Mike! How the heck are ya.
I’m good. Actually, very good. I think it’s a good time to fill you in on what’s been happening. So many changes, Journal. I just got done reading that last post. Man…it’s been like almost 3 months later now. Geeez. Many. Many. Changes.
Well, talk to me Mike.
You got it Journal. I feel like typing all day today. Cause it just might take that long to unload all that I want to. In fact, I hate to say it, but, I realize that I kind of substituted you, this Journal, with something else. See, you know me. I do have to have some kind of outlet to express all of the things I’m thinking, planning, proposing, strategizing…basically writing down everything I want. Cause I’m not all about talking about it. You know, like to people. I’d rather write (or type) it all out, instead of verbally talking it out. I don’t know, it’s just the way I am.
Thanks a lot Mike…substituting me?
Sorry. You’ll understand in a minute.
So, I figured the best way to go about it all, would be to just tell you, in detail, what my daily routine entails.
Fire away! I’m listening.
Thanks. Ok. First of all. I do have to say that this NEW LIFE of mine is the best thing that has ever happened to me. I mean, I’m happy. And nothing on earth makes me happier. That’s in regards to doing something that you truly enjoy. So yep…there is nothing better in life than realizing why you were born, and being able to operate in that capacity. Well, that’s right where I’m at now. You don’t know what fulfillment is, until it happens.
Therefore, let me show you what a traders life looks like. It’s how I have crafted it. I truly believe that everything I do is crucial for progress, in my business. It’s to keep me going…to keep me in the game…to bring me to the next step. I cannot go backwards. See, I’m a man of extremes. And I realize that my only mistakes may come from doing something too much, or too hard. Sometimes that can be very detrimental, but then again, it can mean some great things await me. We’ll see how the future unravels.
That’s nice. I know. Here’s how my weekdays go.
Oh, and by the way, this has been my schedule since Jan. 1st.
- My alarm goes off at 2:54am. After the bathroom, I must be sitting, ready to run the 3am numbers.
- I must be done, with my B.P’s post, no later than 3:35am.
Something I’ve always been aware of, about myself, is that I very much so like to keep with a schedule. Also, I do not like to be late. Actually, for anything. Like for instance, this morning, I ran 5 minutes late. It does bother me. But I have to work hard, mentally, to understand that I can’t always be right on time. But, for the most part, I don’t run any later than that.
- 3:35am - must start my exercising.
Stretching. Elliptical. Stretching. For an hour and ten minutes.
Now, I don’t take this lightly. Anything I do, I don’t do for nothing. What I do, along with taking care of the body, is take care of the mind also. Therefore, all during this working out, I am practicing mindfulness. Which is being in tune with every muscle, cartledge, and the lungs (breathing). I guess you could call it living in the present moment. Look. It’s not easy. I am training my brain to keep with what’s going on now. No thinking…no remembering…no planning…just the stuff the brain wants to wander off and think about. I’m sure every human knows what I’m talking about. Well, whoever pays attention to their brains, anyway.
- 4:45am - It’s coffee time.
That’s like a reward. Boy, there’s nothing like taking care of the physical, only then to relax. But, that’s what I do. I’ll sit in my office (will show pictures in a little bit), in the dark, till her (Trish) alarm goes off, at 5:15am.
Now. During this half hour, what I do is meditate. I guess you can call it that. In actuality, I try very hard to clear my mind. I practice trying to think of nothing. Trust me, it’s not easy. The mind always wants to wander. I guess it’s an extension of mindfulness. Like…what I’ll do is, when I take a sip of coffee, boy, I take it in. Feel it. Smell it. Hear it. Just…enjoy it like you can’t enjoy anything more.
See, this short amount of time, for me, is pretty special. It’s a way for me to prepare myself for the day. I need my mind to be ready. Unclogged. Fruitful. Primed. Basically, prepared, for whatever the day will bring. I don’t take anything for granted. I mean…I’ll even sit there and be thankful for my breathing, not being hurt, my body and mind fully functional and operational for this day.
Also, before that time is over, I go over, in my head, some goals that I want to accomplish in the day. I’ll eventually write them down (more to that in a minute).
- 5:15 am - Wake Trish up, with Ben (our dog).
We have some (more) coffee, news. She exercises a bit, also.
I’m dressed, like Wall Street, and all ready to go by 6:30am.
- 6:30 am - Sitting in my office.
What I do for the next half hour or so is writing down all what I plan on doing that day. I make myself an itinerary. So, it’s like a mix between goals for the day, and an action plan. I follow this, cause this is what I should be doing. It’s all part of the planning part. See, up until she leaves, I can’t fully get to working on stuff. When I work, I work. There’s no fun and games with me. I devote my 100% attention, effort, all my resources to whatever I aim to do. And I can’t really start that until it’s quiet around here.
- 7:20 am - I’m helping her out of the garage and seeing her off.
What I do now is sit in my office, still being dark, and meditate a little bit more. See, it takes her about 20 minutes to get to work. And I need to know that she will make it ok. I know, kind of crazy, but oh well. I won’t be able to relax until she’s ok. I mean, you never know, bad things can happen out there on the road. So…I will meditate until I get her text that she made it.
Now. Before I get into the 8am numbers, I still need more mental preparation. This is when I will read, ponder, think, memorize, all lot of what’s on my wall. I showed you some of that before. Well, I’ve added a lot more.
Ok. But, don’t laugh.
Alright. How about I just combine what it all looks like right here in my office.
Let’s take a tour, huh?
Now…let’s all learn something.
Moving from my right wall, over to the left.
So class, what did we learn?
As you can see, I’m not playing around. I take things seriously.
Let’s back it up a little. I’ll explain some of that.
All the stuff on the right and middle, is stuff that I read, think about, ponder, meditate on, whatever it takes to get it into my subconscious mind. I want everything up there to be me. In me. I’m talking…I want my gravestone to have all this engraved on it. Basically, I want to be synonymous with everything here.
Now. About "This is a Trader."
This will probably never be fully completed. What I do have down there is some of the lessons that I’ve been going through. Kind of like I had a huge realization about it, and therefore I have to write it down so I won’t forget it. Kind of a way to reinforce these points. See, sometimes we think we have learned something, only to later on find out that we haven’t. Cause we like to make the same mistakes over again, right? Well, I don’t want to happen with me. So…I do what I can to learn stuff properly. Like keeping it fresh in my mind, where I can see it, every single day of my life!
Oh, and one more thing to explain.
See, I have realized, and believe it to be true, that I can become anything that I want. And ever since this realization, all I got to do is think of what I truly want. I write it down, see it every day, and all I got to do is work on it. I think I got this idea from reading a great book. It was called “Aspiration”. Now, that, is a deep book. Kind of hard to read, cause it is written from a psychological perspective. Not your normal easy to read book, trust me.
Anyway. The point is, you can aspire to be anything you want to. No joke. Nothing can stop you from doing, or becoming anything you want. And, so far, that’s the only thing I have up there. I only will put the most important things on there. I could fill up the entire room if I wanted to. But decided to just stick with very, very meaningful points.
BTW…a lot of the stuff on my right and center parts, I have gotten from some very good sources. I’ll just mention who they are.
- Benjamin Hardy (my favorite).
- Farnam Street
- Mark Manson
- James Clear
- Zat Rana
- Wait But Why
All those sources I subscribe to (don’t worry, all for free).
Anyway. Enough nonsense. Where was I?
Oh yeah, work.
Well, like I said. I follow whatever I have written down. And that leads me to tell you, Journal, your substitute.
Look. I need to write. So, my favorite tool to learn, remember, journal, strategize, ponder, kick around, comes in the form of notebooks! What a novel idea huh?
Well, I make it a science.
I have 2 running notebooks, that I use on a daily basis. One, is strickly for what I write down in the morning prep time. At the top of every page will have the date. And I write down:
- The itinerary for the day.
- Any shower thoughts.
- Any morning inspirations that come to me before the daylight comes.
The second notebook is reserved for the more in depth stuff. I will get into major topics in there. Or, like in the last couple weeks, all of my back testing data that I ran. Or…a book that I’m reading. I like to write down stuff that speaks to me when I read. Oh, also, which is important to me. Every weekend, usually on Sunday, I take time out and do my “Weekend Summary”. This is a must. What I’ll do is start out with a general summary about how I think the last week went. It’s the stuff off the top of my head. Then I’ll go back and read all that I wrote down during the week. That’ll be from both notebooks (cause it’ll be a lot of material I’ve gotten engrossed in). So, I put it in a summary form.
Look. In the one notebook I’ll even tell myself to go back over all my notes. So then, I’ll write up on stuff that I’ve already written about! Understand that?
Anyway. What I do within a day, it mostly has to do with writing stuff down. So, between reading good stuff, writing good stuff, and going over my strategy (constantly), is what my day will consist of.
Lately, I’ve been on this one statement. You’ve probably seen it there on my wall. But check this out.
What is the ONE THING that I can do now, such that by doing it, everything else will be easier or unnecessary?
That came from the book The One Thing. Very powerful in my eyes. If you take that seriously, that’ll get you to be doing the most important thing you should do. Now.
So, throughout the day, you’ll see me take Ben (our dog) out for 3 walks. During those times is when I find inspiration. Man…I’m telling you…if you would only pay attention to what your mind is saying…you would be surprised. Especially, given all the good advise I have put up on my wall, and that’s in my brain, sometimes you just have to listen! Just like everyone knows that when you take a shower, inspiration comes to us. It’s true.
So then, when it comes to between 4 - 5 pm everyday, that’s when I have to pay attention to the market. I see what’s going on. Where things are at. Set up any kind of entry order trades.
Yeah Journal, my strategy has been tweaked. Boy…have I learned a lot about the way I should trade. Many lessons. All in the name of finding out what works and what doesn’t work. Let’s see. I don’t want to get all into it. But I’ll tell you some of the major issues I have learned, regarding my trading.
- Strategy must be simple.
- Must have detailed rules.
- Must follow the rules.
- Must have an limit entry order, instead of a market order.
- Your edge should be repeatable and definable.
Look. Journal. I’ve seen this stuff a million and one times all during my tenure so far. But you know what, that was my mistake. I never took it seriously. Every single point up there means so much to me. You wouldn’t believe how much I have written about, pondered, took apart & dissected, through and through, got to the bottom of each one of those. It’s like I never even seen it before.
I’m learning. See, reading means nothing. Seeing stuff, means nothing. Hearing stuff, means nothing. Actually…having it in your head, means nothing! Nothing means anything unless you have come to actually learnt it. In fact, we never even learn stuff until we get to the point of not doing the same mistakes over again. In fact, WORDS mean nothing. I can say that I know something, but that doesn’t necessarily mean I know it. In fact… I can even think that I know something, in my mind. That doesn’t necessarily mean that I do.
Results actually show us what we know and what we don’t know. It’s not what we think we know, it’s how we behave and act and perform that’s the real truth.
Anyway, I can go on and on about that nonsense. It doesn’t really matter. The only thing I am after, is this. Have I really learned something??? Can I learn something?? What is it that I have learned??
The good thing about it all, is this.
It’s all within.
You just have to dig deep. Be honest. Be real. And do whatever it takes.
Ok. So. The end of the day has come. It’s 5pm. I run the numbers. Then, approximately 5:30pm I write up my post about the numbers. And that’s a wrap. I’m with Trish by then. And then by, no later than, 9pm, I better be sleeping. And so ends the day.
I just want to say Journal, that this life I have, is the happiest I’ve ever been. As long as I can keep it going, I’ll be satisfied. OH…I forgot…I have that up on my wall…NEVER BE SATISFIED. And I won’t be. There won’t be an end to my striving, pursuing for excellence, in all that I do. I’m made that way. That’s how I will go out of this world. Becoming better. Period.
Alright Journal, thanks for listening.
Can’t wait to share all the other things I will learn, in the coming months. And years!