What does “doing well” mean for you?
Making money – does that mean you are doing well?
You could be making money, but in the bargain, your life could be out of balance.
In my world, that’s already a fail.
Ideally, I like to keep the market in my pocket, and be in some sort of balance, such that a feeling of well-being is generated.
What am I feeling happy about?
Firstly, about defining my market scope. I have outlined how I wish to interact with the market. I’ve not allowed the market to define me. That makes me happy.
Secondly, I’ve stuck to my strategy. Before that, I found my strategy. Phew!
Now you try it out.
The market shouldn’t bother you after you’re done with it. See to it. Programme yourself in such a manner. Once you’re done with the market, you can then utilise your time for other vitally important things in life. If the market were bothering you with its constant nag, you would not be able to do these things properly.
Congratulations, your life is now rounded off, and not mono-faceted.
Sticking to a winning strategy when things are not going your way is going to see you through.
I know, the urge to call it off and look for a new strategy is huge when your current one seems to be going South. However, you’ve tried and back-tested your strategy. It should hold and then some. Now, have the confidence to stick to a plan.
I’ve not spoken about money.
Because, mostly, money goes on auto, when these basics are standing strong.