I want to share with you thethree common issues reasons orroadblocks that people have when itcomes to trading investing, or it couldapply to other aspects of life.
I’m doing this because a lot ofpeople I’m noticing they struggle withtrading options and as we get into ouriron condor options course.
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Take a look atyourself you’ll probably figure out thatyou fall into one of these areas oryou’re lacking one of these areas andthe biggest one is probably what youneed to correct and fix and this isgoing to be all internal.
Three Key Problems:
- Brain/Knowledge Issue
- Strategy Issue
- Actions Issue
These are pretty much the main thingsthat anybody will struggle with when itcomes to becoming successful, doingthings the right way. This is reallywhere the problems lie. If you’relooking to lose weight, you know you have to eat healthily and exercise.
The strategy is what peopleare always looking for. What’s thebest strategy? How do I save time? They’realways looking for strategies ofwhat to eat how to fine-tunethose things.
But then most people lack the action. Doing those things consistently becauseif you eat healthily, you often exercisechances are you know you’ll lose weight.
Going back to trading and investingin the stock market. Let’s breakthis down.
Are your trading problems a knowledge Issue?
- Courses
- Books
- Coaching discussions
All of these we haveavailable on our website -> Click here to learn more about it <-
How do you spot theknowledge issue?
In trading, let’s say youknew every single thing in trading. Inthis circle represents everything intrading that the world has concerningknowledge. You don’t have to knowall of that to be successful.
Youmight have a penny stock trader whojust hones in and knows pennystocks. He doesn’t do fundamental analysis, but he’s still successful because heknows that component of what he needs todo.
So, if you’re struggling andyou’re having issues, you might only know thismuch, and you lack the other little piece to be successful. You need to go out and get thatextra little bit of knowing whetherit’s through courses, books, groupscoaching, watching other free trainingvideos that we have available on theYouTube channel or website. Whatever itgets this extra knowledge so this is abrain or knowledge issue that you mayhave will be resolved.
Could it be a strategy problem?
- Figure out strategy
- What strategy works
The key issueis that you got to figure out astrategy but then what is it that’sgoing to work for you. Figuring out the strategy that works foryou is kind of the key you need totarget specific things.
Some peoplethey come up with different strategies. You might have two strategies. The first onemight not work but the second one works. The first one doesn’t work becauseit’s not right for you but the secondone works. But people aren’t happy withit so they try to go back and find a newstrategy rather than improving on thatsecond strategy
Another issue or problem that peoplehave is that they goto a whole different strategy ratherthan evolving that second strategythat’s already working for them right
Soif I’m trying to loseweight and I run because I knowthat running is working. Whywould I stop running and all of a suddenstart swimming and change it completely?Whathappens is, people are jumping big leapsall over the place to try and find newstrategies.
In a way, you could saythey’re lookinggreener pastures, and they’re doing bighops instead of micro hops. Do micro hops withstrategies, and this will help you evolve those strategies to modifythem, tweak them for you.
Ifyou’re trading, penny stocks and you have a fifty-fivemillion dollar account. It might not workwhen you’re trading non-liquid stocks because you have such a significant capital. So you’re going to get stuck in a position. You need to find a different strategythat works for you.
You can resolve problems by taking the following actions
- Habits – Discipline
- Repeat – Consistency
- Sticking to it – Longevity
When you change up yourstrategy time and time again, that’s really where theproblems lie. Sometimes people can’tstick with something long enough. Thatcould be an issue, theymight try something for a week, butthat’s not long enough to testout a strategy. They might test somethingout for two months. Again this mightbe good, but then they drop out, and theyaren’t able to stick with it so
All of thesethings loop together when youlook at them your brain. Your knowledgepower, your strategy, and your actions,they all work together. And this isreally where people have issues.
Stocktrading, options trading, iron condors,calendars, doesn’t matter what you’redoing. The same thing is correct if you lackthe brain power the courses, the books, and the coaching sessions.
All of these we haveavailable on our website -> Click here to learn more about it <-
You don’t needeverything; you need that fractionokay to be able to get you to the nextstep.
You got to come up with astrategy. Make sure that the strategy works foryou. Most people are always trying tofigure out other people’s strategy. It’snot about other people’s strategy, it’sabout your strategy what works for youand then breaking that out for what’sworking and acceleratingit.
And then doing the actionsconsistency and following your strategy.Sometimes, even if you’re consistentbut then all hell breaks loose. Then,something’s going wrong, and you’re notdeveloping your plan. It would create otherproblems and issues
These are thethree main things. I want you to look atthose on yourself personally and evaluate yourself. What is it thatyou’re doing right? Are you consistent? Are you following your plan? If you don’thave an idea,figure out a strategy. Is your strategycorrect? Is it working for you? If not, you need to figureout the strategy. You might need to goback and get some more knowledge courses,books, group coaching, or coaching ingeneral one-on-one. Take a look at someof the material we have that are veryin-depth, and it’ll help you acceleratethere, but it all starts with theknowledge.
All of these services we haveavailable on our website -> Click here to learn more about it <-
