lystn

Hey everyone, Kirk here again and welcome back to the daily call. Today’s call, we’re going to talk about average preparation yielding less than average results. I do have a bone to pick with some people who say average preparation yields average results. I may have even misspoke before when I said that, but I truly believe actually that when you do something average, it actually yields less than average results. I’ll tell you why I think this is so important because I think too many people… Myself, I’ve been caught up in this before and I try literally every single day. I read the same list of affirmations every day and thought processes in the morning before I do anything else. The reason I do this is because I want to elevate my state to a level or an understanding that I want to be more than just average. I want to be way more than average as far as a trader, as far as a business owner, a guy who runs a website education company, a dad, a father, etcetera. I want to be way more than average in all that. But average preparation is going to get you exactly what you’re expecting. If you put in 70% effort, you’re going to get 70% or less of the results that you’re expecting. I say you’re going to get less because you failed to put in more effort. The only thing that you can actually do to improve any state that you’re in right now or anything with your trading, with your life, whatever, the only thing you can do that you totally, totally have control over is your effort. Literally, that’s the only thing you can do, is how much effort… People call it hustle, I just call it effort. How much are you going to put into it? If you’re not where you want to be right now, it’s 100% your fault, 100% your fault. I know it is my fault. In fact, one of my affirmations I read every day says like, “It’s my fault for it to be successful or not or to be exactly where I want to be or not. If I am not a good father, it’s my fault. If I’m not a good husband, it is my fault.” Until you take that ownership and understanding that it’s 100% your fault, if you’re not exactly where you want to be with your trading or with your knowledge of the markets or with your knowledge of a particular strategy or whatever aspect of life you want to be in, you’re never going to improve. You have to almost put forth above average exceptional effort to get really, really, really good results. You have to put in as I say, 100%... I don’t know if I believe the 110% effort because you could really go 100%, but I think that many of us are going 50% at best, 50% effort in what we’re doing. We’re putting in enough effort to say, “I tried” but not enough effort to be accountable to ourselves to put in enough effort to say, “You know what? I’m going to put in so much effort here that it’s almost impossible for me to fail.” That’s really what it comes down to. We’re just like dabbling. We’re just like touching our toes in the water and saying, “I tried to get in the water and I just put my toes in, but I really didn’t make a concerted effort to do it. I didn’t put myself at enough risk or put myself out there enough to actually be vulnerable enough to be successful.” I think that that’s challenging for people. If you prepare like you’re just going to get average results, you’re going to get less than average results. Most people in the trading business or even in the investing business, they don’t care and they put forward average effort into understanding the markets, understanding what investments or what trades they’re going to go into and then they get mad when they get average results, when their portfolio doesn’t grow or they don’t make enough trades and then they have a string of losing trades and they get mad at me or whoever else because the information was wrong or the market didn’t participate. You just didn’t put forward enough effort to understand what actually works and what doesn’t. You didn’t put forward enough effort to understand how to adjust that trade when it went bad. That’s on you. That’s not on me. If you want average results, just prepare and go through things methodically and with a “no can do” attitude, just average preparation. Hopefully this motivates you a little bit. I know it’s something I think about all the time, is I want to put forward way more effort than it’s probably required in everything that I do, so that the result is exactly what I want or better. I’ve never been the type of person where I’m just going to put forward half of the effort. If I’m going to do that, I’m just not going to do it. I’m either going to do something all the way or I’m just not going to do it. Hopefully that helps out with you again today, trying to motivate you a little bit in this psychological battle that we have with trading and investing and just running our life. If it helps out, just let me know. Until next time, happy trading!