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Trading Psychology: Structures In Your Trading

A while back i heard a notion that I’ve found very helpful and I wanted to share it with you

I’d been going through a goal setting workshop and the question came up right after we set our goals, to consider what structures we could put in place to virtually guarantee that we’d meet them

I found this interesting because ‘structures’ can include different things, all of which actually do reinforce the likelihood of achieving the objective

Structures refers to things like:

  • commitments
  • habits
  • mental and physical routines
  • interactions with other people
  • self-checks
  • tools like apps for your phone or computer

So for your trading, what are your goals and what structures can you put in place that will virtually guarantee your success?

Do you have an accountability partner?

Have you sought out the training for skills you currently lack?

Do you have a written bedtime and morning routines?

Have you gotten clear on your goals and the timelines to reach them?
Reviewing the structures you currently have in place and then considering what others are needed is something you can do for free and can to today.

Either do it now or schedule a time on your calendar when you will attend to this important matter.  It will go a long way toward making your success both easier and more likely

Hope this helps!

Cheers

Brian McAboy
“The Consistency Coach”
Host of the “Consistent Profits Podcast
“Focus on consistency first, because when you have consistency, profit is easy”

P.S.  Whenever you’re ready, here are 4 ways I can help you make more money and more consistently with your trading

1.  Grab a free copy of my latest ebook

In it you’ll discover the 3 specific hidden obstacles keeping you from enjoying consistent that you are currently NOT aware of, and what you need to fix the problems so you can get on with consistency and profit in your trading –  click here

2.  Check out the “The Science of Consistency Applied to Trading”

This is the recording of a masterclass I did a while back that shows you how to take advantage of the success secret being used in other industries – and how you can use it in your trading to maximize profits and peace of mind – click here

3.  Get my personal help with your trading

If you’re tired of going it alone and you’d like my help with your trading, especially consistency, book a call with me by clicking here









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HYPOTHETICAL PERFORMANCE DISCLOSURE:
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses is material points, which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program, which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect trading results. Testimonials appearing on this website may not be representative of other clients or customers and is not a guarantee of future performance or success.