Okay, so I want to start by saying that I know that time management is not the sexiest of subjects, but the truth is, quite frankly, the time management is one of the biggest factors that will either make or break your success as a trader pie. Management has always been one of my biggest struggles and still is to this day. For example, when it comes to me, it's really important that I film consistent YouTube videos even if that means that at times I have to film in my kitchen. Not something that I prefer to do, but because I have a specific goal in mind I have to execute on it regardless of the situation that comes.

Video will teach you how to focus on the highest return activities and how to completely get rid of the ones that aren't yielding any return. And I've met people on both ends of the spectrum when it comes to trading, people who spend way too much time in front of the charts and then people who complain because they don't have enough time to spend in front of the charts. And frankly, I don't have my head in the sand I Understand that many of us have life commitments such as school work, frolicking in the forest. A lot of my viewers are probably also spending a lot of time with retirement golf.

We have a lot of retirees I love their retired. and of course, you can forget that lifelong commitment of always hitting that ravishing like button. Hey I got you there. The point is, there are tons of responsibilities in life and it really makes it hard to start, train, and start working on goals that actually matter to you.

But you need to get through these if you actually want to achieve anything. and I've had to struggle, everyone's had to struggle and it's really a lifelong fight. And I hope that I'm going to be able to provide some value to you in this video. but for a little bit of backstory for me: I really lucked out in the fact that I discovered trading when I didn't really have many responsibilities and that was in high school and then I went to college at UC Santa Cruz our mascot is the banana slug because everything goes slow.

So I had a lot of time to spend practicing my trading I would spend five to six hours every single day. A lot of it wasn't even trading, it was mostly practice and research and looking into what other people were doing and trying to adapt it into my own style. As you know, you could spend hundreds of hours and not really see any results in the trading. So I kept doing it over and over and over again and this was really great because in college you only have a few hours of classes per day and to be honest, you don't even really need to go to those.

There's very few classes that are mandatory, so I went to the ones that were completely necessary and they were always afternoon because I scheduled it that way so I was able to spend a large amount of my time just practicing trading and this is of a privilege that a lot of people don't have a lot of people that watch these videos. they have full-time jobs, they have kids blah blah blah I didn't have any of those things, so that was a huge advantage that I had over a lot of my viewers. So I do want to put that out there and living on the Pacific coast? the market opens at 6:30 a.m. so it's before any sort of classes would even take place and most of the relevant price action happens in the first few hours anyways.

So during college, I had the ability to spend most of my time studying and practicing different strategies. I had the ability to consistently fail without any ramifications, which ultimately led to me being more successful as a trader during the summers of college. I also managed to get a part-time job in an underground vault, which was really interesting and this gave me the opportunity to consistently add more money into my trading account as well as my long-term investing accounts. But anyways, fast forward four years that I now have a bachelor's degree.

some great memories from college I have a trading career and I now have a youtube channel which I'm very proud of with over fifty thousand subscribers and over a hundred videos. and I also have the ability to film videos in a suit in my kitchen while also convincing folks like you to watch me which is kind of an accomplishment. And while these things may not sound like huge accomplishments, each of these things took me a lot of time and consistent daily effort to achieve unless I do feel like I have something to contribute in terms of talking about time management. So with that being said, we're going on to tip number one.

Now tip number one is to put first things first. This may sound cliche, but it is also important. The activity that is most important for your future should always be put first for me. I had the luxury of putting trading first as the most important activity because that is what mattered to me the most.

but you need to understand what it is that you're prioritizing and then make sure to prioritize it first. When it came to me, for example, I was always able to put my trading first first thing in the morning because 6:30 a.m. I wake up at 5:30 I look at the pre market I trade I practice my strategies and then I go on and do everything else that I need to get done. But the luxury of trading was that the first thing every morning I could just take care of that.

And there are inevitable days where you don't feel like doing it, but you do it anyways because you're putting first things first. These are the things that are most important to you and for me. The other things were of course doing schoolwork and go into social activities. These are big things when you're in college.

I was working on a bathrooms degree at the time, so I needed to learn how to trade I need to build a trading career in a trading future for myself while also completing my bachelor's degree because that was something else that I saw is important to me. And of course there are social experiences that I wanted to be a part of as well. Unfortunately, when it came to social experiences, I didn't do as much as I should have in hindsight, but I did join a fraternity and had a girlfriend, bunch of different things, met a bunch of different people and really had a great time while also building my trading career. My trading skill set and some other skills in terms of marketing and building a YouTube channel.

tip number two is one of the most important than that is to create a plan and give things a reasonable and concrete time span to have them completed. I Always say have a plan when you were trading and that's so true when it comes to time management as well. Put simply, if you are not planning to succeed, you are likely planning to fail, but make sure that you set a concrete amount of time for which you're going to complete. These tasks that are important to you work tends to expand to fit the time that you give to it, so make sure that you're planning accordingly.

Make sure that you're not giving yourself too much time, but you're giving yourself just enough time to complete the tasks that you need done. For example, if I'm going to go and research Biopharma stocks, I'll say okay, I'm going to spend two hours researching FDA Catalyst stocks for the upcoming month I do these videos every month on the upcoming biotech stocks. but I also do this research for myself and I've been doing that research for myself for quite a while, but I found that when it comes to this research, 80% of my results come from 20% of my efforts. So I'll focus on the 20% that yields the highest results.

For me to be specific, for example, finding the dates of the catalysts, the FDA approvals that I always talk about, and the number of insiders buying or selling. That's fairly easy. It doesn't really take that much time, and it also yields a much higher return than actually going in and digging to see who these individual insiders are, what they're buying and selling, and what actually happened, and what actually happens with what they buy and sell. What are the patterns? What are the trends? Those things are also valuable, but there's a much higher return from literally just finding the dates of the catalysts and the number of insiders.

Buying or selling. insider activity is a huge thing. It came to my schoolwork I found that it only took me a couple hours to write say a B+ paper and it would take me like 10 to 20 hours to write an A-plus paper. So in terms of prioritizing, what mattered to me: knowing that I had a limited out of time in every single day I'd always opt for the most time-efficient option.

This may make some folks cringe who love academics, but for me, it was never really that important I just wanted to get the main points and then move on I Enjoyed being in college I enjoyed the classes and I enjoyed the social experience. But simply put, perfection never matter to me. Didn't really make a difference whether I got a B or an A I ended up doing well overall because a lot of the other students at my school didn't really care that much about academics either. And then we have curves so it worked out for me.

But for you, if you're a new trader, this may mean giving yourself a certain amount of time each day, say a couple hours to watch trading videos and practice trading on simulated trading platforms. One of the great things about being a new trader is that you don't actually have to really get up. You could just trade simulated at any point. You could use a on-demand rewind platform to just go back and rewind and trade on price accent you haven't seen before, but that you're practicing on that actually happened now.

Number three has a lot to do with laziness. Now, if you don't feel like doing something, just start doing it and then you'll find that there's a snowball effect. It's a lot easier to continue doing something once you've started doing it actually works both ways. It's also a lot easier to not continue doing something if you haven't been doing it.

like if you're procrastinating and you just stop doing something all of a sudden it gets harder and harder and harder to do it as the snowball gets bigger. But if you actually take the steps to just sit down and get done what you need to get done, then it snowballs and it becomes easier to put in more and more effort when it comes to me. I Love filming these YouTube videos and I do them all by myself. A lot of people think I have a key I have a few people that help me with the zipper in a circle Facebook group.

but in terms of the video editing I have done all of it myself and I love it 90% of the time. but every now and then I'm adding arrows to these charts and I hate adding heroes. It just seems like such busy work it's really boring I don't like adding the little arrows that point to what I'm talking about, but I feel that it is important for the viewer to see these arrows so that they understand what I'm talking about and so that I can get my message out as efficiently as possible. and I think these arrows make a huge difference and thus I make the effort every single time to add the arrows and once I force myself to do it, it starts snowballing and it becomes easier to do so.

Number Four is never assumed that spending more time doing something necessarily means that you're going to be better at it. I've talked about this before, but our culture tends to glorify folks who spend a ton of time hustling. But the funny thing is that until very last day on this planet, we all have about the same amount of time 24 hours. But people think that the amount of money you make or the amount of progress that you have is directly correlated with how many hours you work.

and that is probably true. Successful people on average probably work more than the average person, but if you look at someone like Jeff Bezos the CEO and founder of Amazon Mister 100 Billion Dollars even after his divorce, do you really think he got that way because he works 100 million more hours that you do? Of course not. There's not that many hours in the day. That's just not possible.

This is the classic argument between working hard and working smart. Successful people aren't successful because they work more hours than you do although many of them do, but they are successful because of what they actually do during the hours that they are working. So my point with this one is focus on the highest return activities and get rid of the rest and it's more important to focus on your ideas, your new strategies as compared to just sitting there in grinding hour after hour. Ok and tip number 5.

So tip number 5 is know what you're working towards. For me, it's always motivational to understand and completely see the progress as I'm putting in the work. One of the biggest be motivators is putting in a lot of work towards something and not seeing any sort of progress. You want to see some sort of progress so that you can be motivated to know that you're doing the right thing.

For example, with trading, you contract to see if your profits are getting better, if your percentage gains are getting better, or if your account is growing overall. But this YouTube channel have the ability to track to see if I'm getting more views if I'm getting more subscribers, if I'm getting more people hitting that ravishing like button and so on and so forth. But the point with this tip is to set measurable goals and then track your progress. Progress is very addicting and will keep you motivated.

Tip number six. Now, tip number six is to schedule a day that you'll actually enjoy. Quite frankly, in my experience, you won't be able to sustain yourself in any sort of goal nonetheless as a trader if you aren't scheduling a day that you actually enjoy. Because eventually, even if you're successful, if you hate every single day, what was the point? So set a sufficient time each and every single day at which you focus on the highest return activities and you limit the ones that you don't care about so that the rest of your day can be spent doing things that you really enjoy.

Now I Really enjoy trading and I think a lot of you do as well. But that doesn't mean trade all day. It means have some variety if you're trading for five hours every single day. If you're trading to do in trading research for five hours every single day, then maybe for the rest of the day you're going to be spending time with your kids, your family, your girlfriend, your boyfriend.

I Don't know what you have. Maybe you're at the gym, maybe you're just going outside and taking a walk, but whatever it is, make sure you have some sort of a ride in your life. As you can imagine, this is one of the hardest things for me because I Spend a lot of time filming videos I Film a lot of time editing videos I spend a lot of time trading I spend a lot of time researching and monitoring my different platforms on social media and all of these things take a lot of time out of my day of course I wouldn't have it any other way but I do acknowledge that I need to get outside more and that's why since graduation in G What? I've been trying to get outside more I've been going and visited my family I've been I went to Hawaii I went to Tahoe I went to a bunch of different places but at the end of the day I don't mind spending a lot of time doing things that I really care about which is trading and my youtube channel and a few other projects that I'm working on. But anyways, folks I do hope that this video is helpful if you have any questions.

Feel free to reach out to us below or join our free Zip trader circle Facebook group. We also have a discord chat, a trading tutorials, playlist, and a bunch of other resources to you. If you do join that zip trailer circle Facebook group link in the description. Anyways, folks, have a great day and I'll see you in the next video.