The relationship between Sports Trading and self-confidence

Did you ever think about how being a Trader is linked to having confidence in yourself?

Throughout my Sports Trading career, I didn’t pay much attention to this aspect until I realised that strong self-confidence had a huge impact on my performance.

What is self-confidence?

Self-confidence, for me, is the trust in my ability to learn, take a lesson from my mistakes, correct them, and achieve the goal I’ve set for myself.
As I wrote in the article “It All Starts with Your Beliefs“, I noticed how often my performance was somehow conditioned by self-limiting beliefs until the moment I discovered how these beliefs can be removed and overwritten by empowering beliefs.

That’s why one of the first beliefs I established in my mind is: I always achieve my goals.

 How did I firmly believe in this empowering statement?

I simply analyzed my history and the results achieved with lucidity, breadth of vision, and objectivity. For me, data is everything, an undeniable truth.

• The dream to live by the sea. Achieved.
• The aim of having 80% of my time free. Achieved.
• The goal for my businesses to run independently. Achieved.
• The plan to get back to my ideal weight from when I was in my 20s. Achieved.

And the list continues. This clear and rational view of my abilities was crucial in creating that strong empowering belief (“I always achieve my goals”). This mindset empowers me to maintain unwavering self-confidence, enabling me to navigate through challenging times, regardless of temporary setbacks.

It’s important to note: this is not about deeming oneself flawless. Quite the opposite. I view perfectionism as an adversary to be challenged. 

Embracing mistakes: an important step

Over time, I’ve learned to embrace mistakes, treat them as valuable lessons. On the other hand, self-confidence gives me the certainty to fully exploit the experience gained from those mistakes.

Maintaining high self-confidence is, therefore, a very important factor for productivity. I adhere to three fundamental yet profound principles:

1. I always assess my results broadly, celebrating successes and learning from failures, ensuring every achievement gets its due recognition.
2. I scrutinize, nurture, and protect my beliefs, ensuring they remain positive and empowering. This isn’t a passive process; it’s an active defense of the values that propel me forward and enhance my personal and professional life.
3. I pay little heed to the judgments of others; my self-confidence is solely contingent upon the esteem I hold for myself. I strive to maintain an internal validation that steers clear of the all-too-common chase for external approval.

Unfortunately, the cultural context that teaches us to keep a low profile and encourages a sense of guilt makes maintaining high self-esteem increasingly difficult.

However, I believe that to achieve high-level results, it is an essential factor to work on.