How I got into Bradford University with two poor ‘A’ level grades and a fail I don’t know. Maybe it was something to do with the course I was doing that not many wanted to do, or maybe it was the letter from my school headmaster that clinched it, giving the sob story of my poor secondary school education. (At the age of 11 I had failed the grammar school entry 11+ examinations and was confined to the dustbin of secondary education in the UK.) Anyway I was there and was at the freshers clubs signing on day, where all these university sports, arts, political, etc, etc, type club officials were sat behind tables in a hall signing up new members from the fresher community at the start of the new year. After about two minutes I finally decided that having watched a few Bruce Lee films I would like to learn how to beat the living crap out of someone, so I signed up for the karate club. Now my first club session commenced with the black belt instructor standing in front of about thirty new recruits and telling us that he would be highly surprised if there was more than five of us still attending in about six months time, and by this time next year if more than one or two of us remained. That was how it always was. We were told the main session was on the Wednesday evening, but for those interested there was also a Saturday morning session and if we really wanted to take it seriously there was a local club away from the university that he ran, and we were welcome to attend. It was noticeable on the first Saturday session that there were less than half the new members attending and gradually as the year moved on there were less and less attendee’s on both sessions. On one Saturday morning it was just me and the instructor. Anyway during the one to one session, the instructor tried to teach me how to do a side kick with power. I had to learn the difference between pulling a kick when sparring so not to hurt the opponent and how to create Follow Through with power when kicking the punch bag.
Well that’s where I’m going to leave the story for the moment and now want to introduce you to Scott Welsh. Scott is a professional tennis coach in the US, he is also a trader. With Rob Booker he does a motivational podcast called ‘ The Rise and Shine Podcast ‘ http://riseandshinepodcast.com/ and he blogs about his robotic trading at http://tfl365.com/scott/ . I like the little motivational letters that he sends out like the one I received today;
I’ve got some exciting things coming up soon, but it’s Monday so that will have to wait.
On Mondays, I like to share some stories and quotes that have meant something to me. These sayings have changed my life in one way or another, and I hope they make a difference for you too.
“Focus is a matter of deciding what things you’re not going to do.”
“Individuals with written goals were 39.5% more likely to succeed. But there’s more to the story. Individuals who wrote their goals and sent progress reports to friends were 76.7% more likely to achieve them.”
Seinfeld told him the key was to write jokes every day. And the way he’d figured out how to make that happen was to hang a huge annual calendar on the wall and then put a big red “X” across every day he worked on his craft.
“After a few days, you’ll have a chain,” Seinfeld said. “Just keep at it and the chain will grow longer every day. You’ll like seeing the chain, especially when you get a few weeks under your belt. Your only job is not not break the chain. Don’t break the chain.”
Talk to you soon,
Now Scott is a sports coach and with that in mind he understands only too well why so few succeed in sport. Why so many drop out without achieving their goals, just like my karate instructor explained would happen on my first session. It is not only sport, it is any endeavour people set out to do. Yes why do so many fail at trading and why do so few succeed? Well Scott has written a short pdf ebook on this, which you can download for free at his blog, http://tfl365.com/scott/ It is a very interesting read and very motivational if you are wanting to succeed at trading. At this moment in time it is attached to his March 18 blog post ‘What Are You Prepared to do?’
Yes why do so many people pull back from their goals and so few Follow Through? The answers for me are in that free little ebook Scott has written.
Now back to my own story. After about ten months I was to attend my first karate grading to gain one or two stripes on my embarrassingly white belt. It was on a Sunday morning, not a good time for me. Every Saturday night I was out with fellow, like minded students, on the lash. Knocking back pints of Tetley’s Bitter in ‘The Shearbridge,’ public house, followed by a Bradford curry special in ‘The Shimla’ restaurant next door. Well next day as you might expect I was worse for wear, but I still managed to attend the grading, such was my determination to achieve my goals. All was going well as I went through the sequence of punches and kicks in front of the judges, until I had to demonstrate the power and Follow Through I’d been trained to show, with a series of high kicks. As I was letting fly with a magnificent high rocket of a kick, suddenly the beer and curry in my guts decided to waken up and I farted, then I nearly Followed Through in a different sort of way. I had to excuse myself and walk off the training mat with buttocks clenched, so I could make it to the toilet without crapping myself. And that was the end of my foray with karate. I never went back again. It wasn’t very professional to be out the night before the grading and I got what I deserved. I’m sure Scott explains in his ebook better than I could, the reasons I was always going to fail. Rob Booker has recently explained to the 40% club of which I’m a member what the requirements for a short term aggressive trader are. 1. Emotional stability, 2. A fiercely independence individual, 3. Willing to sacrifice. It is number three I failed on. I wasn’t willing to sacrifice my night out to be prepared for my grading. I was never going to truly Follow Through and attain the goal that all those thirty new students all thought they might achieve, (at least me anyway), the Black belt.
That’s it for now and I don’t drink that Tetley’s stuff any more, it’s mass produced chemicals. I rather the real micro brewery stuff like I’m going to have a couple of pints of now in ‘The Rowditch’, in Derby.