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Spread betting hiatus: Time to get back on it

March 14, 2016 by tradingsimply2 Leave a Comment

So…I’ve been away for a while (it is a long story), but now it’s time to get back to business and get spread betting again.

Rather than do things half arsed I made the decision to wait until I could give trading the full attention if not only deserves, but also requires.

One of the hardest things I’ve found is actually committing the time and effort needed to do things properly. Like a lot of you out there I suffer from having the attention span of a goldfish and procrastination is my arch nemesis. Now obviously this has to change, and it most certainly will, but I’m not naive enough to think it will happen overnight.

Replacing bad habits with good ones

I’ve recently read a book called “Think and Grow Rich” by Napoleon Hill, first published way back in 1937 which has changed my perspective on a thing or two, most notably around forcing yourself to do things until they become your natural habits. For anyone out there that has the same issue I strongly recommend you read this literary marvel. You won’t be disappointed. I’ll cover off a little more about this little gem of a book in a future post, but suffice to say, given the importance of discipline and commitment when attempting to make some serious money through spread betting, you can see why doing this is well worth the effort.

Weekly trade posts

Another way I’ve thought up to keep me engaged and committed is to post my weekly trades on here for all to see. No sugar coating or covering up bad trades.

I’ll be sharing my successes and failures for all to see…one thing not many people in the online trading community seem overly keen on doing.
Obviously feel free to comment and share any advice you might have. Sharing is caring after all.

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I have been spending a fair bit of time working on my trading plan and thinking about my approach to trading so I thought I would write a bit about it.  My background in the markets is purely non-professional and dates back to the mid 80’s when I used to chart share prices on graph […]

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