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Sunday, 05/22/2011 12:09:45 PM

Sunday, May 22, 2011 12:09:45 PM

Post# of 4602
TRADING IS LIKE RUNNING A MARATHON:

You simply can not expect to get into this business, dump your savings into it, and expect to get returns like the guys that are talking 800-1500% immediate gains.

I run marathons. I train, and I train hard and consistently. Growing up an athlete, I thought at my 230lb weight a couple years ago that I could jump right into training and it would be a piece of cake. Well, it wasn't. It hurt like hell, and I embarrassed myself on race day. My wife brutally kicked my ass.

It wasn't until I ran into a old time marathoner named Jeff Galloway. Jeff created a marathon system called a 4/1 run/walk philosophy. It states that a 4 minute run followed by a 1 minute walk will prevent injury, make you faster, and you're STILL guaranteed to cross the finish prior to the "fast guys." I've been doing it ever since, and it completely changed the way I think about a lot of things.

If you're not a runner, no big deal. IF you are, it can help. Moral of this lesson is that applying it to your trading plan is very similar to breaking for profits and restarting. You don't run out of steam, you get better and better and you ALWAYS FINISH WITH GAINS BEFORE THE OTHER GUYS!

Jeff Galloway's Story:
http://www.jeffgalloway.com/training/walk_breaks.html

Remember, like trading, most people will quit long before the 26th mile. Fear is the biggest factor.

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