Why should a day trader bother maintaining a commercial calendar?
How important is it?
Very few unsuccessful day traders keep a trading diary but who successfully. A commercial calendar keeps you accountable and helps to make the conscious alignment with your senses, making more consciously aware of the unconscious and automatic things you can do. Helps to realise these unconscious things does not work for you, and things that you serve your negotiation and help your success.
The about autopilot is most beneficial when you have created habits successful trader. Until then only your current habits will continue to acquire more than you already have. A commercial calendar will help you create habits successful trader.
When you hold a trademark your calendar begin to convince your mind senses that you are trading as business not just a hobby.
The discipline of daily entries in your calendar will help you with a disciplined approach to trading. It also gives you a framework for continuous improvement.
You will begin to see patterns in your trading day, retaining a branded calendar, and this allows you to evaluate what works for you and what doesn't. This means that you can make more informed decisions and this will help refine and fine tune your trading plan to do more than work and adjust what isn't.
You should review your transaction log on a regular basis and the end of the day before setting negotiated goals for the next day is the first period review. Then, at the end of the week before you start the new week and then monthly. It is particularly important for trader day to see what happens when the hectic pace of the trading day is over.
I want to have some key questions to ask yourself these review periods, such as:
What things worked?
What worked well?
Patterns, what can I see emerging?
I notice any changes when I stress under non-commercial?
What stuff happens when you deviated by trading my plan?
Even if I've lost money in certain occupations, did I still stick to my plan?
One of the other areas of your calendar is goal setting.
This would include short, medium and long term goals for all areas of your life. Your specific commercial objectives will be the key in the area of wealth, but also need to know what else you want in your life. If you are clear about the ' why ' of your goals and then the ' how ' will be easy.
Dream big and make your goals a stretch in the long run if your goals short term continues to be a straight, but somewhat more feasible, then you will prove your senses as you can get to the next level and be ready to step up and get to the next level.
The intention is to ensure daily use is as productive as it can be to write some things feel is holding you back. An example is:
"Today is my intention to completely focus and stick with trading my plan."
Use your trade calendar to set the intention at the beginning of each day, and keep track of your level of success your trade skill increases and evolves.
Karen Oates is a seasoned options trader and mindset coach who excels at helping traders who understand themselves and the stock market using a simple ' keep ' trading plan and the mind tools of success through mastery of attitude, focus, attitudes, beliefs and strategies.
Karen has been certified as a:
Master NLP practitioner
Master Coach results
Performance Advisor
Specialize in subconscious reprogramming for advanced and Master hypnosis
Discover how you can use the best tools and techniques to become a successful trader you want!
http://www.outofmymindtrading.com/
http://karenoates.WordPress.com/
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