1. Control = Take Responsibility. You can't control the world, but you can control how you react to it. The only thing you have complete control over is you. When you take responsibility, you take control.
2. Direction & Drive = Identify your Goal (direction) & Explain why you want it (drive). Everyone needs purpose.
3. Guide = Create a Plan of Action. The goal can be infinitely complex, but the steps you create to achieve it should be easy to understand and achieve.
4. Action & Fear = Action your plan, even failure is progress. If you don’t move you can’t progress, it doesn't matter if movement results in failure because you are practising, learning and creating good habits.
5. Progress = Achievements and Problems. Personal Failure only occurs when you fail to execute your plan. External failure = is not your fault. The fix for both is 1. Take Responsibility.
6. Psychology = maintain a healthy mind. Be positive = Affirmations = be grateful = Gratitude , have focus = 9 steps
7. Physiology = Maintain a healthy body. Your physiology can affect your psychology. Get enough sleep, eat well, hydrate, walk am&pm, do vigorous exercise.
8. Communicate = Commitment, Help and Inspiration. Inform the world of the new you.
Thanks for following me :) It's nice to find another blogger on trading. I always try and search but most people use blogger for pictures of their kids or vacations ahahah.
ReplyDeleteI hope you don't give up this blog.
sKratch1989
Hi sKratch1989, Thanks for the message.
ReplyDeleteMy pleasure, always on the lookout for trading blogs too. As you say a rare thing! They're usually someone trying to sell you something or as you say posts about their boring kids!:)
Although I use this in-conjunction with my trading, this blog is just for my psychology. I struggled for a long time with my mind set in trading, working on this blog has really helped my progress. I do update it from time to time, as and when I learn new things, but usually just amend a post rather than write a new one. I like it being just 9 steps as I can work through breakdowns methodically and figure out where the problem is quickly. You might want to check out my tradejournal blog for more regular updates.
Enjoying your blogs too, I look forward to seeing your progress.
Best wishes
George