Trading on Target: How to Cultivate a Winner's State of Mind

THE SECRET FORMULA: DRILL

For many years now, I have studied the art of focus and the people who have mastered it in an effort to create a model for others to follow. As a success coach, it became clear to me that the most successful people were the individuals who had learned to focus and were willing to discipline themselves to stay in this exceptional mental state of concentration. As a coach, I have developed a training routine for traders to help them to develop and maintain their focus. To make it easy for traders to remember, I have outlined this training routine into an acronym, DRILL, which perfectly reflects the essence of the exercise. Here is the training drill for developing focus:

• D—Devour information. If you want to choose where to aim your focus, you must give yourself a platform of knowledge. Without a solid base of information, the space will fill up with fear and uncertainty.
• R—Repetition. You must repeat over and over the actions and strategies that you plan to implement so that it becomes a part of your neurological system and part of your thinking. It has to be in your muscles and the right words have to be in your mind and the passion has to be in your heart. The passion will come from the repetition of the right action.
• I—Illuminate and ignite with intention. You must illuminate and ignite the energy centers of your body. You do this with another “I”—Intention. To create this light and energy, focus on the line of energy from the middle of your forehead ...