Tuesday, 24 January 2012

Psychology Of Winning by Bud Maxwell

Of all the legendary sports figures, golf's Tiger Woods often is the first who comes to mind when you think of the psychology of winning. But the mindset of a winner goes far beyond the sporting fields of competition; rather, it extends to personal relationships, family and career. Much of winning is a mental game, a preparedness by design, a blueprint preplanned in your mind.

Be Prepared

    • The old adage that "nice guys finish last" is likely just that--an old adage. Most experts claim that being prepared is your best bet for success. Preparedness comes in many different forms. An athlete prepares his body for competition by training, a student prepares her mind for an examination by studying and a police officer by intense training. When one's body and mind are properly prepared, the psychological effect of becoming a winner is greatly enhanced.

    Losing is a Part of Winning

    • In order to learn how to become a winner, you also must learn how to lose. Valuable lessons can be learned by losing. It is important to remember that losing is not an indictment of your inability; rather, it should be viewed as a learning tool used to improve your skills. The act of losing can be made positive by managing future emotions and analyzing poor performance.

    Goal Setting

    • Most psychologists believe it is difficult, if not nearly impossible, to win without first establishing a distinct set of goals. Your goals, however, must be achievable and not beyond reasonable expectations. Developing goals, your blueprint for success, is the first step to winning.

    Creating a Vision

    • Just as important as establishing a realistic set of goals is envisioning success. If a person cannot envision being a winner, he never will. As a whole, most people find it less stressful to "not lose" than to win. To most people, losing is easier than winning. Winning is a complex process that involves preparation, training, dedication and goals, a formula that often is beyond the capacity of many. Those who have the ability to envision themselves as winners become just that with preparation and dedication.

    Fear of Winning

    • If you have never won, winning means redefining yourself. For most, it is simply easier to remain the same person you've always been rather than become someone whom others will hold in high regard, envy and even criticize.
      In order to become a winner, you must prepare, create goals, develop a vision and act. Simply put, believing that it is just as easy to win as to lose and following a blueprint for success will go a long way to achieving your winning goal, whether it be in sports, family or career.


Mark said...

Hey Jason

Thanks for posting mate.

You know that I believe that managing our own psycholgy is probably the single most important skill that we need to learn to be successful punters/traders/Speculators.

So to me reading and absorbing these sorts articles is one of he best value investments, in terms of time, that we can make.

Keep up the great work mate.


HCE said...

Hi Mark,

Yes, I thought it was to the point but very relevant. I, too, believe that we need to have a winner's path in mind. It's like finding an oasis in the desert, that map makes the journey possible rather than forlorn.


Neil said...

Good stuff, Jason.

Losing being part of winning is especially pertinent.

I've mentioned this before, but until you lose some serious dough due to not following "the rules" correctly, you don't fully appreciate them.

HCE said...

I thought it was a useful article. The appreciation of losing to learn how to win is very important. As I have said many times, you don't just wake up one day, pick up a racing paper and become a professional gambler. Quite often, a loss can dramatically alter a bad habit or re-focus the mind.