I first started coaching professional traders several years ago.<\/p>\n
Back then, I was obsessed with cracking the code on trading.<\/p>\n
It was obvious that trading was something really difficult to master, and I wouldn’t rest until I figured out why.<\/p>\n
After countless hours of research and in-depth coaching sessions with dozens of traders, I had finally figured out an important part of the equation…<\/p>\n
I realized that what makes trading so hard is very similar to why so many people struggle with losing weight or quitting smoking.<\/p>\n
All these activities require an extraordinary amount of discipline. And most folks struggle with discipline.<\/p>\n
Things that require discipline tend to be hard and uncomfortable. And they often involve delayed gratification.<\/p>\n
In other words, both trading and losing weight require a massive upfront commitment of energy, while the results take quite some time to see.<\/p>\n
This just isn’t a deal that most people are willing to accept. Most people want quick results with as little effort as possible.<\/p>\n
That’s why the few that are willing to put in the time and effort, and are ready to embrace the grind, will rise above the many that aren’t.<\/p>\n
I know this sounds harsh, but it’s simply the truth.<\/p>\n
The good news is that I’ve come up with a few tricks that can help traders figure this all out.<\/p>\n
My best tip is for traders to treat trading the same way they would a performance sport.<\/p>\n
High-performing athletes tend to stick to a routine. They usually go to sleep at a certain hour, eat certain foods, and train at certain times of the day every day.<\/p>\n
Good trading shouldn’t be all that different. Of course, you don’t have to maintain the same strict diet as a professional athlete, but the concepts are very similar.<\/p>\n
For example, I tend to go to sleep at the same time every day. This makes getting up early much easier. I also look at the market at the same hours every day.<\/p>\n
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