Summary of "Boot Camp Day 5: Goal Setting"

Key Wellness and Productivity Strategies from Boot Camp Day 5: Goal Setting

Integrate Psychology with Skill Development

Understanding the psychology behind trading (or any skill) is crucial to success, not just the technical aspects.

Set Clear Long-Term Goals

Identify 3 long-term end goals (10+ years out).
These goals can be related to trading or life in general (e.g., managing six-figure accounts, buying a house, personal achievements).
Accept that you might not know exactly how to reach these goals yet.

Break Down Long-Term Goals into Short-Term Steps

For each long-term goal, write down 10 short-term goals or actionable steps that will lead you there.
These should be daily or weekly tasks that are achievable and measurable (e.g., follow trading plan daily, practice risk management, journal trades).
This creates a clear, actionable roadmap instead of vague aspirations.

Daily Commitment to Short-Term Goals

Consistently complete short-term goals every day.
Small daily improvements (1% better each day) compound to significant progress over time.
Treat these steps like climbing a mountain—there’s no shortcut, just consistent effort.

Use a Notebook or Journal

Write down your long-term and short-term goals in a dedicated notebook.
Regularly review and update these goals.
Use the notebook as a trading journal or personal progress tracker.

Read and Vocalize Your Goals Daily

Read your goals aloud at least five times a day, using present or future tense affirmations:
- Use “I am” or “I will” instead of “I want.”
- Examples: “I am a profitable trader,” “I will be funded.”
Vocalizing goals helps to internalize belief and align subconscious motivation.
This practice builds confidence and discipline.

Mental Discipline and Accountability

Be unashamed and confident in stating your goals aloud, even in front of others.
If you feel embarrassed, it may indicate a lack of commitment or desire.
Discipline and motivation are key to following through.

Homework / Action Steps

Get a notebook if you don’t have one.
Write down your 3 long-term goals.
Write down 10 short-term goals for each long-term goal.
Commit to completing these short-term goals daily.
Read and vocalize your goals out loud multiple times every day.

Presenter

The video is presented by an unnamed mentor who combines trading education with psychology and personal development, sharing personal experiences and practical advice on goal setting and discipline.