This is a YouTube video titled "Trading Psychology - The HUGE Cost of Procrastination" containing a monologue or talk focused on the financial and psychological impacts of procrastination in trading. The speaker discusses how delaying seeking help or mentorship can lead to significant financial losses over time due to missed compounding growth opportunities. The content is motivational and educational, aimed at traders to encourage proactive behavior.
You know, there's an absolutely insane cost to procrastination. Now, of course, you know, hesitating on individual trades, hesitating to get in when you should or get out when you should. There's a price that goes with that. But what I'm talking about is procrastinating on getting the help that you need and, you know, finding out the. Finding that mentor or the resource that'll help you get your trading working the way it should. There's an insane cost to it because if you look at it over time, over a span of a few years, it can be, it can cost you ultimately, you know, six figures. Even if you're starting with just the $10,000 account, because you're not, you're not being able to take advantage of that compounding. That's going to end growth. That's going to, it's going to take place. So five years from now, if you procrastinated even for a year, it can cost you over $100,000 as far as where you would be five years from now. But if you get, if you go ahead and stay after it, stay really, you know, keep it urgent to get your trading working right, there's a huge payoff down the road. So attend to that. Don't procrastinate.