The Complete Guide to Stop Trading Procrastination – 8 Actions

by admin | Jun 20, 2024

Ever found yourself staring at your trading platform.

Your finger can either be 1 mm away from the buy button.

Or between the distance of the Wall Of China.

And you’re still not going to press it.

Welcome to the procrastinator’s club!

Don’t worry, you’re not alone.

Many traders struggle with procrastination.

The good news? It’s totally beatable.

Let’s dive into why we procrastinate and, more importantly, how to crush it and become the trader you’ve always wanted to be.

Why Do We Procrastinate?

Doubt Your Trades?

Doubt is a confidence killer.

You’re doubting yourself.

You’re doubting your system.

You’re doubting the markets.

You’re doubting that trading will help you.

And that doubt, is going to cause hesitation.

You’ll miss trades and miss opportunities – no matter how good they look.

Skip a Trading Day?

Skipping even one trading day can cost you big.

Markets don’t wait.

If you’re not in the game, you can’t score.

So, at least try download your trading platform on your phone and check the markets every now and then.

You’ll be surprised how QUICKLY a trade can line up and how quickly you can miss it.

Don’t Monitor Your Results?

If you’re not tracking your trades regularly, how will you know what’s working and what’s not?

You need to constantly track your performance and see if it’s on track.

Is the market in a favourable territory or in an unfavourable environment.

Do you know if you have to risk more or less, depending on how your portfolio is performing?

I do have other solutions to help you conquer trading procrastination.

#1: Choose Your Trading Days

Pick 3-4 specific days each week to focus on trading.

Maybe you want to skip Monday’s because you want to let the market adapt to the new week.

Or you want to skip certain days or hours that the markets’ are not that favourable ie. Gold.

But have a set schedule keeps you disciplined and ensures you’re consistently engaging with the market.

#2: Set Smaller Tasks

Break down your trading tasks.

One day, focus on one set of markets.

Another day focus on another set.

Another day focus on your track record and journal.

Another day, update your trading journal.

Small, manageable tasks make the big picture less overwhelming.

#3: Track Results on a Specific Day

Choose one day each week to review your trades and performance.

This habit helps you stay accountable and spot trends in your trading.

It also helps you NOT worry about how every trade is performing for your portfolio.

Trading is a medium to long term game. So checking the market every day is like checking your weight everyday.

There are going to be ups and downs, but over an extended period of time – You will see results.

#4: Set a Timer

Some people need a real push.

If you know you have one hour to trade or even 15 minutes.

Set a timer and dedicate that time to trading.

Set a timer, shut out the world, remove any distractions (phone, TV, people, pets) and immerse yourself fully in the market.

#5: Self-Talk

Give yourself a motivational pep talk.

Remind yourself why you trade and that you have the skills to succeed.

You’re the boss—act like it!

#6: Reward Yourself

Whether you win or lose, if you’ve followed your strategy, reward yourself.

Enjoy a treat, take a break, or do something you love.

Positive reinforcement builds good habits.

FINAL WORDS:

Procrastination can be a tough habit to break.

But now you have some ideas on what you can do to stop procrastinating.

So when are you going to do something about it?

Tomorrow? You’re procrastinating.

Do something today to get started and let’s overcome procrastination.

Summary

Here’s a quick recap of what we covered:

Reasons for Procrastination:

Doubt your trades? You don’t take them!
Skip a trading day? You miss opportunities!
Don’t monitor results? You can’t track your performance!

How to Stop Procrastinating (Part 1):

Choose your trading days.
Set smaller tasks.
Track results on a specific day.
Set a timer for trading.

How to Stop Procrastinating (Part 2):

Remove distractions.
Engage in positive self-talk.
Reward yourself for following your strategy.

Your present and future self will thank you!

Trade well.

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Click here to SIGN up and join now.

Trade well, live free.

Timon Rossolimos
Founder, MATI Trader

CONNECT WITH US:

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http://www.facebook.com/groups/matitrader

Website:
https://timonandmati.com

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https://discord.gg/c8f37kyv35

The Complete Guide to Stop Trading Procrastination – 8 Actions

Ever found yourself staring at your trading platform.

Your finger can either be 1 mm away from the buy button.

Or between the distance of the Wall Of China.

And you’re still not going to press it.

Welcome to the procrastinator’s club!

Don’t worry, you’re not alone.

Many traders struggle with procrastination.

The good news? It’s totally beatable.

Let’s dive into why we procrastinate and, more importantly, how to crush it and become the trader you’ve always wanted to be.

Why Do We Procrastinate?

Doubt Your Trades?

Doubt is a confidence killer.

You’re doubting yourself.

You’re doubting your system.

You’re doubting the markets.

You’re doubting that trading will help you.

And that doubt, is going to cause hesitation.

You’ll miss trades and miss opportunities – no matter how good they look.

Skip a Trading Day?

Skipping even one trading day can cost you big.

Markets don’t wait.

If you’re not in the game, you can’t score.

So, at least try download your trading platform on your phone and check the markets every now and then.

You’ll be surprised how QUICKLY a trade can line up and how quickly you can miss it.

Don’t Monitor Your Results?

If you’re not tracking your trades regularly, how will you know what’s working and what’s not?

You need to constantly track your performance and see if it’s on track.

Is the market in a favourable territory or in an unfavourable environment.

Do you know if you have to risk more or less, depending on how your portfolio is performing?

I do have other solutions to help you conquer trading procrastination.

#1: Choose Your Trading Days

Pick 3-4 specific days each week to focus on trading.

Maybe you want to skip Monday’s because you want to let the market adapt to the new week.

Or you want to skip certain days or hours that the markets’ are not that favourable ie. Gold.

But have a set schedule keeps you disciplined and ensures you’re consistently engaging with the market.

#2: Set Smaller Tasks

Break down your trading tasks.

One day, focus on one set of markets.

Another day focus on another set.

Another day focus on your track record and journal.

Another day, update your trading journal.

Small, manageable tasks make the big picture less overwhelming.

#3: Track Results on a Specific Day

Choose one day each week to review your trades and performance.

This habit helps you stay accountable and spot trends in your trading.

It also helps you NOT worry about how every trade is performing for your portfolio.

Trading is a medium to long term game. So checking the market every day is like checking your weight everyday.

There are going to be ups and downs, but over an extended period of time – You will see results.

#4: Set a Timer

Some people need a real push.

If you know you have one hour to trade or even 15 minutes.

Set a timer and dedicate that time to trading.

Set a timer, shut out the world, remove any distractions (phone, TV, people, pets) and immerse yourself fully in the market.

#5: Self-Talk

Give yourself a motivational pep talk.

Remind yourself why you trade and that you have the skills to succeed.

You’re the boss—act like it!

#6: Reward Yourself

Whether you win or lose, if you’ve followed your strategy, reward yourself.

Enjoy a treat, take a break, or do something you love.

Positive reinforcement builds good habits.

FINAL WORDS:

Procrastination can be a tough habit to break.

But now you have some ideas on what you can do to stop procrastinating.

So when are you going to do something about it?

Tomorrow? You’re procrastinating.

Do something today to get started and let’s overcome procrastination.

Summary

Here’s a quick recap of what we covered:

Reasons for Procrastination:

Doubt your trades? You don’t take them!

Skip a trading day? You miss opportunities!

Don’t monitor results? You can’t track your performance!

How to Stop Procrastinating (Part 1):

Choose your trading days.

Set smaller tasks.

Track results on a specific day.

Set a timer for trading.

How to Stop Procrastinating (Part 2):