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InvestCEO with Kyle Henris

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27 contributions to InvestCEO with Kyle Henris
Progress vs Problem Avoidance
This is a lesson that will be crucial for many of you. There is a big, big difference between making actual progress versus putting in time and work: Progress = taking the challenging action steps necessary to make real, incremental improvements over time. Problem avoidance = putting in time that's related to your goal, but doing so in an attempt to make things easier or get to your goal faster. Here's examples of the differences... - What you do: Go through the course for a 4th time, or watch a bunch of videos on a completely different strategy hoping to discover some new revelation. (Problem avoidance) - What you should do: Create daily and weekly habits of going back through your detailed trade log to find the single biggest factor you can improve the following week. This could be your profit factor, your quantity of trades (in relation to over or under trading), or your win rate (in relation to where you're creating your plan areas). You then focus on only that thing, keeping everything else equal. Measure the result over a period of weeks. (Progress) - What you do: Increase your risk size or try to copy trade multiple evaluation accounts in an attempt to reach your income goals as fast as possible. When you get close to renewal, you take on more risk to make sure you pass or fail. (Problem avoidance) - What you should do: Focus on building a single account at a time until you have proven you're responsible in managing money like a fund manager would. This means you protect capital, make incremental gains over time, and work your way to a payout before you try to scale. You recognize that with real money you don't just "get to start over." (Progress) - What you do: Lose a trade, or a streak of trades, go on tilt, and then turn to the community to vent. Then you post screenshots of the trade asking "what you did wrong." (Problem avoidance) - What you should do: Accept that losing is a necessary and unavoidable part of the trading process. There is no right answer or solution for losing. Instead, you create daily habits around mindset and emotional control. You don't skip days working on those habits and judge your success or failure on the trade not by whether you won or lost, but by whether you did what you said you were going to do. (Progress)
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New comment 8d ago
Progress vs Problem Avoidance
2 likes • 22d
Thank you again, saying what needs to be said.
Market
Good morning, I wrote this information down but have not been able to find it. What time does the Asia and London market open and close east coast time??
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New comment Sep 15
2 likes • Sep 13
@Mark Clarno thank you 👍
Tuesday 9/3/24
How's everyones' trading day going so far?
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New comment Sep 5
1 like • Sep 5
Yesterday and today unfortunately were losses for me 😞
🎉 What’s the first thing you would do to celebrate finally reaching your financial goals?
Lots of new members recently, let’s get to know each other a little better! (Assume you’ve already paid off all the debt) I’ll go first. Pictures and stories are always welcome :)
Poll
211 members have voted
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New comment Oct 10
2 likes • Sep 4
Pay off debts, volunteer both local and abroad.
3 likes • Sep 4
Pay it forward, help others and teach my daughter and others on how to be financially secure.
Big things on the horizon!
Hey InvestCEO fam! Hope you all had an awesome Labor Day, and am looking forward to another trading week with you all. This week I'll be hosting a "Fast Track" zoom session on Wednesday (9/4/24) at 7:30pm est. You're all invited to attend of course and we'll be covering some big things: - How to get off to a fast start if you're new to trading or the group - New classroom material that I'll be adding for you (free of charge of course) - Some additional opportunities that you definitely will want to know about! You can find the zoom link to attend by: 1) Going to your "Calendar" tab 2) Clicking on the event Hope to see you all there, Kyle
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New comment Sep 5
Big things on the horizon!
1 like • Sep 3
🎉
1-10 of 27
Bennett Lubsen
3
1point to level up
@bennett-lubsen-3892
I was born at a very young age 🥳

Active 10h ago
Joined Apr 16, 2024
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