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3 Day Hammer Stocks
Take Charge of Your
Does it seem as though
your trading is more in control of your life than you control it?
If that is the situation,
then it is time for you to get the upper hand and take control. Many
traders believe they have no power over their trading. You must have
control and that means creating, setting and achieving goals.
New traders think that
they are going to make 40, 50, 60% or more their first year of
trading. It won't happen. But that does not mean that you can't get
there. It is a matter of taking small baby steps and persevering to
reach your goal of successful trading. Let's face it, Michael Jordan
was not born a great basketball player. It was hard work. In fact,
having seen him play as a freshman in college for North Carolina, I
would never guess that he would be a super star.
The answer for increased
profitability may not be "out there" but inside each of us.
Lifepuzzle.com is a web site
about personal growth. Yes, I know this is not an area most stock
traders explore . But it helps a lot of people. I don't know if it
directly helped my trading, but I had one of my most profitable
periods after reading this material.
Life Puzzle, designed by
Ann Kramer is a tool that encourages setting and achieving goals. She
divides "Life" into 16 categories including such areas as thinking,
exercise, recreation, challenges and financial. The general concept is
that each area of our life affect other areas of our life. Any upset
or imbalance in one area can disrupt other areas. Most experienced
traders know that trading during emotionally disturbing times of our
life can lead to distractions and poor financial returns.
Dr Kramer offers some
general advice (which I have adapted for traders):
Keep the whole in mind.
We are physical, emotional and thinking beings. Consider the impact
that your choices will have on your life. And I would add, ask
yourself, especially when your trading seems less than optimal, what
is happening in your life that is impacting on your trading?
Trading and markets are always in flux. Change with the situation.
Learn and grow with the change. If you do, you and your profits will