Can we get what we deserve?
The size of our ambitions should match the size of our efforts.
Do you feel you deserve more? Well, we all feel this, for at least few things in our life — money, love, recognition, success or maybe something else. Can you do anything about it? We all dream and dreaming is not at all bad but dreaming without any action is not the right thing to do. Why don’t you have what you dream of? In this article, I will tell you the key to success — the thing which you are missing in your journey of life to be successful.
Understanding the reason
If today you feel you deserve more and you don’t have what you deserve then mostly it is because you are not prepared to have it. The first and important step is to acknowledge the real reason. I am sure in your mind you may have few reasons for not having what you want. — These reasons could be — ‘The circumstances are against me’, ‘the society is against me’, ‘I am not lucky and so on.’ All these reasons can delay your success but if you are persistent enough, factors like these cannot stop you from having what you deserve. Do you want to know the real reason? This may sound rude but the real reason is that you are not making enough effort to make yourself capable to get what you deserve. Let this sink in you before you read further.
A lot of people come and tell me, ‘I always end up losing money in the stock market.’ I always ask them, ‘How much time you invested in understanding the stock market?’
Engineers spend 4 years in college learning different subjects, giving N number of exams to get a job which pays them Rs 40,000 a month. Along with 4 years of their life, they also pay the college fees. Now, when it comes to earning money through the stock market, most people want to make a profit by watching a few videos or taking a few random classes. How can you even expect to be successful in this case? Can you land up with a job in the IT field with a crash course of 2 months? No, you cannot.
What is the key to success?
Be it the stock market or any other professional field, the key to success is increasing your level of capability. Unless you are investing your time and energy in increasing your capability, you should not expect success. Once you have the capability, nothing can stop you. It is a universal law.
Don’t chase after success, chase after capability. If you are capable of anything, then success will be chasing you.
As per the dictionary, “deserve” means “having some specific quality to receive a reward”. This quality is called “Capability”. The magnitude of our success depends upon our level of capability. So the next question is how to build capability? It is an easy 3 step process and everyone who follows these steps can achieve it -
1. Acquire right & specific knowledge — The first and the foremost step is to figure out what you want to learn. Most people are not even aware of what they want to do. Today you may decide to learn Machine Learning, tomorrow you want to be a teacher, and the next day you want to be a trader. This attitude won’t help, it will not take you anywhere. You will end up being more confused. Think about it, what is your interest, what is that keeps you engaged? Once you are sure of it, move to the next step.
2. Execution in live projects— Learning in today’s digital world is not the tough part. There are online courses available for everything, online teachers ready to teach you anything and everything. Most people learn new things and never execute it, and if you don’t execute your learning, you will very soon forget everything that you have learned. The theory is just one part of learning, the real learning happens only through executing the theoretical concepts in live projects. You can learn all about candlesticks in trading but unless you apply it in the real world, it is as good as not learning it.
Swimming can’t be learnt without entering into the water.
3. Skill building- When you focus on execution, you acquire important and specific skill sets. These skill sets you cannot learn by reading books or watching videos. If you have your teacher or trainer with you in the execution stage, the skill-building process becomes much easier and faster. We can have many skills sets of average level but we must try to master some specific skills which we feel affinity with. Such specialization would constantly increase our worth and making us more deserving to achieve our dreams and goal.
Such practical learning is not a destination but a continuous journey.
I am sure after reading this article, you will acknowledge that the only thing between what you have and what you deserve is your capability and nothing else.
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Prem Sinha is a lifelong passionate learner and enthusiast of Share market since 2003. He also guides other traders in their trading journey since 2010 through quality training programs & live trading clubs and mentoring traders to reduce their learning curve.
His major areas of expertise are Price action based Technical analysis, Options strategies based on Option Greeks, customized Option strategies, Option trades management and Option portfolio management. He & his team have also explored and adopted some scientific techniques to handle psychological aspects of trading.
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