Friday Feature: Patience is Challenging | Tackle Trading
The concept of patience can be very hard to grasp to many of us out there including myself, that want results RIGHT NOW. People who are just starting out in trading get upset when they don’t see results in a month or two, for some a year even and not becoming that market assassin that they strive to be. Another example would be in fitness when there are people who after eating well for a week and working out are not looking the way they want to. Hmm, think about it from this perspective…
How long did it take for you to look and feel the way you do right now? Day one. How long did you neglect training consistently and eating properly? Did you have a daily routine implemented? Did you journal your trading? Did you put together a system for your trading to allow you to stay disciplined to your plan? What was the amount of time you procrastinated everything that you were supposed to do?
Now take a step back and relax, it’s alright. We’ve all been there, just give yourself an adequate amount of time to get it all back together. Being too critical of yourself isn’t going to get you anywhere positive, just understand that its all part of the process that every one of us has had to go through at some point.
Here’s the ironic part that I’ve experienced, it can happen faster than it is to mess everything up. Being patient allows you to gain a greater understanding of the knowledge you learn throughout the process. The process is a great teacher. If you can stay consistent and engaged with the content and the community, the process becomes way more enjoyable. It can get to the point where you’re addicted to it because you now see the success and confidence it provides you. I am a huge believer that once you get a grasp of something, just a small taste of it and the feeling it provides you almost that feeling like a kid when you finally learn how to ride a bike without training wheels you don’t want to stop riding that bike! No matter how many times you fall, you know the feeling it gives you. “I know how to do it, so I’m going to keep doing it regardless if I fail.” When you are in that mental space, that’s when you also know you have true self-belief in yourself and that’s key to have success in anything in my life if you think about it. Sure, the aspects of the process can be difficult initially, but through time, your mind starts to process things differently. You recognize you are making progress every day, you’re learning through the Cash Flow Club or the Halftime Report and you begin to understand what you have to do in order to exceed your expectations.
You know, it truly comes down to the amount of time you put in at the end of the day when I sit back and think about it. Through Tackle, you willingly know you have the proper information, the proper set up in your daily routine and everything is aligned. Unquestionably you have the support necessary to help you, you have your goals outlined, now it comes down to how much effort are you willing to put in to make it happen.
Patience is the hardest part, but you must stack it against how long it took you to get the results you don’t want. Sometimes it can be a lifetime, but the best part about it is: it won’t take you a lifetime to fix it.
Marques Johnson. Full-time Trader.
I’m from Virginia and I grew up in a military home where I was raised by two parents who provided me the best of both worlds from how to be a good person and how to be self-sufficient in life. I’ve been trading for three years now and each year there’s always something significant I learn because the markets are changing all the time. I particularly focus on trading stock and futures options but trading isn’t the only thing I’m passionate about. Fitness is a significant aspect of my life and personal training is what I do throughout the day, so the balance of trading and fitness is a great mix for me mentally and physically which keeps me motivated every day.
Financial freedom is a journey
Sign up now and gain unfettered access to all of the quality content and powerful Scouting Reports that our Pro Members enjoy for 15-days absolutely free with no strings attached and let us show you what your trading has been missing.
Tackle Trading LLC (“Tackle Trading”) is providing this website and any related materials, including newsletters, blog posts, videos, social media postings and any other communications (collectively, the “Materials”) on an “as-is” basis. This means that although Tackle Trading strives to make the information accurate, thorough and current, neither Tackle Trading nor the author(s) of the Materials or the moderators guarantee or warrant the Materials or accept liability for any damage, loss or expense arising from the use of the Materials, whether based in tort, contract, or otherwise. Tackle Trading is providing the Materials for educational purposes only. We are not providing legal, accounting, or financial advisory services, and this is not a solicitation or recommendation to buy or sell any stocks, options, or other financial instruments or investments. Examples that address specific assets, stocks, options or other financial instrument transactions are for illustrative purposes only and are not intended to represent specific trades or transactions that we have conducted. In fact, for the purpose of illustration, we may use examples that are different from or contrary to transactions we have conducted or positions we hold. Furthermore, this website and any information or training herein are not intended as a solicitation for any future relationship, business or otherwise, between the users and the moderators. No express or implied warranties are being made with respect to these services and products. By using the Materials, each user agrees to indemnify and hold Tackle Trading harmless from all losses, expenses, and costs, including reasonable attorneys’ fees, arising out of or resulting from user’s use of the Materials. In no event shall Tackle Trading or the author(s) or moderators be liable for any direct, special, consequential or incidental damages arising out of or related to the Materials. If this limitation on damages is not enforceable in some states, the total amount of Tackle Trading’s liability to the user or others shall not exceed the amount paid by the user for such Materials.
All investing and trading in the securities market involve a high degree of risk. Any decisions to place trades in the financial markets, including trading in stocks, options or other financial instruments, is a personal decision that should only be made after conducting thorough independent research, including a personal risk and financial assessment, and prior consultation with the user’s investment, legal, tax, and accounting advisors, to determine whether such trading or investment is appropriate for that user.
Originally published at https://tackletrading.com on January 17, 2020.