Two men are walking through a forest.  Suddenly, they see a tiger in the distance, running towards them.  They turn and start running away.  But then one of them stops, takes some running shoes from his bag, and starts putting them on.

“What are you doing?” says the other man.  “Do you think you will run faster than the tiger with those?”

“I don’t have to run faster than the tiger,” he says.  “I just have to run faster than you.”

 

Secret of this guy’s financial success

I met this dealer from a local broker last year. He was 50 years old and doing quite well. He and I got along and after some questions, he shared with me the secret of his financial success.

As a dealer, his income depended on the volume his clients traded. Indirectly that depended on the number of clients he had. He wasn’t the most outstanding dealer at the broker he said but he was successful because he had the most number of clients.

Why? I asked.

Each time someone left the job, his employer distributed that person’s clients to remaining dealers. By staying very long on the job, this dealer not only acquired new clients through his own effort but also picked up those that belonged to peers who dropped out. The longer he stayed, the more clients he took over.

 

Stamina is a success factor too

What is the moral of the story? I guess many of us who are driven to succeed wished we were as gifted as Steve Jobs or has a sharp acumen like Ma Yun but the fact is most of us just don’t qualify as best of the best. The alternative route to take? Make sure you have more stamina than the other guy.

Quitting is not an option. If you agree with me, share this with your friends.

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Soh Tiong Hum is Director of TerraSeeds Market Technician Pte Ltd. TerraSeeds is a trading educator in Singapore since 2005. Soh Tiong Hum is a member and regular speaker at Technical Analysts Society Singapore events and has a bi-monthly lunch time event at IG Singapore on forex and stock markets. He is an avid blogger on technical analysis topics; his Twitter account @sohtionghum was ranked #23 out of The Top 70 Twitter Accounts To Follow In 2015 by MahiFX. Come find Tiong Hum on Google+