No one will kick a Dead Dog. Edward VIII, when he was the prince of wales during his age fourteen attended Dartmouth College in Devonshire. The college corresponds to the Naval academy at Annapolis. One day, one of the naval officers found him crying. The Naval officer asked him what was wrong. He was so concerned that the prince was crying. At first Edward VIII refused to say, later he admitted the truth he was being kicked by the Naval Cadets. The commodore of the college called all the boys and asked what was the reason that the prince was singled out and for this rough treatment ?.
After lot of hesitation among the boys, at last they confessed, when they become commanders and captains in the King's Navy, they wanted to be able to say that they had kicked the King. So, No one will kick a Dead Dog. They felt proud that they kicked the prince for no reason. This is just because they knew Edward is far above them all. When people around us join together to demotivate us and put us down, that is the sign they are giving us indirectly that we are far above them in all means. When we have the determination to achieve something and work towards it everyday sincerely, it will definitely be noticed by people around us. The very next step will be to demotivate us or they will feel pleasant & privileged by embarrassing us.
When we keep ourself busy in what we are doing and moving atleast a single step forward everyday, none of these actions will harm us. It will harm us only when we take these inside our brain and think about it. Infact these situations will give us information on whom to be ignored while reaching our goal. When starting a journey in stock market, specially in country like India, there will be many criticism which investors might come across. We might even feel that we are doing some kind of crime in entering into the stock market and investing world. This is how our system is designed. This is what many people want us to feel & think. This world will try to break that belief.
Inspite of all these criticism, when a person start to invest in stock market, if he / she found a minor loss in the trades during their initial stages, that will lead to further more criticism. Now, it will be further more heavier than the early one. If someone is trying on something new which they can't do or afford, then people will start criticizing and embarrassing. The abundance wealth will be delivered only when a person cross this initial stage. This is a stage where the emotions will be heavily tested. This will create an inner fear without our concern. We need to build the soft skills to overcome all these to achieve great in stock market.
No one will kick the Dead Dog. Avoiding all the noise in stock market is very important. I don't mean only the unnecessary news in the news channels and social medias to be avoided. I also mean the people around us. It is wise to get into a discussion but nothing should touch our emotion and that should not result in taking any position in stocks or indices. If people knew you are bit ahead of them in stock market, they will try all ways to demotivate you and make you feel embarrassed. This is because stock market deals with money and no one hates it. Everyone needs it and more than everything they don't want you to have more than them. This is a real fact on my personal opinion.
It also does not meant that everyone in stock market makes money. More than 90% of people in stock market who trades very actively lose money. It is very important to gain enough knowledge before entering the stock market else there are many people waiting to laugh at the failures. Stock market is not the platform to make easy money. It is a source to make decent money over time.
I wish every reader of this blog understand that No one will kick the Dead Dog. When you are kicked, feel that you are very active and superior to the one who is trying to kick you and move ahead. Let our results speak. Controlling emotions and overcoming fear is the first step to success in stock market, which is followed by continuous learning and patience.
In Financial World, our conviction can be highly rewarded
before which our patience will be heavily tested.
Have a Great Day
B G Nareshkumar
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