Why Set Impossible Trading Goals?
“Realistic” goal setting is a great thing, but can you push yourself and your trading further by setting an impossible trading goal? Absolutely! Early in my options trading journey, I was called crazy and told by master traders that my return expectations were impossible. But if every person in history had stopped the pursuit of their goal simply because they had no evidence it would work, simply because it was impossible, we would never have seen pictures from space, enjoyed expedited travel by flying in an airplane, or even had the electricity for you to read this message.
By labeling your trading goal as impossible, it activates the problem-solving part of your brain to start to work on the how instead of ignoring the possibility all together. It is very easy for close minded traders to criticize an impossible goal because that way they are safe from the potential fear from even considering and working on something that might stretch them out of their comfort zone.
Use the comments of nay sayers as fuel to expedite you on your path to reaching trading success.
When a goal is labeled as impossible, many open-minded traders will strive harder because there isn’t a great fear of loss because it wasn’t really achievable in the first place…or is it? Proving that the impossible is possible can set a trader up for amazing things because if you achieved the impossible, then what else is possible?
I challenge you to set an impossible trading goal and start contemplating how to accomplish it. The person you become in the pursuit of your impossible goal will be light years ahead of those who wouldn’t even consider it.
LISTEN TO THE SHOW
WHAT YOU WILL DISCOVER
- What a SMART Goal is
- Why you can achieve even more
- How your brain works on an impossible goal
- Identify the lies you tell yourself
- How you CAN make the impossible, possible
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Notable quotes:
“Why would anyone set a goal that they thought was impossible to reach?”
“What is your lost opportunity costing you?”
“Not trying is the worst failure there is.”
