The trade worksheet helps put you in control of your trading. Calculating your profits and losses ahead of time lets you know if the risk you are taking is a risk worth taking. This is how you gain control of your trading. You become prescient on whether the opportunity you are taking is a good one or not. This puts you ahead of the majority of traders who simply fly by the seat of their pants.
Another recommendation for parents is to not allow children to utilize calculators at an early age. Children need to first develop their brains to be able to do mathematical computations on their own. Constantly using calculators at a young age can stunt the mathematical growth of children. If children develop math skills by mentally thinking of the answer to simple problems, they will be better prepared for everyday life, such as grocery shopping, balancing a checkbook, to name a few.
For example, all children should learn their multiplication tables by the third grade. They should be able to repeat them, verbally, without using a calculator. Children in elementary school who rely on the calculator for the answers are creating math deficiencies, which could have a negative impact on their math development.
Transitioning from your everyday investor to a true speculator can be a difficult road. There is no magic word that instantly transforms you. It is a task fraught with its own dangers and perils. To be successful at it, you need the right set of tools and the proper mind-set with a healthy dose of desire to make it work.