I want to share with you one tip that is simple to do but unfortunately most people will not do it just because they will not take the action behind doing this tip.
It is very tough to take action on things. It is very easy to understand things, but it is more difficult to take action.
Tip: Become a Trading Educator or Mentor
When you are teaching others or helping others, it forces you to take your study to a deeper level because you have to see things from their prospective and go into their mind and learn how to figure out their problems that they’re having.
So by becoming an educator or a mentor to help teach someone to teach them your area of expertise or advanced knowledge, even if you don’t have a lot of knowledge you may have more knowledge than they have. That will help them out and it will also help you out because it will force you to study a little bit more.
I have found that through my own personal experience by writing books or even creating DVD courses that it really helps to take my trading into that deeper level. It forces me to go back and study the foundational material. It forces me to go back and reevaluate the things that I am learning and the things that I am applying in my own trading skill sets, in my own life, and so forth.
So if you are able to help other people out or able to become a mentor or even just blog online or even comment on other peoples posts where they have questions it will force you to do some research and study in that area.
For example if you are trying to learn how to play the guitar a little better and you’re trying to figure out what cords to create or play or how to set up the cords on the guitar, than you might want to go and look at people who have questions about how to set the fingers up for the cords.
The same thing goes with stock trading. If for example you find people that do not understand charting than you might want to go into websites or areas where people are struggling with stock charts, with stock trading, or have questions. You can even help people on YouTube that have questions. Go ahead and answer their questions and give them feedback.
You may have to do some research, and it will take time, but it’s going to force you to do some studying. It is going to force you to do some due diligence and that way you know the information better. By becoming a trading mentor or a helpful guide, a guru, or even just someone who helps the community out in whatever medium that you want to, (any social network platform any person to person interaction) it is going to help you that much more.
This will force you to learn the material, dig deeper into it, and reevaluate what your current stance is on the material that you have already leaned and digested.
This is my challenge to you. If you can go ahead and become a mentor for someone than do it. If you can’t than just pick a website, a blog that has comments, and just start interacting with people on there. If someone has questions than try to give them some feedback and answers without being negative about their questions if you find it simple because we all start at the bottom.
So do your due diligence, answer as many questions as possible. Help someone out. If they want to become more interested, more fascinated in stocks, and you think you can help them out or at least take them just a little bit further, than do so because it is going to benefit you just as it is them.
That is how you take your trading deeper, that is how you go back and restudy the information. This is a really helpful way to do that because you are helping so many people out there that are looking for similar topics that you are interested in.