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Re: Holding Yourself Accountable
I think a p&l thread could be useful if the community holds eachother accountable. I think the problem most of us are running into is the inability to hold ourselves accountable. So if discuss things with our peers, it can help us a lot. Maybe not to mentor, but to keep us in check. I believe that if you create achievable and measurable goals and you have a true passion for achieving those goals, that you will find a way to accomplish them. Having someone to help give you that extra push can be extremely beneficial. But this could also depend on the personality type, but for someone like myself or Brownsfan I think it would be beneficial.
I could post that I will trade Monday, Tuesday, Wednesday, and Friday. If I don't post on one of those days with my results then I would expect someone to ask me why I didn't trade or didn't post. Eventually if you are motivated enough, you won't want to be asked why you aren't hitting your goals or trading or whatever is blocking you.
Darthtrader - I started using a notebook for my trading. Every night I would write down the numbers I would use as support and resistance before the market established them intraday. Then I would make a to-do list with my critical goals for the week at the top, and my enabler goals at the bottom. This simple method really improved my ability to execute especially with my trading biz. I hold myself to high standards, and if I see a goal sitting there without being accomplished it takes me down a lot. But also having a goal with no path to get there hinders my ability to achieve the goal, which is why I break things down in my notebook. At the bottom of the page, I leave room for notes that I can go through at the end of the day.
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