10 RULES THAT I HAVE LEARN SO THAT I WON’T FAIL IN MY TRADING JOURNEY.
RULE 1: Self Discipline starts with finding your purpose
- Why you decided to be a Trader?
- What are your objectives?
- Stick to it and your purpose will be achieved.
RULE 2: Count on Yourself
- Your state of mind during trading is extremely important
- No emotion when it comes to trade
- Or else your Self-Discipline can never be achieved
RULE 3: Practice Voluntary Hardship
- Practice , Practice and Practice all the strategies that you have learn
- Mastery is a critical part of hardship
- Consistently back testing your Strategies
RULE 4: Practice the Power of Your Mind
- Start with an end in mind – SUCCESS
- Being distress can de-rail you
- Re-Inforce what you believe when you first wanting to be a trader
RULE 5: Never play the Victim
- Do your trading without complaining – accept failure if you have made a mistake
- Stay away from self – pity
- Never de-rail your belief system
RULE 6: Show up everyday
- Be discipline with your time management as a Trader
- Don’t trade any hour and any time – trade at the right time and at the right moment
- Put in the hours of hardwork
RULE 7: Practice Delayed Gratification
- Don’t expect immediate results – be patient and be consistent
- Ants, Bees, and all creatures are doing what they are suppose to do and they survive and if they fail they die, likewise with you as a Trader.
RULE 8: Ignore Negative People
- Ignore them and follow your drill that you have learn and produce mastery
- Step out of the Norm
- Their views are not Important for your success as a Trader
RULE 9: Find Wise People to Emulate
- Look out for Wise changes
- Look out for people who always wants to improve
RULE 10: Honestly Review your day
- Scrutinise yourself and improve
- Gather all your weekly trades and find out why you succeed and why you failed
- Be strict with yourself
I am Stoic Philosophy believer and I do believe the systems that Stoic teaches – I have applied to my life and is working great for me. Join us for 3 Days FREE Stocks & Forex class – call me Sharon @ 09199104104
Article by : SHARON