“Time is gold.” We've heard
it most probably a gazillion times already, but then again it teaches
us to cherish one of the most important things in life. Time.
Time is really important. It's
something that we can't bought even if we have all of the money in
the world. It's something that if wasted, it cannot be returned to us
no matter what. It's not something that we could save for later
because it would continuously push through regardless of anything
that might happen. But you know what? It's what we do with the time
that makes it very important.
Since time is a very valuable asset and
wasting it would most probably the last thing that we wanna do. Not
to mention that it may also be the one of the most unreasonable crime
for ourselves. Better allocate it in the things that we deem
important. Use it wisely every moment, like it was the last penny in
our possession. Here are some tips that may help us effectively
manage this valuable resource.
Make a schedule and stick with it
Although being spontaneous makes our
lives a bit exciting, it wouldn't hurt if an activity schedule is
already laid for the day. Some of our colleagues, most especially
those with short and super short positions, tend to spend the whole
day trying to earn from every pip. Occupied from dawn till dusk or
dusk till dawn. They seldom take a break to inhale a deep breath of
fresh air or stroll around the corner to appreciate your
surroundings.
But in case your gonna devise your
schedule, just be sure that your schedule has a little room for
unexpected commotions. Make it not too tight but not too loose.
Know what's important
Traders sometimes forget that there are
far better things in life than earning profit in the market. I'm not
saying that we refrain from trading, I'm only pointing out that we
should plan everything out so that we won't be glued in front of our
computer the whole day, watching the market instead of watching our
kids grow. Time is really flying very fast and one day that you may
be surprised that you had spent almost all of your life monitoring
the changes in the market rather than the changes of people around
you.
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