07Nov12:30 pmEST
Stop Wasting Your Time on These 25 Things, Starting Now
The following is a great list, courtesy of the Marc and Angel Hack Life blog, applicable to trading, markets, and the lifestyle of a speculator/gambler, on many fronts.
Indeed, trading is the ultimate challenge in mental and emotional toughness, with too many allowing short-term emotions to propel them too high or spiral too far down into the depths. Moreover, too many negative thoughts (though some negative thinking may be beneficial) can derail a promising long-term trading career when short-term turbulence comes along.
Simply put, there are only so many hours in the day. And wasting even one moment with trolls on social media, for example, comes at the expense of too many other constructive uses of time.
With this in mind, here are some of the things to stop wasting your time on, starting now:
1) Distractions that keep you from special moments with special people. – Pay attention to the little things, because when you really miss someone you miss the little things the most, like just laughing together. Go for long walks. Indulge in great conversations. Count your mutual blessings. Let go for a little while and just BE together.
2) Compulsive busyness. – Schedule time every day to not be busy. Have dedicated downtime – clear points in the day to reflect, rest, and recharge. Don’t fool yourself; you’re not so busy that you can’t afford a few minutes of sanity.
3) Negative thinking about your current situation. – Life is like a mirror; we get the best results when we smile. So talk about your blessings more than you talk about your problems. Just because you’re struggling doesn’t mean you’re failing. Every great success requires some type of worthy struggle to get there.
4) The needless drama around you. – Be wise enough to walk away from the nonsense around you. Focus on the positives, and soon the negatives will be harder to see.
5) The desire for everything you don’t have. – No, you won’t always get exactly what you want, but remember this: There are lots of people who will never have what you have right now. The things you take for granted, someone else is praying for. Happiness never comes to those who don’t appreciate what they already have.
6) Comparing yourself to everyone else. – Social comparison is the thief of happiness. You could spend a lifetime worrying about what others have, but it wouldn’t get you anything.
7) Thinking about who you were or what you had in the past. – You’re not the same person you were a year ago, a month ago, or a week ago. You’re always growing. Experiences don’t stop. That’s life.
8) Worrying about the mistakes you’ve made. – It’s OK if you mess up; that’s how you get wiser. Give yourself a break. Don’t give up. Great things take time, and you’re getting there. Let your mistakes be your motivation, not your excuses. Decide right now that negative experiences from your past won’t predict your future.
9) Worrying about what everyone thinks and says about you. – Don’t take things too personally, even if it seems personal. Rarely do people do things because of you; they do things because of them. You honestly can’t change how people treat you or what they say about you. All you can do is change how you react and who you choose to be around.
10) Self-deception – Your life will improve only when you take small chances. And the first and most difficult chance you can take is to be honest with yourself.
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