Deep Focus Trading (Trade like a Pro)
Jul 09, 2023In this modern age, most people have lost their focus to distractions like social media, video games, and 18+ materials.
I myself have fallen into this trap and have struggled to fight against all these temptations since young.
In my teen years, I would play video games until 3 am every day and I would then search for the perfect +18 materials so I can fiddle my noodle before I sleep.
Deep down, I felt shame and insecurity because I have been indulging myself with pleasure and I had no purpose in life.
Your focus is a superpower in this modern world that is filled with distractions.
You need to reclaim your focus if you want to become successful in trading or in anything.
If you can do that you are already ahead of 80% of the people in this world.
Most people don’t even have the attention span to read a short newsletter like this one anymore.
If you can’t even focus on this newsletter, how are you going to be focused when trading?
Whatever you focus on, compounded with time, determines your quality of life.
- If you spend most of your time playing games and watching Netflix, then you are not going to get anywhere in life.
- If you spend most of your time learning and trading, then you can get ahead of your competition.
- You might not see the results right now or even in 6 months. But if you keep going for 5 years or even 10 years, the results will be tremendous
The Impact of Dopamine
Your focus determines the quality of your life so you must focus on the right things.
Whatever you focus on gives you dopamine.
Dopamine is a chemical that makes you feel good.
There are 2 types of dopamine:
- Value gives you Meaningful and Real dopamine
- Distractions give you Cheap Dopamine
For the past few months, I got complacent and took my foot off the pedal, and enjoyed life.
I went out with different girls every weekend and drank alcohol a lot.
Why? Because I wanted to improve my social life since I have spent most of my time working.
I spent a few thousand dollars and felt pointless and meaningless like WTF am I doing with my life?
Then last week I went on a dopamine detox because I found myself mindlessly scrolling TikTok and wasting time on social media instead of building.
When I do work, I would realize that I can’t focus for more than 30mins.
My mind always wanders and I would get distracted whenever I see a new notification on my phone
I told myself I need to get my shit together and reclaim my focus.
I went outside my comfort zone to learn new things.
I started taking boxing seriously and also learn creative writing so I can script my videos better and also write more interesting newsletters.
For the next few weeks, I plan to put my head down and just work on my trading and writing instead of drinking on Fri nights.
We are all in this together.
It is a Friday night as I'm writing this and I am here working on this newsletter instead of getting drunk with girls.
I practice what I preach.
With Hardship comes Ease
Understand that humans are the most happy when they are growing.
Men are the happiest when they are building and working towards something, be it their dream physique or financial freedom
Success comes from productivity.
Productivity comes from following a defined plan.
Following a defined plan comes from having a clear goal.
The main reason why you feel lost and distracted is because you have no clear direction.
You do not know exactly what you need to focus on.
How to Become Successful
Becoming successful is actually not that hard.
It all comes down to 3 steps:
- What is your dream life?
- Ask yourself this question 'What is your dream life?'
- Create a vision of what you want your life to be
- Why are you working so hard for?
- My dream life was to travel anywhere I want, work whenever I want, and have the financial freedom to buy whatever I want.
- What's yours?
- Break down what you need to achieve your dream life into sub-goals
- Set clear and defined long-term goals like 10-year and 5-year goal
- Set goals that are Specific, Measurable, Achievable, Relevant, and Time-Bound
- Visualize yourself reaching these goals every day and you will reach these goals if you believe you can
- Act with purpose every day.
- Align yourself to the mission
- Do something that gets you one step closer to your goal every day
- Do it even when you don't feel like it
- Do the hard things, regardless of how you feel
Life is a Game
Video games are fun because you can level up and earn greater rewards.
View life as a game.
View trading as a game.
View these goals as quests to be completed in a video game.
Level up in life instead of in games
Get to the boss level
How to Focus in this modern era?
- Trade with 1 good trading strategy
- 1 hour of focused trading every day
- 1 day at a time
- Trade with one good trading strategy
There are countless trading strategies out there for you to choose from.
If you go to my YT channel, you will probably see at least 20 trading strategies but most of them are based on either Price Action or Smart Money Concepts
Your job is to find one simple and profitable trading strategy and then stick to it.
At first, you might need to experiment with all the different trading strategies to find out which one works best for you and which one suits your personality the most
Remember less is more
- One hour of focused trading every day
Your energy is finite. Your time is limited.
We all have the same 24 hours but some can complete more in a day.
Being busy is a form of laziness - lazy thinking and indiscriminate action.
Focus on the important few and ignore the rest. Focus on being productive instead of busy
Instead of looking at the charts all day, do it for 1 hour.
During this one hour, only focus on the charts and don't think about anything else
1 hour of uninterrupted and focused work.
After the 1 hour, journal and track your trades
- One day at a time
I know you want to get rich and you want to get rich FAST.
If you want to get rich fast, try gambling at the casino.
If you put in the work right now, you might not see the results in one week or even 1 year.
But if you keep on pushing and continue being disciplined in the markets, eventually the money will come.
It doesn’t matter whether you feel happy or sad.
You must show up every day with the intention to become the best trader.
Consistency is key because it helps you build momentum.
The hardest part is to start.
Once you start, I promise u things will get easier and soon it will become a habit to be disciplined when trading.
Happy Trading,
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