You’re not going to get a long and elaborate list of resolutions like last year, where I mapped out ten areas of trading and life that I wanted to do better. Instead you are going to get one major resolution that I need to practice more of in many areas of my life.
And the Resolution that I speak of is:
DISCIPLINE
I don’t consider myself as a person who is undisciplined, in fact I tend to think of myself as being very disciplined, particularly when it comes to managing my trades and positions while trading in the market. However, there are too many other areas of my life that lack the discipline that it is worth making it my sole resolution for the year. At year’s end, I don’t expect to give myself an A+, but I do seek after drastic improvement.
The areas that I fell short in last year had everything to do with discipline.
- Consistently Exercising
- Reading and further educating myself through books
- Avoid trading higher flier stocks with less than desirable setups
- Not spending enough time in devotion to my faith as I would’ve liked.
It’s not that I don’t want to do these things, in fact I yearn for them. I enjoy them and get more out of these areas, than what I would otherwise haven gotten from the areas where I do show discipline.
