These processes seem simple enough, maybe even intuitive, yet
they are probably not as intuitive as one might believe. Positive think-
ing is something that takes practice.
I cannot emphasize strongly enough how important the power of
positive thinking has been in my own trading career. It has allowed
me to take every fi asco that has happened in the market place and
convert it into a learning experience. I tell myself that what has hap-
pened occurred for a reason; then, I must fi nd a way to convert, just
as in a sport. Consider the tennis player who goes on a losing streak
during a match and drops six games in a row. Things are looking
rather bleak to the spectators. However, the player manages to pull
off a winning shot or a killer serve. And sometimes the other player
makes an unforced error. Top athletes will seize one small victory and
convert that momentum to their favor. This happens in team sports
as well, such as football, where a turnover provides a new burst of
momentum that carries the formerly losing team to a win.