New York, NY (PRWEB) May 10, 2014
What do the following people have in common: the boyfriend who dumps his supportive girlfriend; the newly promoted manager who totally forgets the habits and practices that helped propel him up the corporate ladder; and the trader who makes a major killing on a specific trade and then squanders his winnings by making haphazard trades afterwards?
In its latest blog post entitled "Have You Got A Secret Passion... For Failure?" The Binary Options Experts details how people from various walks in life, from the office worker to the investor looking to make money binary options promise, succumb to their secret passion for failure.
"I call this the Prosperity Rejection Reflex (PRR). It’s a reflex because it happens without your conscious control. Unless your subconscious accepts your prosperity, you’ll reject it," explains Duane Cunningham, VP for Global Operations for The Binary Options Experts.
PRR is noticeable among gamblers who flush down the drain their big earnings simply because they do not know when to quit. However, Cunningham notes that this penchant for self-sabotage is quite common even among traders, from seasoned investors who do not have the discipline to step back from making trades after hitting the jackpot, to rookie traders who barely have the slightest idea what is binary options trading.
"We often see that after a few big wins, their ego inflates to the size of the Goodyear blimp. It’s terrifying to watch. The ensuing carnage is predictable, but comes as a shock to the PRR victim," adds Cunningham.
Another curious trait these people all share is their rejection of the warnings given to them by the people around them, which is the same as their subconscious’ rejection of their success.
Cunningham cautions traders to protect themselves against these people.
"PRR is like an infectious disease. Hang around someone who is experiencing it for too long and you’ll start to think like them. Protect your mind-set at all costs," he concludes.
To read the full post and find other helpful tips, news and concepts, log on to The Binary Options Experts' website and learn what are binary options.