The Power of Focus
07/15/2014 6:00 am EST
By focusing all your efforts on a single trading strategy—rather than dabbling in a lot of different ones—you can improve your trading on a consistent basis, says John Locke of SMB Training Blog.
Most traders have no idea of the amount of progress they can make when they focus all their resources on mastering a single style of trading. Controlled focus is like a laser beam that can cut through the biggest challenges that have been blocking the path to your success. When you focus consistently on the improvement of any one trading system, you develop unique distinctions on how to make that system better.
A major reason so few traders achieve the results they desire is that they never concentrate on their power. Instead, they dabble their way through trading trying a little of this and a little of that making no real progress in anything. In fact, I’ve never seen a long-term successful trader who consistently jumps trading systems. In contrast, I’ve seen hundreds of traders become successful by choosing a workable system and then focusing on improving that system until it works for them. It’s time you modeled success. Stop jumping around from system to system and start harnessing the power of laser focus to improve your trading.
By John Locke, Contributor, SMB Training Blog