2006 - How are you doing?

Well, we're hurtling towards the end of the first quarter of the year, and it wasn't that long ago that a lot of us were thinking about what we would like to achieve for 2006.

How are you doing so far?

When we are learning a new skill like trading or we want to change our mindset over an old habit we no longer wish to possess, it is virtually impossible to become a master or to change that habit overnight.

We are required to practice and hone our new skill level. Especially when changing non serving beliefs and habits, it is so very easy to slip back into the ‘Old Way’ of thinking or doing.

I just wanted to remind you, to not give yourself a hard time if you see yourself slipping back or failing to master a new skill set fast enough. Instead “Keep Your Focus” on the end result by reminding yourself at least daily about what it is you want to achieve.

Keep your focus!

Higgins knew how to wax on, wax off.

Here's a story that might help you with your trading:

There was a 10-year-old boy who decided to study judo despite the fact that he had lost his left arm in a devastating car accident. The boy began lessons with an old Japanese judo master.

The boy was doing well, so he couldn't understand why, after three months of training, the master had taught him only one move. "Sensei," the boy finally said, "Shouldn't I be learning more moves?" "This is the only move you know, but this is the only move you'll ever need to know," the sensei replied. Not quite understanding, but believing in his teacher, the boy kept training. Several months later, the sensei took the boy to his first tournament. Surprising himself, the boy easily won his first two matches. The third match proved to be more difficult, but after some time, his opponent became impatient and charged; the boy deftly used his one move to win the match. Still amazed by his success, the boy was now in the finals.

This time, his opponent was bigger, stronger, and more experienced. For a while, the boy appeared to be overmatched. Concerned that the boy might get hurt, the referee called a time-out. He was about to stop the match when the sensei intervened. "No," the sensei insisted, "Let him continue." Soon after the match resumed, his opponent made a critical mistake: he dropped his guard. Instantly, the boy used his move to pin him. The boy had won the match and the tournament. He was the champion.

On the way home, the boy and the sensei reviewed every move in each and every match. Then the boy summoned the courage to ask what was really on his mind:

"Sensei, how did I win the tournament with only one move?" "You won for two reasons," the sensei answered. "First, you've almost mastered one of the most difficult throws in all of judo. And second, the only known defence for that move is for your opponent to grab your left arm." The boy's biggest weakness had become his biggest strength.

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One market, one pattern and win.

What's your one thing for 2006?

See where wax on, wax off gets you!