http://www.thestockbandit.net/2006/05/16/eyes-on-prize/ Trading blog with trading insights, discussion on swing trading, day trading, and trading psychology. Thu, 21 Aug 2008 18:41:26 +0000 http://wordpress.org/?v=2.0.9 http://www.thestockbandit.net/2006/05/16/eyes-on-prize/#comment-1349 Wed, 09 Aug 2006 22:22:05 +0000 http://www.thestockbandit.net/2006/05/16/eyes-on-prize/#comment-1349 [...] Secondly, overcoming your trading giants is always much easier when you set trading goals. Keeping your eyes on the prize will narrow your focus to what you’re looking to achieve, rather than what you’re hoping to avoid. If I said “don’t think of an orange,” you would almost certainly have a crystal clear image of one in your head. But, if I said “replace that orange with an apple,” you’d be able to think of a Washington Red Delicious instead of that beaming Florida Sunkist. They’re complete opposites. That’s why you must replace your doubts with specific goals. [...] […] Secondly, overcoming your trading giants is always much easier when you set trading goals. Keeping your eyes on the prize will narrow your focus to what you’re looking to achieve, rather than what you’re hoping to avoid. If I said “don’t think of an orange,” you would almost certainly have a crystal clear image of one in your head. But, if I said “replace that orange with an apple,” you’d be able to think of a Washington Red Delicious instead of that beaming Florida Sunkist. They’re complete opposites. That’s why you must replace your doubts with specific goals. […]

]]> http://www.thestockbandit.net/2006/05/16/eyes-on-prize/#comment-301 Thu, 18 May 2006 14:34:58 +0000 http://www.thestockbandit.net/2006/05/16/eyes-on-prize/#comment-301 [...] Eyes on the Prize – Goals are the heart of our expectations, but the groundwork needed to be put down before we tackled this topic. Having a target to aim for is imperative in any endeavor, and trading is the same way. Goals will allow you to measure your progress and stay on course as you strive to reach them. When setting goals for your trading, be realistic, be willing to adjust, include your emotions, monitor your progress, and most importantly put your written goals where you will see them. Your trading goals will keep you on track and motivate you to grow your abilities as well as your trading account! [...] […] Eyes on the Prize – Goals are the heart of our expectations, but the groundwork needed to be put down before we tackled this topic. Having a target to aim for is imperative in any endeavor, and trading is the same way. Goals will allow you to measure your progress and stay on course as you strive to reach them. When setting goals for your trading, be realistic, be willing to adjust, include your emotions, monitor your progress, and most importantly put your written goals where you will see them. Your trading goals will keep you on track and motivate you to grow your abilities as well as your trading account! […]

]]>