One of the things I have understood from all the books I’ve read about trading and from the conversations I’ve had with great traders is this: In order to become a professional trader, you have to put in the effort, the time, the money, and most importantly you have to decide to become a pro.
I understood this a long time ago, but I did not apply it. Why? Because I could not find an answer to this question: How?
am I supposed to do that? was my question. I mean, I get that I need to make a firm decision to achieve a goal and then work diligently towards it. Fine, no problem. The question though remained: How?
Since I thought I knew where I was going, I knew that all I had to do was figure out how to get there, but there was just a slight problem… all the roads, all the options, all the directions I examined – they all looked the same to me! Now, looking back I understand that it is more precise to say that I could not see them because I had not really defined exactly what I was supposed to have decided to achieve! Fortunately, that has changed.
But back to my misery of going round in endless circles vacillating between trying to figure out what to do to get to where I wanted to go and trying to figure out where I wanted to go so I could start doing the right things.
Finally two fortunate things happened.
First: I got a mentor! It was not easy for me to admit to myself that I needed help. It was even harder to admit it to another person whom I respect and admire, and ask for help. Fortunately he accepted. Gladly even. This was the beginning of my transformation, starting with the solidification of my daily routines. They were not that shabby, but they were inconsistent, and I learned from my mentor that inconsistency as a trader can kill you.
I learned through his kind and firm guidance that becoming a pro starts with your mindset! To become a master, you have to have the mindset of a master. Not the other way around… that realization came about the same time as the second fortunate happening.
The Master Key
As I was working on my mindset I came across a speaker and trainer called Mark Januszewski. I liked the videos and the free materials he provided and I saw that he offered a “course” called the Master Key Experience. I had tried to read Charles Haanel’s underground classic many years ago, but I was not ready for it at the time. This time, something stirred in me and I signed up.
What a ride! I have never been through anything like this, and most importantly: the question of “how” has disappeared from my mind! The Master Key says to focus on the result and the methods will reveal themselves. It also gave me the “how” to be able to define exactly what my desired result looks like.
I will be writing more about what I learn from this experience and how it applies to my journey to become a Master Trader. For now, let me point to two very important things for trading success:
- Get a mentor!
- Pro is a mindset
Have a great week, and please let me know what you think in the comments below!
P.S. No, my mentor is not one of the Masters I interviewed for the podcast, but I did meet him through these people. He prefers to stay private and I respect that.