Friday, December 21, 2018

Info!! The Fine Art Of Getting Better

A savvy trader sent me his trading review for the week.  It wasn't a periodical entry or collection of periodical entries.  It likewise wasn't a mere recitation of his trades in addition to what he made or didn't make.  Rather, what he sent me was genuinely a delineate concern innovation for the week.  He distilled what he needed to improve into 2 basic areas, figured out what he was doing wrong, in addition to outlined the specific things he would live on doing side past times side calendar week to brand an improvement.  

What was interesting was that the things he was looking to improve were non grand overhauls.  They were tweaks inwards things he was already dong well.  But he saw that he could improve in addition to accept to a greater extent than out of the trades he was taking.  In a worthwhile post, James Clear points out that, if y'all tin larn ane per centum ameliorate each twenty-four hr catamenia over the course of pedagogy of a year, you'll current of air upward 37 times ameliorate than when y'all started.  Small changes, consistently implemented, add together upward to large results.

The best destination for most traders is to larn ameliorate at getting better.  Turning a weekly periodical into an actual delineate concern innovation is ane illustration of getting ameliorate at getting better.  Doing to a greater extent than of what plant is a agency of getting better.  Doing less of the things that don't go is yet closed to other agency of getting better.  But the greatest yield comes from turning self improvement into a habit pattern, a continuous process.  Per Deming, it's non simply nigh doing your best.  It's nigh taking a pace dorsum in addition to figuring out what to practice earlier doing your best.

You would never accept a cross dry reason trip without a route map or GPS.  Self-improvement is no less a journey.  Your innovation is your map, your assurance that your travels are taking y'all inwards the correct direction.  Study your losing trades: what is ane matter y'all could practice ameliorate to stalk those losses?  Study your winning trades:  what is ane matter y'all did good that tin live on replicated side past times side week?  Forget large goals.  What is the ane matter y'all tin alter tomorrow?

How tin y'all larn ameliorate at getting better?

Further Reading:  Five Keys to Making Big Life Changes
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