In our next group therapy session, we'll hear from Marcos - an aspiring trader just like you. He's currently working and taking time around work to trade. It's on 2nd Sept, 4:30PM EST. Click here to register for the event. Recordings will go out to registrants.
When I met him, one of his major issues was sticking to his own plan. A common problem - and one that isn't easy to solve. I think partly, different people struggle for different reasons. I also think that once past the issue, it fades away until you can't even remember why it was a problem?
Ok - how about this - can you remember what it was like to not be able to drive? To still be not very good in those first lessons? In concept - I think most people can - but I just don't think the memory is as raw and visceral as when you are there or just after.
So we are striking while the iron is hot. I believe that Marcos is now over this and he now has 2 online trader evaluation accounts that are both a few ticks from being funded. I know his stats too.
What we'll do on Thursday, is talk to someone that has recently got to the other side of that issue. Not someone that got past it a decade ago but someone that is through it recently. That doesn't make him Warren Buffet at this point, but if you are struggling with sticking to plan, this is worth a listen.
After our last discussion this week, I asked if he'd mind in the cause of "paying it forwards" and he didn't hesitate. I proposed a number of questions he'll be asked in the session but I didn't ask for the answers. I'd like to hear them myself for the first time in the session.
The questions are:
When I met him, one of his major issues was sticking to his own plan. A common problem - and one that isn't easy to solve. I think partly, different people struggle for different reasons. I also think that once past the issue, it fades away until you can't even remember why it was a problem?
Huh?
Ok - how about this - can you remember what it was like to not be able to drive? To still be not very good in those first lessons? In concept - I think most people can - but I just don't think the memory is as raw and visceral as when you are there or just after.
So we are striking while the iron is hot. I believe that Marcos is now over this and he now has 2 online trader evaluation accounts that are both a few ticks from being funded. I know his stats too.
What we'll do on Thursday, is talk to someone that has recently got to the other side of that issue. Not someone that got past it a decade ago but someone that is through it recently. That doesn't make him Warren Buffet at this point, but if you are struggling with sticking to plan, this is worth a listen.
After our last discussion this week, I asked if he'd mind in the cause of "paying it forwards" and he didn't hesitate. I proposed a number of questions he'll be asked in the session but I didn't ask for the answers. I'd like to hear them myself for the first time in the session.
The questions are:
- How long were you inconsistent/not to plan?
- How did it impact you personally?
- Did you understand how it was impeding your progress?
- Why did it persist?
- How did you get past it?
- Could you see yourself slipping back?
- What other things (other than having me to call) do you think would help?
- Your thoughts on why others don't get past it?