“We live in a therapy culture” and we also “live in our past” according to Robbins.
He says most people believe that “biography is destiny, past = future, andit does if you live there”. We can know what to do intellectually, but not use it or follow through. Apply this to trading and I think you’ll know where I’m going with this. How many times have you put on a trade and after thought “what was I thinking?” Following your rules and guidelines are more important than the daily ebbs and flows of your equity curve. Without trading structure you’ll never have a rising account.
“Decision is the ultimate power.”
3 Decisions of Destiny – 3 decisions we make every moment of our lives.
- What am I going to focus on?
- What does it mean?
- What are you going to do?
Consciously or unconsciously. The moment you decide to focus on something you have to give it a meaning, and whatever that meaning is produces emotions. Is this the end or the beginning? That emotion creates action.
Overall nice clip that is classic A. Robbins. Enjoy.
