Monday, December 05, 2016

The Path of Persistence

Here's a great exercise:

Review your trading journal and/or your written goals and plans over the past several months.

How many items appear repeatedly, over many days per week and over many weeks?

Change is rarely instantaneous.  Enduring change requires repetition.  Repetition requires persistence.  

If your notes and journal entries don't have items you work on repeatedly, over time, then you're simply logging one good intention after another.  The path of least persistence rarely is the path to success.

And if you're not persisting in keeping a journal, setting goals and plans, and chronicling your progress and learning?

We don't win by persisting at trading.

We win by persisting at working on our trading.

Further Reading:  How Ordinary Traders Become Extraordinary