This article is about how to generate consistent results no matter what you do in life whether you're trading, investing in real estate or anything else.
We're going to talk about what I found and how YOU can produce consistent results!
Right now I’m traveling, as tomorrow I’m giving one of my boot camps. My team is currently setting up in the hotel, and they’re using a system. And that’s exactly what I want to talk to you about today - having a system.
It doesn't really matter what you do, you need a system.
First of all, 'system' is an acronym and it stands for: Save Yourself Stress, Time, Energy, and Money.
For a trading system, what do you need? Well first of all, you need to know what you are trading. Are you trading stocks or options? And if you're trading stocks, what stocks are you trading?
We also need to know when exactly you’re entering. And you need to know when exactly you’re exiting a trade, right? Whether it’s with a profit or with a loss. You need to know your position size. How many shares you’re trading.
You’ll see that if you follow a system, you should get consistent results.
Let's talk about a system. One of the simplest systems that you know is a recipe, right?
If you like to bake or cook, you know that you have a recipe and the recipe tells you exactly what you need and what you need to do, and in what order. It’s the same with trading, right? And it’s the same with investing in real estate.
Let’s use traveling as an example. When I pack my suitcase, I can do it in 10 minutes, sometimes even less. 8 minutes, 9 minutes. Why? I have a system. I know exactly what to do.
Above I mentioned that right now my team is setting up for a live event and they’re using a system. By doing this, we get consistent results. Again, it doesn't really matter whether you are trading or even making a coffee.
I mean, different places have a certain way on how they make coffee, for example: Starbucks has perfected it, right? Whether you're a coffee bean guy or a Starbucks guy, Starbucks produces consistent results by using the system every time.
The great thing about a system is that you don't have to reinvent the wheel.
For example, with the recipe, if you follow a proven recipe and you do what it says, you should achieve the same results.
The same goes for trading, if you're using the system that I’m using, and you simply follow it, you should get similar results. That's the beautiful thing about a system.
Again, system stands for: Save Yourself Stress, Time, Energy, and Money because think about it, if you try to invent your own trading system, it can be really frustrating, right?
It might take a lot of time. And if you make mistakes... I mean, in this case, it could cost you quite a lot of money. It can be very stressful. If you follow a proven system, you can save yourself stress, time, energy, and money.
Look for systems.
I personally am obsessed with this. I like to implement systems whereever I can in my life to make it easier for me and to put things on autopilot.
You see, especially when trading, you want to leave the emotions out. You want to be consistent over and over again for consistent results. You need to use a system.
I hope that this article helps you. And if you’d like to know what system I'm using for trading stocks and options, then I hope that you’ll join us at one of our live events. You can register by going here: https://bootcamp.rockwelltrading.com/free/stock-trading-bootcamp-all/
Some of the events I do personally, like tomorrow. Sometimes my schedule doesn’t allow me to, and when that happens, you’ll have a coach that has been personally trained by me.
Sign up! Come out! I’ll show you the exact system that I use for trading stocks and options, and if we meet in person, we can talk about some other systems.
Systems like how to pack a suitcase, how I like to make my coffee, or how I like to cook my steaks. I have a system for cooking my steaks and they're coming out awesome!
Feel free to share this article with anyone who might find this helpful, and I hope to see you soon!