Two Things You Need to Have to Be a Successful Trader
★ SUMMARY ★
When it comes to trading there are two main things that are required for you to be successful and without these two things you will be lacking in one area or another and you won’t really have success, you won’t really have consistency in your trading.
You won’t really know and understand what’s going on in your trades, you won’t know and understand what to do and when to put on the positions so without these two things without these two things working together you won’t have that success that you’re looking.
I find that these two things that we discuss and talk about actually they apply to everyday life, so you need both of these things in all aspects of your life to become successful in just about anything.
Thanks for joining me again I’m Sasha Evdakov, and I want to share with you those two things that are required in order for you to be successful in trading or be successful in other parts of your life, so you can use this diagram that I’m about to share with you in all aspects of your life when you are evaluating whether you are successful in something or whether you’re not.
Inner Game and Outer Game
When you look at anything that you do I look at it as there’s two main parts that are required for you to be successful and between these two parts, right here in the middle as we overlap on this Venn diagram that is where the success lies.
If you have both of these pieces, then you will be successful. Now inside these pieces there’s a lot of little smaller little details and pieces to the puzzle, so don’t think that just can you get one aspect of it or another that you’re going to have success right away.
In fact, there’s a lot of little other components that go along with that success but the first thing the first thing that you’ll need to have in order to be successful is the outer game and the outer game refers to things that are external to you.
If we look at this right here this is all the things that are external or outside of you. So when we’re talking about a sport when we’re talking about basketball, think of the outer game dribbling think of the outer game as shooting the basketball, that’s what the outer game is all about.
If you have the outer game, if you have the dribbling, if you have the shooting then you’re able to play the game, you’re able to use that ball on that court properly and then you’ll be at least better on the court but if you just have that if you just have fantastic dribbling skills, fantastic shooting skills, that doesn’t mean you’re going to be successful.
I’m going to tell you why right now because it requires this other piece the other component for you to be successful and that is called the inner game. The inner game refers to things that are internal and things that are internal are things that are inside of you.
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