Saturday, April 04, 2009

Musings on Overcoming Procrastination

Here is a little segment from Lesson 44 from the new Daily Trading Coach book:

"One of the first enemies to tackle in self-coaching is procrastination. We procrastinate when we know we need to change, but cannot summon and sustain a sense of urgency. In that situation, procrastination itself becomes the pattern we must battle, as it robs us of the power to change our lives" (p. 143).

Could it be that we fail to motivate ourselves because of how we talk to ourselves about the outcomes of our actions?

If we try to motivate ourselves with fear-based messages and threats of negative outcomes, will another part of us push back?

If we set wildly positive goals, will another part of us feel overwhelmed and withdraw?

Perhaps procrastination is a kind of motivational gridlock, in which we talk to ourselves based on one set of needs, unwittingly setting in motion a countervailing set of needs.

If those parts of ourselves--those differing needs--could communicate with each other, perhaps there would be no gridlock. There would be congruence between our perceptions and our motivations.

More to come.


GS751 said...

Do you read my Mind? Jeeze, ur nuts. I've been contemplating doing homework for my "history of western civilization class" since I woke up too day. Then I see this post on ur twitter updates.

Matthew C. said...

I love the psychological insights you have.

I'm not sure if I like them best for the help in trading, or for general use throughout my life.

IDkit aka Ana said...


The word 'Procrastination' - it is what as a child I was bombarded with with the addition 'Don't procrastinate, do it now!' boomed my late father.

These words still haunt me till this day, and explain why I cannot rest until I finish whatever needs to be done, especially my emails.

So overcoming 'procrastination' has never been my problem in all that I do.

The other side of the coin is I could jump the gun ....

Stephane Belanger said...

Please tell me more....

procol said...

Hate to say it ,but many suffer from this syndrome.

Years ago, I quipped, I was meaning to join the Procrastinators Club, but I keep putting it off.

Boaz.T said...

i wanted to add a nice quote -" A warrior must focus his attention on the link between
himself and his death. Without remorse or sadness or worrying, he
must focus his attention on the fact that he does not have time and
let his acts flow accordingly. He must let each of his acts be his
last battle on earth. Only under those conditions will his acts
have their rightful power"