Managing your energy

When we get up in the morning, we have a certain amount of energy. It is up to us to decide how we will use our energy and where we will focus it. So how do you manage your energy during the day?

    • What activities energize you and what drains your energy?
    • How do you sequence your activities?
    • Do you try to do everything yourself, or do you focus on your strengths and delegate the rest?
    • How do you deal with stress?
    • How do you motivate yourself?
    • Who do you surround yourself with?
    • How do you manage your energy?
    • How do you deal with the bad news or naysayers?
    • How do you deal with emails, phone calls, IMs and other things that can distract you?
    • Are you being productive or running out of time each day?

    If you try to be everything to everyone, you get burned out.

    You might have heard of the 80/20 rule – 20% of our efforts get 80% of our results. You can focus your energy on the efforts that get you the results, or let yourself get distracted. When you get distracted, you are very busy, however you do not produce the result that you want in the time frame that you want. The choice is yours.

5 Principles of Leadership and Trading

What are these principles?

  1. Knowing why you are in the trading business

You can start by asking yourself:

    • Why are you in the trading business?
    • What was your initial attraction to trading?
    • Are you thinking about it as a business or a hobby?
    • Are you passionate about your trading?
    • Does trading feel like a lot of work?
    • What are your trading goals?
    • Are you enjoying the journey or just focusing on the end result?
    • What do you want to get out of trading?
      • Money
      • Excitement
      • Challenge
      • Power
      • Other things (more…)
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