Trading on Target: How to Cultivate a Winner's State of Mind

SACRIFICE

It is important to balance the activities in your life to keep from sabotaging your trading results. Achieving the balance that allows you to concentrate time and energy to reach your goals will require that you sacrifice some of your activities. To achieve your goals, you need to gain the cooperation and support of your family and friends. Ask them to provide you with the encouragement that you need to achieve these goals. Make sure the people in your life understand that holidays and other special occasions that take time away from your trading day may initially have to be sacrificed to reach your goals. It is important that everyone understands this reality because it prevents you from feeling guilty when you have to say “No” at some time.

Ask people in your life if they will sign an agreement to provide the kind of support that you need to become a trader. Later, when they are trying to be time-grabbers, you can remind them of their signed agreement and let them know how you appreciate their consideration in helping you reach your goals.