What is Your Main Drive – Pleasure or Fear?

Posted by Deb | Day Trading Journey | Monday 24 February 2014 10:03 pm

A friend told me this story: He was driving back home very late, or actually very early in morning – around 2AM. In the middle of the way, he saw a deer running up to the side of the highway and just stopping there – staring in his direction. The deer was about 1/2 mile ahead of him, as he was going about 65 mph, so he had only seconds to react. Thinking quickly, my friend flashed his high beams at the deer. Luckily, he turned and ran back into the woods almost immediately.

As my friend was telling me this story, we were wondering what he could have done if that deer had darted out in front of the car instead of turning back. Luckily, we didn’t have to find out.

We tried to figure out: Why did he turn back instead of darting across the highway in front of the car? Did the flashing high beams make him sense danger and move or was it the sound of approaching car that made him turn back? I suppose we don’t have any way to know.

Anyway, this brings me to the point of this rant: In a lot of ways we are like that deer.

Sometimes we run away from things that we fear instead of moving towards things we want and it’s often difficult to figure out what motivates us to do the things we do.

I heard once a lecturer who argued that the successful people are those who are mostly motivated by the pursuit of pleasure rather than pain. In trading, I know that being constantly afraid of losing is the worst thing. You will end up closing all your successful trades to early, and won’t be able to make any profit. You have to be somewhat afraid of pain so that you will be careful, but letting that be your main dirve will lead to failure.

Many people are motivated by pain or fear: Fear of not having any money, fear of losing the money they have, fear of not having enough money to pay their bills or send their kids off to college, fear of losing their place in society.

What’s your motivation?

Many people are driven by some bad memory of failure. This failure takes possession of their thoughts and hopes, and doesn’t let them motivate themselves for success. The fear of failure is so big, that they repeat it again and again.

How much of what we do is being influenced by of some kind event in our lives that sucked or other people?

Someone once told me: “If you don’t take charge of your life there are lots of other people who will be happy to do it for you.”

Don’t be that person. Take charge of your life. Move yourself toward self-directed behavior.

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