Long-Term Vision in Trading: Why It Matters

by | Jun 28, 2023

Becoming a world-class trader takes more time, focus, and discipline than most human beings can muster…

This is why 90% of traders FAIL, often blowing their accounts up and going back to their day jobs.

But over so many years of watching certain traders flourish while others stumble, I’ve realized that a big part of trading success is something that many students overlook…

You must understand the big picture of your trading journey!

Too many students want to jump into the shark-infested waters of the stock market immediately, without grasping exactly what it’ll take to survive. 

With that in mind, keep reading and I’ll show you how to have a long-term vision as you learn the art of trading…

Deliberate Practice and Studying

A lot of newbies enter the market and start trading immediately, without any true preparation for what’s ahead…

But this is a way to nearly guarantee your failure. 

If you wanna be an incredible trader, you must be willing to put in hours and hours of hard work before you begin active trading.

Here are a few of the study steps I recommend taking when you’re preparing your strategy outside of market hours:

  • Build, reorganize, and update your watchlist…
  • Mark up your charts with technical indicators…
  • Paper trade to backtest both new and reliable strategies…
  • Make a game plan for how you might trade the stocks you’re watching…

Beneficial studying involves setting specific goals, receiving feedback, and engaging in repetitive and challenging practice. 

It’s estimated that around 10,000 hours of deliberate practice are required to achieve mastery of a specific skill. 

Why can’t veteran trader Tim Bohen stop laughing?

He says he’s just identified the ultimate revenge trade…

And can’t wait to hear from the haters.

Last year, people who doubted him missed out on the opportunity to make EIGHT TIMES their money.

However, remember that every trader is different. This number should be taken as a rough guideline. 

It may take you far less than 10,000 hours to get your footing in the market, or it could take considerably more time…

And always keep in mind that the quality of your studying is just as important as the quantity.

Learn at Your Own Pace

Have you ever felt discouraged watching other traders have more success than you?

I can also tell you that it stings when I see someone who’s put in less time and effort than I achieve greater success. 

Here’s an example: It took me eight years before I cracked $1 million in trading profits. 

And during those eight years, it seemed like I was getting lapped by so many traders. It made me think I’d never get the results I wanted…

However, I eventually came to understand that trading is just like any other skill everyone learns at their own pace.

By taking my time and allowing myself to absorb information at my preferred speed, I weathered the storm and lasted far longer than a lot of those other traders, earning $4 million+ in the process.


Some people are naturally gifted at one thing or another, but the vast majority of us must learn complex skills the hard way — by studying and doing.

So, don’t rush your trading journey. Don’t get discouraged when you see other traders winning.

And when learning at your own pace, always remember the following things:

  • Trading isn’t a zero-sum game. There are trillions of dollars sloshing around the stock market. Just because some other trader makes a few thousand dollars doesn’t mean that an opportunity is being taken away from you.
  • Forget about instant gratification. Don’t expect to turn $1000 into $100,000 overnight. Understand that the vast majority of traders lose money in the beginning. Then, be willing to do the work required to make sure you don’t.
  • Think about the big picture. The best traders I know are the ones who consider the big picture. They take a calculated, long-term approach to their trading trajectory. They have a well-thought-out game plan and execute it consistently

Final Thoughts

Overall, I want you to step back and think about the big picture of your trading journey…

Where are you trying to go? How will you get there? How long do you think it will take?

Answering these questions honestly and taking deliberate steps to reach your goals can potentially set you apart from the masses of mediocre traders out there. 

Meet Mark:

Mark Croock is a former accountant who after studying under Millionaire Trader Tim Sykes turned his small account into $4.11 million in trading profits by applying Tim’s strategies to options trading.

He started Evolved Trader to pay it forward and help other traders learn how to leverage options


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