Goals revisited

It's Sunday night and I am looking at the goals I wrote down for the week, evaluating my position and progress.

Goals are a fluid entity, as pliable and changing as water as you move towards the ultimate gaols you set 5 years down the track. The ultimate goals are your destination, a big dam you want to fill, so to speak, and your daily weekly and monthly goals the river on the way to the dam.

If we follow that line of reasoning we can assume the following: as water runs down a hill and you build the first pipeline, you will encounter certain obstacle and challenges, making you divert the course you laid out originally , around a rocky outcrop, under a small hill etc. When you get around the obstacle and the pipeline is built (weekly or monthly goal complete) you might find you aren't 100% aligned with the dam anymore (your ultimate goal). So you have to reset the next direction, making minor adjustments to your plan, so that your will ultimately reach the dam and fill it up.

The only way to check that you are heading towards the dam is to do exactly that, CHECK! Every week you should sit down ( I do it on a Sunday evening ) and read through the goals you set for that week, evaluating each and every component, ticking off the goals you achieved and redirecting the goals you didn't. You may have achieved a lot more than you expected to, and need to possible speed up the goal time line.

Over the first 3 weeks of trading CFD's I far exceed the point I had anticipated, in my acquiring of knowledge and the number of shares that I traded. On the other hand the market took a small downturn, and my profits are now small losses, but still in positions that I can profit from when the up turn comes, which it will. Am I panicking, you ask? No, not at all, I am just going to adjust my weekly goals and set off again. It will be a great week, full of achievement as I tick the goals off, still heading on to my ultimate goal of "BUYING TIME", 5 years down the track.

What gives me confidence is my ultimate goal, it makes me not panic because I know there are a million steps before I get there. So when I wonder if I am going in the right direction, I relook at my ultimate goal, and rewrite my daily weekly and monthly goals. Then it's easy because I know exactly what to do tomorrow, and the next day.. it is so simple.

"BUYING TIME"...I love it.