While I'm working on this project, I have time to watch you tube videos and I've noticed something. All the motivational type speakers all advocate taking "massive action" toward your dreams. I mean I love Tony Robbins stuff and he's the most vocal advocate of taking massive action out there. The whole idea is to connect your emotions to your actions. I agree with this in principal and with most types of businesses. However, there is a disconnect in my opinion.
How do you take massive action in trading? I mean, emotions can kill your account. I know you cannot eliminate emotions from trading and I'm not searching for a way to do this but honestly, what does "massive action" mean to a trader? I'm open to comments and suggestions.
No trades last two days for me either. Monday I was super sick with a stomach bug and today I overslept as a result of not sleeping yesterday from the stomach bug.
I could just be channeling my essential problem, but to me massive action means TAKE THE RISK.
ReplyDeleteI am not afraid of risk, I am afraid of staying in the risk too long....to my detriment....
DeleteMassive action >> other phrases that can be used > action is louder than words, action as "icebreaker", action turn dream to reality.
ReplyDeleteHowever, this massive action more suitable for biznes that has clear workflow , ceRtain biz models. On the other hand, trading is more about selling and buying risks, thriving in unceRtainty. Optimal, persistent action is required in trading, not the massive one :)
You might be right on this.....
DeleteTo me, massive action is creating a process and following it through thick and thin. Once you have that, then it means recording your efforts in a radical way in order to see things differently and find ways to systematically improve.
ReplyDeleteI might try this radical way thing.....I'll give it some thought....I have an idea....I'll discuss it more later.
Deletemassive action for trading means watch *all* webinares at BM archive, study all the good traders on there.
ReplyDeleteAs it turns out, I have watched many of them and in fact, I am the featured speaker on one of those webinars. That does not mean I am a good trader, just that I was a speaker at one time.....
DeleteThank you for that....it was exactly what I needed. I will work on it this weekend. The minute I saw the MAP, I knew it was the connection I was looking for. Re channeling emotions....brilliant. Talk soon....
ReplyDelete