Brian here and a few days ago you got to see how the 3rd step to Independence through trading saves you tons of time and misdirected effort.
Today you’ll see how that same
3rd step also gives you another HUGE edge in your pursuit of successful trading.
You see, time is definitely money and the faster you can get through the stage where you’re trying to get your trading developed and self-sustaining, obviously the better you’re off financially.
It only makes sense.
Now there are two sides to accelerating your arrival in the promised land of trading.
The other day we discussed just one – what you can do to avoid wasted time, money and effort.
The same action also has another benefit that gives you a solid advantage in this accleration.
First it helps you with the ‘what NOT to do’.
Just as important is the ‘what TO do’.
The mistake many traders make is just kind of jumping into trading, thinking that they can figure it all out as they go.
BIG MISTAKE.
While trading is fairly straightforward as occupations go, it is none the less a real profession.
You have to know what to avoid, but even if you avoid many costly detours, you still have to make sure that you are doing all the right things too.
Mistake avoidance is NOT a complete map to the treasure.
Success in trading involves more than simply avoiding mistakes and “staying disciplined”.
There’s more to it than that.
A proper plan makes sure that you cover BOTH: The “Do’s” and the “Don’ts”.
To find out more about how to PROPERLY treat your trading as a business, and fill in the missing pieces for your trading Business Plan,
Cheers
Brian
P.S. If you missed the previous messages about the steps to independence through trading, check them out on my blog,
Step #2 to independence – Determining which of the 3 groups you are in
Step #3 to independence – Accelerating Your Arrival – part 1