Knowing how to go to the gym will lead to good health, but how many people actually go, how many can maintain it as a daily habit.
Knowing to wake up early is good for health, makes you feel more refreshed, and gives you more time for yourself to read books, meditate, and jog, but how many people do it, how many can maintain it.
Knowing how to read books is very good, it opens your mind more, makes you smarter and more aware, but how many people read, how many can maintain it as a daily habit.
Knowing to sleep on time is good, so that tomorrow you will be alert to work, but how many people go to sleep on time, and how many can maintain it as a habit.
Knowing how to manage capital means you can survive in trading, but how many people CAN DO IT, how many can maintain that every trade is equally leveraged.
EVERYONE KNOWS - BUT HOW MANY ARE WILLING TO DO IT AND PERSIST TO FORM A HABIT, AT THAT TIME THERE'S NO MORE EFFORT REQUIRED TO READ BOOKS, JOG, SLEEP ON TIME, OR MANAGE CAPITAL, AT THAT POINT IT BECOMES AN AUTOMATIC HABIT, LIKE EVERY MORNING THE FIRST THING YOU DO IS WHAT, MOST WILL GO BRUSH THEIR TEETH, HAVE YOU EVER ASKED YOURSELF, WHY DO I HAVE TO BRUSH MY TEETH, LET'S JUST SKIP IT TODAY AND DO IT TOMORROW, OR WILL I BRUSH MY TEETH IN THE AFTERNOON.
DO YOU ALL UNDERSTAND THE ISSUE NOW? WHEN YOU ALL DEVELOP A HABIT, YOU DON'T NEED TO STRIVE ANYMORE. AFTER A LONG TIME, YOU WILL IMPROVE BY YOURSELF. JUST LIKE IN TRADING, MANAGING CAPITAL BECOMES A HABIT, YOU WON'T OVERLEVERAGE OR TAKE BIG RISKS TO BE ELIMINATED FROM THE GAME, AT THIS POINT, YOU WILL BE ABLE TO SURVIVE IN THIS MARKET.
THERE SHOULD BE A DISTANCE FROM KNOWING TO DOING IT.
#tradingtips