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Posted 05-24-2008 at 02:59 PM by idaxtrader
Author: Trader VY
Have you ever heard the phrase, repetition is the mother of learning? It holds true for anything you intend to achieve in your life. Although we cant remember when we were learning to walk, most of us didn’t get it the first time. Actually none of us achieved it the first time. It was through the repetition of falling and picking ourselves up that we began to walk on our own. How about the name you have, do you think you would know your name if your parents only told you once? No way! It was through repetition of hearing your name over and over that began to make you pay attention.
Trading is the exact same. It takes repetition to become a consistently successful trader. Not only does it take repetition, but its applying strategies and tactics that work day in and day out. You want to make sure you applying effective strategies to build repetition to generate consistent success. So many traders apply different systems too soon and don’t allow the proper time to tweak and build a winning system over time. The definition of insanity is doing the same thing and expecting a different result.
If you think about a wall street trader, professional athlete, or actor. They all have one thing in common, they are all unconsciously competent. They have taken the right strategies, the right tactics and instilled them into the power center part of our brains, the unconscious mind. The part of our brains that controls 96-98% of our perception and behaviour. This is why professional athletes can make playing sports looks so easy. All of their bodies actions are automatic and in sync with their thoughts. This is the primary reason there are so few consistently successful traders. These trader haven’t found a way to have their bodies actions correlate with their desired thoughts or outcomes. Once you have your mindset in sync with your trading edge and apply the right strategies day in and day out, I guarantee you will to achieve consistent trading results. Repetition is the key to becoming an expert to anything in life. It’s not about doing the five thousand things twelve times, its about doing the twelve things five thousand times.
Have you ever heard the phrase, repetition is the mother of learning? It holds true for anything you intend to achieve in your life. Although we cant remember when we were learning to walk, most of us didn’t get it the first time. Actually none of us achieved it the first time. It was through the repetition of falling and picking ourselves up that we began to walk on our own. How about the name you have, do you think you would know your name if your parents only told you once? No way! It was through repetition of hearing your name over and over that began to make you pay attention.
Trading is the exact same. It takes repetition to become a consistently successful trader. Not only does it take repetition, but its applying strategies and tactics that work day in and day out. You want to make sure you applying effective strategies to build repetition to generate consistent success. So many traders apply different systems too soon and don’t allow the proper time to tweak and build a winning system over time. The definition of insanity is doing the same thing and expecting a different result.
If you think about a wall street trader, professional athlete, or actor. They all have one thing in common, they are all unconsciously competent. They have taken the right strategies, the right tactics and instilled them into the power center part of our brains, the unconscious mind. The part of our brains that controls 96-98% of our perception and behaviour. This is why professional athletes can make playing sports looks so easy. All of their bodies actions are automatic and in sync with their thoughts. This is the primary reason there are so few consistently successful traders. These trader haven’t found a way to have their bodies actions correlate with their desired thoughts or outcomes. Once you have your mindset in sync with your trading edge and apply the right strategies day in and day out, I guarantee you will to achieve consistent trading results. Repetition is the key to becoming an expert to anything in life. It’s not about doing the five thousand things twelve times, its about doing the twelve things five thousand times.
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