We are halfway through our September series focused on helping traders get better every day. We've covered the importance of preparation. We've taken a look at some funded traders (Brian from Brisbane and Daniel from Arizona) and shared insights about how they've found success.
And through it all, we've tried to show how challenging trading is, that's why we pointed out how "Bond King" Bill Gross made an amateur trading mistake this year that cost his investors $150+ million.
If you've been following along — and we hope you have — hopefully you've incorporated some of these ideas into your trading. But if you're working to make change, you are going to need a community.
That means you should join our private Facebook group. Here's why.
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This is a continuation of our month-long series on how to get better trading every day. For complete access to this series, go to https://blog.topsteptrader.com/topic/september-trading-insights.
Changing bad habits is hard.
We all know how hard it can be. And if you have any bad trading habits (HINT: you do because we all do), then you are going to face frustrations, challenges and setbacks. That's OK. Again, we are all about making incremental change each day in order to make exponential change in a year.
It takes 66 days to form a new habit.
We're 15 days into our journey, but there is a long way to go. Research shows that it takes 66 days to form a new habit, which means that whatever you started on September 1 won't be solidified until November 6. The good news: time goes by quickly. What do you wish you started 66 days ago?
You need positive reinforcement for change.
You can't "should" yourself to change. And you can't force yourself to do it. Studies have shown that you have to have positive reinforcement. That doesn't come early when you are making change. In fact, as anyone who has tried to start a new exercise routine or diet knows, early in the change is when you are most frustrated with it.
That's where our private Facebook group comes in. Connect with other traders, share your success and setbacks and make progress. We're all working towards the same goal.
