Create a Self-Contract
"The best investors make a habit of putting procedures in place, in advance, that help inhibit the hot reactions of the emotional brain." - Jason Zweig
Ulysses famously had his men tie him to the mast to prevent himself from heeding the Siren's call. Pre-commitment contracts help you execute on your intentions and control your emotions. Create a contract in advance to take or refrain from certain actions. Decide what to do while you’re thinking sober before the market tests your resolve.
To record a self-contract:
1. Click the add button at the home journal and select “Create Self-Contract”.
2. Record the details of the contract with yourself.
3. Click Post.
Contract Created!
Once you post the journal entry, the contract will be captured and tagged to the idea entered.
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