Announcing the opening of our new Trading Rooms
We are excited to announce the opening of our new suite of Trading Rooms. Trading and investing can be lonely and since most people like the interaction and fun of having other people around to share strategies, tips and techniques, the Trading Rooms are an ideal way for this to happen. The idea is for people to come in and trade during the week together with grads and traders. The Trading Rooms come fully equipped although you can bring your own laptop with you. The Rooms are located 3 mins walk from Elstree and Borehamwood station, and just off the M25 and A1. If you are a trader and want to trade with other traders, then please let me know at marcus@investment-mastery.com.
Gold and Silver Update
At the weekend we had our second Gold & Silver Club of London meet. Phil Carr discussed 3 strategies, including a short term and a long term one to take advantage of these precious metals. With the current bull market far from over, we are looking to make a lot of money over the next few months trading and investing in Gold and Silver. Personally I favour Silver because it is so much more volatile and has more trading opportunities. Don't wait to get into Gold & Silver - get into Gold & Silver and wait.
Graduate Meeting - Personal Effectiveness and Business Mastery
We had a great grad meeting with a talk about personal effectiveness followed by Pa Joof, Tony Robbins' trainer doing a training on Business Mastery and finally a graduate, Anthony Stavrinides, talking us through how he made £5,000 on spreadbetting binary bets. It was great to see the room packed out - thank you to all the graduates who attended.
Our top tips on personal effectiveness are:
1. Plan the day before so you can enjoy your evening and attack the plan first thing. This is part of a broader plan where you know where it is you want to go. All tasks should be taking you towards your goals, otherwise why are you doing them?
2. Always concentrate on the big £10,000 tasks first (not the 1 penny 'clearing email' tasks) also known as Brian Tracy's 'Eat that Frog' approach.
3. Remember that it is not possible to time manage, you can only manage yourself.
4. Ensure you win the Effectiveness game by dividing up your 'To do List' into 3 levels:
a. Minimum you have to do that day. You cannot go home until you have achieved these. Never have more than 3 things on this list to ensure you get home
b. Expected - 3 tasks that you expect to achieve today. Never have more than 3 tasks on this list
c. Outstanding - 3 tasks which if you did them would be amazing. Never have more than 3 tasks on there. The key is that you cannot start the Expected List until you have completed the Minimum list.
5. Manage your energy and take breaks when you need them. Know when your key productivity times are when you have the most energy and schedule your tasks around that. If you know you have an energy dip around 3pm, there is no point starting a new project at 3pm.
6. Avoid distractions. When concentrating, turn off emails, skype and mobile phones. Have a clear 'Closed Door' policy with a sign on your door that if it is closed, you are not to be disturbed.
7. Bookend your day. Ensure that you finish off all the small bits at the end of the day so you don't think about them later or have them lying around first thing in the morning.
Make sure you come and visit us at our new trading rooms soon.
Until next week
Marcus
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