you can trade part time and make really good money. But it is a riskier investment than your 9-5 job. So take care and caution to preserve your stability.
GOOD TRADING