Following Directions

After a year of studying the options trading and paper trading for the last 6 months. I am finding that like so many others things I have gotten into, me not following directions is a real problem.

There was a time when I could indeed follow directions exactly as given. Somewhere along the way I stopped doing that. Improvising, adjusting and modifying became the new way to do things. For some things this is great, like modifying recipes to make then vegetarian or vegan. But for business and mentorship relationships this has become a real problem.

I am acting like I know better when I am in fact the amateur. I came fro training and instead I am making the rules.

Almost all of my failed real money trades fall into the category of behavior. So do my previous home business attempts where I was joining an already existing business.

I need to get out of my way.

I know how to do that, I do it all the the time for successful healing sessions, channeling and meditations.

But when it comes to money  I seem to be unable to follow the rules.

 

 

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Bears and Bulls

In grades school, many decades ago, My best friend Anna was given stock in a company as a birthday gift from her parents. She proudly showed us the stock certificate.

Wow, how cool is that! she can own a piece of a company?

This year, some 40 years later, has been the year to learn the market, to buy stock and trade options.

My parents never did any of these things, there was no on in my family to teach me these things. Mom showed me how to use the mattress to save money, LOL. Other than just knowing the words I had no idea what it was all really about.

I want to thank Peak Potentials for offering the course “Master the Markets” and Carl Johnson for being such an awesome teacher! A teacher I could understand and follow when I was coming from total zero knowledge of the subject.

It’s been like learning a foreign language.  I have a friend who would ask me questions. Earlier this year I did not yet feel comfortable with the language. I would let him talk and I would do most of the listening. Then,  just a few days ago over New Years Eve dinner, I found I felt confident and willing to talk about what I knew and what I did.  It felt really awesome.

Now, I am learning to the manage the emotional part of the game. I can read the candle sticks and the indicators and use the stock screener. But paper and real money are two different games emotionally.

The goal is intraday trading. It’s so exciting! but right now I suck at it.

Turns out I really love Options Trading. I can spend the whole day at it. Like software engineering, where I just wanted to do “one more compile”, I am very happily addicted to trading.

Its a really good place to be, when what you love to do, can earn you some money. I got the love part down, now for some money.

Do what you love… the money will follow