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- You wont make it in trading if you keep doing this.
You wont make it in trading if you keep doing this.
With this letter to you, I want to pick your brain a bit and tell you about the things I struggled with on my journey to becoming a trader.
Becoming profitable in trading is the hardest thing you can do simply because it’s not only you trying to learn how to trade and facing the challenges of developing a model.
EVERYTHING in your life affects your trading.
Bad diet you will suck, bad mental you will suck, people bringing you down you will suck, you not believing it you will suck….
I have said this multiple times:
“If you aren’t the best at everything you do you will fall flat in anything you do”
Simply said if all of the other areas in your life are lacking your trading will be worse because it WILL weigh you down.
Procrastination will also be your problem. I will do it tomorrow, there are so many resources to learn I can wait a bit, I don’t feel like it, let me not do this today I’ll do it on Friday. Don’t leave anything for tomorrow.
If you read this and skipped over it and didn’t write it down or thought of “Fuck it ill do it after reading this” didn’t cross your mind I have very very bad news.
If you’re stagnant and not moving forward you will get fucked by life so hard you’re not even aware.
Talking to much
“Speaking it into existence” is real. But it’s different to telling everyone you’ll trade and you’ll do something. When you tell your family you will become profitable or do something trading you end up either 1) not doing it because you get complacent 2) going crazy because everyone asks you how trading is going and you blew your account
When you talk you have to do it as well.. Actions speak louder than words after all
You have to set yourself up for success
Do the right things in your day.
You always have time. Replay your whole day at the end of the day with a journal of your whole day. See what times of day you were literally doing fuckall..
No time to work out or no $$ for gym? You have 10 seconds in your day to do 10 pushups. you have 30 seconds over your day to do 30..