Are you interested or COMMITTED ?

2020-01-17 10:40:05

I was just off listening to a motivational audio by John Assaraf on the above. I find it inspiring and would like to share with fellow traders.

According to the audio, he says, if you are interested in your financial goal , then you do what is convenient. But , if you are COMMITTED, you would do whatever it takes to achieve it.

Now, whatever it takes can means different things to different people and it's hard to quantify. In my example, I am committed to achieve my financial goal from trading and investment.

There are 4 main aspects that I look at holistically :

1. God - this is crucial to me as HE is my spiritual mentor and I get my wisdom and valuable life lessons like patience, humility, love , understanding, forgiveness, perseverance , etc from his words.

2. Family - I ensure that I spend quality time with them, being there for them and providing for them.

3. Health - This includes both physical and mental health. I have recently embarked on my lower body workout over the last 2 weeks and have been working hard on achieving my 6 pack abs daily. Mental health includes my daily walk with God, praying, reading, listening to audios and dreaming.

4. Finance - To some, they may work really hard on this area and neglect the other parts. I ensure I strike a balance and that is why item 1 remains the top priority for me.

NOW, if you look at this pair, USDCAD on 1H , you may get frustrated as the price seems to be heading nowhere. If you become impatient , you would probably jump ship and move on to other exciting pairs that "promise" you better returns.

If the price action is able to sustain at 1.303, then it is a matter of time that it will break up from the wedge pattern and move up higher. You can see that it has been at this level of support for more than a week.

Alternatively , it could flush down to the next level of support at 1.298.

Not every day will be sunshine but because you are COMMITTED to your financial goal, you will do whatever it takes to make it happen.

This can include taking off screen time to do reading, studying charts, updating macroeconomic news, praying, etc. All activities are important as it contribute to your financial success.

Do not ever, ever , ever give up on your goals !

By the grace of God, we can do it !