GTOs from Last Week:
GTOs for the current Week:
- Get System put up on the walls Done
- Finish Dux 4th DVD Done
- Finish Dux Youtube Vids Done
- Review Dux Trades In Progress
- Review Wolfs Trades In Progress
- Review Grittani Trades In Progress
- Finish ALL Dux Webinars Not Done ** This is a 30-40hr task
- Start Trading Tickers In Progress
- Refine WoH / GTSetups In Progress
GOALS FOR LAST WEEK:
1) Track Daily Pomodoros and increase it daily until 14+ Pomos/day 5,2,0,10,10. 27 Pomos for the week
2) Finish Dux DVD Completed
3) Start Trading Tickers In Progress. This will come AFTER completing all DUX webinars
4) Refine WoH/GTSetups This is more of a reminder to constantly improve than a goal
TRADING GOALS FOR LAST WEEK:
1) Only F3/Pos Catalyst trades I did not have screen time
2) Monitor all other strategies I did not have screen time
Thoughts:
Mon - Fri, 5,2,0,10,10 Pomos for the week. 27 Total.
I had a hiccup in the middle of the week but bounced back. The weekend was off limits to studying. Coming to the review (which i'm late on doing), I overall felt that I wasted a week. Again, I find myself being too hard on myself, i'm really grateful for tracking my progress and started to do my weekly reviews again. Once I reviewed last weeks post on what GTOs/Goals are, I realized that I was able to knock out the most important items for the week. I'm not where I'd like to be as far as pomos but I am nowhere even near a wasted week which is what I felt. On top of this, this was the first week in Chiang Mai.
Brush up on **Kindness**
I found some sources of frustration from last week and it came from expectations of others. How to juggle other's growth without having too much expectations that makes it counter productive?
Brush up on **Expectations**, **Growth** and how much eustress until it becomes distress?
I had a hiccup in the middle of the week but bounced back. The weekend was off limits to studying. Coming to the review (which i'm late on doing), I overall felt that I wasted a week. Again, I find myself being too hard on myself, i'm really grateful for tracking my progress and started to do my weekly reviews again. Once I reviewed last weeks post on what GTOs/Goals are, I realized that I was able to knock out the most important items for the week. I'm not where I'd like to be as far as pomos but I am nowhere even near a wasted week which is what I felt. On top of this, this was the first week in Chiang Mai.
Brush up on **Kindness**
I found some sources of frustration from last week and it came from expectations of others. How to juggle other's growth without having too much expectations that makes it counter productive?
Brush up on **Expectations**, **Growth** and how much eustress until it becomes distress?
- DUX Webinars
- Check Correlli Clearing for short locates
- Check IB process for short locates
- CHALLENGE Webinars for grittani/dux
GOALS FOR THIS WEEK:
1) Meet a minimum of 8 Pomos/day
1) Track Daily Pomodoros and increase it daily to meet 16 Pomos on Friday
2) Finish DUX Webinars
3) Start Trading Tickers
4) Refine WoH/GTSetups
TRADING GOALS FOR THIS WEEK:
1) Initiate Screen Time / Monitor Progress
2) Only F3/Pos Catalyst trades
3) Monitor all other strategies
PREMEDITATIO MALORUM
DEFINE -------------------------------- PREVENT -------------------------------- REPAIR
1) I get nothing done ------------------ uhh, 50% is showing up --------------- Bounce back the next day
2) I don't wake up early ------------------ Stick to PM Routine --------- Reset and Bounce back nxt day
3) FOMO / Zombie Trading ----- GTSetups / Mindfulness / Small pos size --------- Learning Lessons
WHAT ARE THE BENEFITS OF AN ATTEMPT OR PARTIAL SUCCESS
1) I will gain experience and take Kyzen Trading further into profitability
2) I will wake up early enough for screen time and accomplish more tasks. Doing so will reinforce the positive habits I am trying to embody.
3) Reducing or limiting FOMO / Zombie Trades will limit the drawdowns on my trading capital as well as minimizing emotional rollercoasters.
THE COST OF INACTION
1 MONTH --------------------------------- 6 MONTHS --------------------------------- 3 YEARS
1) I'm stuck where I am ----------- BOREDOM / FUNDS Depleting---------- I'd need a job in the US
2) Slow trading growth -------- Habits control me and not the other way ----------- Mindless meatsack
3) Stuck in mindless trading ---- Frustration increasing / losing money ------ I'd need a job in the US
--------------------------- For Whenever-------------------------------
**** Gamblers think about profits, Traders think about Risk ****
Shifting my attitude/mindset from making money and towards:
1) Risk Management
- Have plan before trade
- Know risk prior to trade
- Know stop loss prior to trade
- Size position accordingly to the stop loss
- ACCEPT RISK !!
2) Managing Emotions
- No more zombie trading
- No more revenge trading
3) Managing Mind
- Regular Meditations
- Objectivity Exercises
Mandatory Weekly Goals....
A) Zero (0) Zombie trades
B) Zero (0) Revenge trades
C) Trade only quality/Go-To-Setups.. (Think retired trader)
** Something I want to do in the future--Watch a stock's price action with NO indicators
Rule: If I have either 1 zombie trade or 1 revenge trade, I will sit out from trading for a mandatory 1 week cooling off. This will be a negative incentive that will turn me off from making those type of trades since almost all my motivation and raison d'être currently is daytrading.
*** ACCEPTANCE ***
*** ACCEPTANCE ***
