Choose Your Friends Wisely

A Plastic Bucket Holding Freshly Caught Sea Crabs.

A Plastic Bucket Holding Freshly Caught Sea Crabs.The highest treason a crab can commit is to make a leap for the rim of the bucket. – Steven Pressfield

Because the Resistance lives and works inside everyone, any attempt to fight it will likely be misunderstood by the people closest to you. As these people struggle with their own forms of Resistance, they will resent the fact that you are winning the battle against yours.

The people closest to you will unknowingly attempt to sabotage any attempt you make to outwit the Resistance.

It won’t be intentional. They just won’t be able to help themselves. They’ll tell you all about how things are different now, and how much they miss the good old days.

This influence from friends and family can affect traders in terms of both discipline and confidence.

You will be tempted to skip out on doing your regular homework so that you can spend time with the people who are trying to sabotage your trading. You’ll catch yourself saying things like “just this one time” or “nothing really happened in the market this week anyways.”

You will also begin to doubt your ability to trade successfully. Without ever bothering to learn anything about your approach, your friends and family will attempt to convince you that you are going to fail simply because they have never succeeded in trading. This type of negative attitude becomes a self-fulfilling prophecy for a trader.

The best way to fight the Resistance in its attempt to pit your friends and family against you is to surround yourself with people who are actively fighting their own resistance. Having regular conversations with people who are succeeding despite the Resistance is the best way to keep your own Resistance from acquiring allies in the form of the people in your life.