Focus is one of the most important part of trading and life. You need to be able to focus or you won’t get anything done.
I teach that people, other than day traders, should only spend 15 minutes a day on their trading. Why? Because they can focus for that long and not much longer. I’ll write more about that later.
Another way to focus is to create a tight schedule and then stick to it. I’m going to propose that you create a 30 Day Challenge for your trading.
Sit down right now and get ready to take some notes.
I want you to create a Challenge for yourself to accomplish in the next 30 days. Let me give you some suggestions:
1. Execute flawlessly for 30 days.
2. Make money every day.
3. Learn something new every day.
4. Talk to another trader every day.
5. Have your equity higher at the end of 30 days than today.
You figure out what you should focus on to make yourself a better trader and a more profitable trader. Have a problem with psychology? Feel fear when you put on a trade? Then give your self 30 days to conquer this problem. Better yet, don’t feel fear every day for 30 days.
This 30 Day Challenge is a great way to make sharp jumps in your trading skill. It creates focus.
To help you, here’s a link to fill out a simple form for your 30 Day Challenge. I don’t want your name or email. You will be anonymous. But filling this form out will be a great way to commit to the 30 Day Challenge.
In 30 days, I’ll write another letter asking for your experience with the 30 Day Challenge.
Click here to fill it out now!
I’ll report back to you what other people are putting down as a 30 Day Challenge so you can get some inspiration for your own 30 Day Challenge!
Here’s the link!