Skip to main content

To Increase Your Discipline, Focus on Your Fulfillment

In a post a while back, I wrote about two proven methods for increasing your happiness.  A very important idea from that post is "You're most likely to work on your trading if your trading brings you positive experience."  It's when we feel happy and fulfilled that we're most likely to tap into productive and creative energies.

It is understandable that competitive traders look to their winnings to bring them their positive experience.  This is also where such traders most often lose their positive mindsets.  When inevitable drawdowns in the P/L occur, they create drawdowns in energy and attitude.  That's when traders often look for their happiness in the same place that they lost it.  They hope to regain happiness by regaining profitability.  Such an approach does not gain happiness; it loses control over one's happiness.

That is why one of the most important performance principles is to approach performance in such a way that the process of doing is what brings fulfillment, not just the outcome.  If trading is truly expressing and developing cognitive and personality strengths, it will be *intrinsically* rewarding, not just extrinsically so.  Your great challenge as a trader is to develop a process that is so internally rewarding that it will not break down when external rewards aren't forthcoming.

A skilled, successful trader wrote to me about knowing all the right things to do, but not cultivating the kind of routines that would routinely ground him in those right things.  Traders in such a situation assume that "discipline" is their problem, and they push themselves harder to make themselves do the right things--only to have such a push take them further from the joy in what they do.

If you want to follow a disciplined process, you have to find a way to make the process rewarding and enjoyable.  The best way of doing that is to yoke what we *need* to do with what we're *good* at doing.  We most often lose discipline because we're more concerned about being disciplined than being fulfilled.  The first step to turning that situation around is to stop looking for our happiness in the very place we lost it.

Further Reading:  Two Proven Methods for Building Your Happiness
.

Comments

Popular posts from this blog

Austerity-A Fancy Word for Destitute.

The reason for this post is not for the folks who have been caught in the first wave of personal economic hard reality, but the next wave. Regardless of the optimism espoused by grinning leaders and sycophant press, we are entering the final stage of global economic collapse. It began in 2008 and was forestalled for five years with fudge putty, but the weight of global indebtedness cannot be propped any longer and the final crunch is imminent. Austerity measures herald the final throes.  Indications of coming austerity.   Austerity measures are the final last ditch effort, futile or not! Back in the day many of us old-timers went through periods of "hard-times". In retrospect I realize there is no comparison to yesteryear hard times and today's version. Back then, expectations were never very high for the working class, there were no sophisticated systems or conveniences anyway. In fact the difference between being "set" or not was about having treats or not. Si...

2023 Josef Newgarden

Een paar weken geleden won Josef Newgarden de Indianapolis 500. GreenLight Models gaat dit model produceren in de schaal 1/18. Plaats hier je pre-order. Kijkerstip! Samen met Scott McLaughlin, zijn Penske teamgenoot heeft Josef Newgarden een zeer komsiche youtube serie met flauwe grappen genaamd Bus Bros!