Great Goals require Great Sacrifices

Great goals require great sacrifices.  In trading, and in practically everything in life, if you want success, you need to live a focused life.  You need to ask yourself :3 questions

1. What will it cost?
2. What am i willing to give?
3. Is it worth it?

Do not begin working towards your goals until you have counted the cost.  Only 20% of traders succeed. Trading is tough when you are part of the 80%.  Trading is easy when you are the 20%.

As Christmas is around the corner, please allow me to view things from another perspective:

The greatest use of your life is to invest in something that will last, perhaps even outlast your life.  Jesus said, "What good is it for a man to gain the whole world, yet forfeit his soul?" (Mark 8:36).  Do not begin working towards your goals until you have counted the cost.

Back to stocks.  The basket of 10 stocks that I longed 2 weeks ago is now up 2.62%.  I am not one to count my chickens before they are hatched.  Its still early days as I expect something closer to 30% gain. Watch out for my blog as I give an update in the next few days.