Friday, July 17, 2015

CC homework - Intro

Qn 1 - What are the 3 main blocks for my successful trading

1. Trading on emotion - trade on people tips, revenge trading(including anger why I follow keep losing )

2. Not doing my trade journal

3. Not doing trading plan and follow strictly



Qn 2 -What do I see as my main challenges for consistent performance

1. Ego and wanting to "force " market to go my way

(Think Donovan ang)

2. Not cutting loss when wrong.. see my crude oil, Aeropostale etc

3. Laziness to do trade journal



Qn 3. What are the mistakes I see myself repeat over and over again?

1. Not cutting loss (Aeropostale, Baba, ABL)
2. Shifting my stop loss down (think Crude oil)
3. Waste my free time on LFC instead of improving myself or doing important but not urgent tasks (E. G. Study PMP)
4. Procrastinate and eventually not updating my trade journal
5. Jumping from one strategy to another.


Qn 4. What is the primary reason why you are here now

1. To learn about my brain and neuroplasticity

2. To learn and build my winning trading mindset and positive psychology

3. To grow stronger emotionally and spiritually through trading and winning


Qn 5 - What would a successful trader mean to you?

1. Ability to conquer ones demons and attain detachment emotionally and spiritually

2. Lifetime and lifelong skill for financial survival


Qn 6 - What will it give me?

1. Finally after losing so many years and spending so much time and effort, all are well worth it

2. I will gain growth emotionally and spiritually

3. Financial Abdundance to create more Abundance in my life and my family and friends


Qn 7 -How will I feel when I achieved this?

1. Happiness
2. Relax and calmness
3. Joy in life
4. Freedom and lightness
5. Satisfaction in my life