Wednesday, June 15, 2016

Four Emotions That can Improve Your Trading Results

 This write up was inspired by one of  Late Jim Rohn's work. Titled "The four Emotions that can change your life". after watching the video, i decided to apply it to my trading . I used it to make some changes to my trading mindset that really impacted  trading results positively.
So today i'm sharing  those ideas with you hoping that it will help you improve on your trading as well. 

Disgust
 

1.    I am disgusted with having to work 9-5 every day 
       with no freedom to go where I want when I want
       with whoever I want.
 

2.    I am disgusted with my previous undisciplined 
       attempts to trading and want to move forward in 
       a more disciplined and business like manner.
 

3.    I am disgusted with being limited by the money 
       I can earn   at my current job.

Decision
 

1.    I have decided to do whatever it takes to become a 
       consistently profitable trader.
 

2.    I’m going to block out all distractions, read more
       trading related books,attend seminars, and connect 
       with people that could help me reach professional
       trading  status a lot faster.
 

3.    I will create a detailed business plan for my 
       Forex trading business.
 

4.    I’ll set goals for myself on how to consistently improve 
       on my trading skills.
 

5.    I’ll check and monitor my progress as I become better.

Desire

1.    I desire to become a consistently profitable trader.
 

2.    I want to prove to myself and others that it is possible 
       to place  trades without making a series of potential 
        execution errors.
3.    I desire to become the best currency trader in the world.
 

4.    I want to inspire others and teach them to become 
        profitable currency traders.
 

5.    I want to live a life where money becomes the least 
       of my worries

Resolve
 

1.    I will do whatever it takes to become consistently 
       profitable in my trading

2.    I will not quit no matter how hard it gets
 

3.    I will develop myself towards becoming better than
       i was the day before.
 

4.    I resolve to learn all that I can from those who
       have become successful in Forex trading
 

5.    I promise myself that I will never give up.

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