The holidays are over, and here you are at your computer, hoping 2015 will be a better trading year than last. But hope alone won’t make you successful—too much reliance on it can lead to disaster. Instead, success comes from action, discipline, and consistency. Today, I’m sharing practical insights to help you make 2015 your best trading year yet.
Get Things Done
We all procrastinate sometimes, and if you carried that habit into 2014, it won’t help your 2015 trading. That nagging feeling of avoiding responsibilities—watching TV instead of taking action—undermines your mindset.
Exercise is a great example: it improves cognition, health, and well-being, all of which enhance trading performance. Don’t put it off—make it a priority. Apply this “get things done” mentality to all areas of life. Clear your responsibilities first; your mind will then be focused and calm, ready for trading. Remember: “Business first, party later.”
Focus on the Trading Process, Not Just the Money
Many traders chase “fast money” and miss the bigger picture: trading is about the journey, not the destination. The most consistent traders focus on the craft—good entries, understanding market behavior, proper risk management, and effective exits. Ironically, when you focus on the process, the profits follow.
Dreaming of quitting your job or hitting it big won’t replace proper skill development. Consistent learning and application are what create successful traders.
Get Organized
Your environment affects your mindset and trading decisions. A cluttered office or messy workspace leads to a cluttered mind. Clear your trading area, simplify your setup, and remove unnecessary distractions. A clean, organized environment supports focus, discipline, and clarity when analyzing the market.
Consistency is Key
All the tips above—discipline, focus, organization—require consistency. Think of them not as New Year’s resolutions, but as lasting lifestyle and mindset changes. To become a consistently profitable trader, you must become a better version of yourself: more patient, disciplined, and organized. If you maintain these habits month after month, 2015 can truly be your best trading year yet.
Implementation Matters
Knowing a trading method isn’t enough; execution is everything. If you’ve studied my price action approach, you understand the techniques—but the key is consistent application. Consistency in life and trading is what separates successful traders from the rest.
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