The below Re -post is an old post from 2010/11 New years Resolution I hope it brings you some words of encouragement toward your trading and life in general .
Reflecting on the past year trading performance , One of the main things that comes to mind to sum up 2010 going into 2011 is the word Consistency –
Last January I was feeling Motivated and had set my goals – Fast forward to the end of 2010 and I’m up for the year –
But this is no time for me to be feeling complacent or fall into ones comfort zone –
Its time to start feeling motivated again, and feel happy to take my experience from 2010 and carry it forward into 2011 .
“ CONSISTENCY ” is a word that must always sit in our minds – it is very important because it not only takes you Right out of your Comfort zone it challenges you as well .
That,s what we should all remember, no matter how much our P/L performance is a reflection of our praise and recognition , Just remain consistent in what you do – realize this and your work will continue to show this .
Me and consistency our best friends right now and more or less married because it reminds me to keep on contributing to my goals no matter how good I feel .
I hope to continue my goals as a trader by learning from the market, from other people and from my mistakes on a daily basis including keeping my passion for the lifestyle/Job . So it’s that Time of year once again to hit the reset button with a fresh Renewed respect for the market, humility, determination and a willingness to succeed – All vital traits to uphold and improve on in developing a consistent and successful approach to not only the markets but in life itself .
In closing –
The only thing that stays consistent in the markets are the 95% of people who remain inconsistent .
Remain consistent is EVERYTHING YOU DO .
Wishing you the best for the year ahead.
As for my new 2012 resolution its Refinement .
Refinement: the process of removing impurities or unwanted elements; the improvement of something by the making of small changes
A career in trading is an ongoing refinement process although I constantly look and strive towards this at the end of each daily/weekly debrief process, to review my performance to remove impurities or unwanted elements, and to improve overall profitability.
The transition successfully toward profitable trading is to consciously undertake a process of funneling or refinement to develop a consistently profitable and controlled trading strategy .
So that,s it for 2012 Refinement SMALL but important changes to my trading edge .
PERFECTION IS ACHIEVED, NOT WHEN THERE IS NOTHING MORE TO ADD, BUT WHEN THERE IS NOTHING LEFT TO TAKE AWAY.
The baldy one has spoken – Copyright © 2012 tweeterTrades
Life resolutions New years Resolutions