Hey what’s up Profitlycrew!
Hope you all are finding your way through the massive amount of study material on Profitly. When you get to the point that you have studied everything and not sure where to go next, then number one it’s time to start over one more time, but this Time, you create your trading rules and process while you listen. This time around you actually understand what Tim is saying in the DVDs and video lessons and webinars, so to continue to level up, you need to find ways to become more engaged with your work, study habits and trading habits. Each day you will need to work at creating and solidifying your Trading rules. These rules that you create will HAVE to become your Trading Beliefs. It is important that your trading rules align with your belief system that supports it. You see rules without belief are just words on a paper and doesn’t have energy behind it. However, when you create rules that is supported by a belief system, those rules become a part of who you are, therefore, turning you into the person you want to become or improve on a skill you are working towards. These beliefs will allow you to support and respect your rules that trading outside your rules will mean trading outside your beliefs. And if you can’t even be consistent with your beliefs then I don’t kno what to tell you. Anyway, your beliefs could be something like this, I understand that my account can’t grow when I take in bigger losses than my gains. So you create a rule to support this belief. I will my cut my losses at this “input price” level and that’s it. Overtime you will need to actually live out this belief and rule by seeing it through, then it will allow you to create an energy to support this rule by daily habits of cutting your losses quickly. This rule and belief won’t be able to grow without the support of energy from following through on your belief.
Professionals have a belief system that supports there rules , which allows them to always move forward no matter the mistakes or errors that come bc they believe that over time their belief system will win out. Then that negative energy you may feel from not being where you want to be at, will start to transfer to positive energy bc you are starting to see your beliefs come true. So all this means is that it is important to create trading rules , but just making rules and listing them on a paper isn’t enough for you to actually follow through on those rules. If you truly want to change and level up, you need to support those rules with a belief system that you will Live by. Trading like a professional becomes official is not ONLY from TIME, it is how well can you stay consistent to your beliefs. The reason why time is important though, is bc creating those beliefs require learning the game so you know what to believe in and having the right mentors to guide you will allow you to learn faster bc they can tell you where to focus your energy of support. But we still need to experience those lessons for ourselves so we can create our own energy of support to the rules. Your belief!
well hope you like this read on this Saturday morning. These are the things I think about and wanted to share with all of you. Let me know what you think about and let’s start a conversation. Let’s all continued to grind and study hard to level up!
check me out on Twitter and IG @simonfuture2
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Loved your post today. Puts a whole new spin on trading rules. Thanks
Good advice on the mindset to have when going through all the learning material the second time.
It makes sense and is a bit different angle coming at it. Letting us know we all have flaws along the way, don't give into the negative and keep working on the positive/profitable.
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