Today I want to share 4 quick tips with you…
Tips that are fuelling radical progress for traders in the Breakout Masterclass.
These tips were shared in the private Breakout Masterclass forum by Joss, who has achieved an impressive amount of progress in a short period of time.
These 4 tips are highly effective ways to get results fast, and they can work for anyone, so with Joss’ approval, I’m going to share them with you here and add a few comments myself.
Let’s look at the first section of the forum post from Joss:
Tip 1: Persistent Progress
This is an extremely powerful one, and the idea is obvious: small incremental improvements over time can lead to massive changes.
Sometimes it can even seem like magic when one day you realize you can do something you couldn’t do before.
We use this concept in the 14-day breakout challenge, which is designed so that you can start building breakout strategies in just 14 days, by progressing a little bit (35 minutes) every day. We even include daily coaching emails to encourage consistent progress, and the results and feedback we’ve seen with this approach have been fantastic.
Tip 2: Clear Purpose
Be very clear on what you want to achieve, and constantly assess if the path you’re on is heading in the right direction.
The question “what is the most important thing I need to do today to… [insert your own outcome here]” is a fantastic question to ask yourself, to keep you laser-guided on your goal. (For more on this concept, check out the book ‘The one thing’ by David Keller.)
Let’s jump to the rest of the forum post by Joss:
Tip 3: Imitate then Innovate
If you want to learn how to do something quickly, find someone who has/is already doing it and copy what they’re doing.
It’ll save you bundles of time and frustration, and you can always build on top of it at a later date to add your own unique twists and insights.
For example, if you want to build breakout strategies, in the 14-day breakout strategy challenge Tomas shares the exact techniques he uses to build breakout strategies for his hedge fund. He’s been doing it for 10+ years, so why not shortcut your own progress by leveraging all the time and effort he’s put into it?
You really don’t need to figure it out on your own, when all the hard work has already been done. Imitate for fast results.
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Tip 4: Fierce Focus
This is a big one for a lot of traders, and one that I also struggle with at times too.
We live in a high-paced world, and with so much going on it’s so easy to get distracted. But by monitoring your thoughts and actions and being fierce about focussing on your goal (see tip 2), you can fuel your progress a lot faster.
So, there you go, 4 tips to fuel your trading.
Apply these 4 tips and you could see radical progress in a short amount of time.
Thanks to Joss for sharing!
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