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Site Administrator Swing Trader Data Scientist & DevOps
Experience: Advanced
Platform: Custom solution
Broker: Collect them all
Trading: Equities, Futures & Crypto
Posts: 49,965 since Jun 2009
Thanks Given: 32,943
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Hi Beth,
You can do it. You have to believe in yourself. And you have to set positive forward thinking goals and do them in bite sizes slowly over time.
Close your eyes. Breath deeply. Exhale. Relax. Sit quietly for 60 seconds. Now, with your eyes still closed, picture yourself and your husband in the future. Picture yourself near the end of your lives together. In old age, you have each other, you have love and you have happiness. Now, slowly go backwards in time from this moment and rewind it in your mind back to the present. Make some pit stops along the way, picture yourself every 5 or 10 years. Picture what you are doing. Picture what is making you happy, who is surrounding you, the events of the moment. Picture yourself trading. Picture what it feels like before you start trading each day, during the trading day, and after. Picture how relaxed you are, how good it feels each morning when you wake up. Picture yourself enjoying life. Picture yourself looking forward to placing trades, and picture yourself executing those trades well. Now picture yourself at the end of a trading day, spending time with friends and family, being happy, enjoying life. Look around you, see what is important.
Keep doing this and keep moving backwards in time until you reach the present. Doing this exercise should help you envision your goals and aspirations as a person, and help you feel calm and confident in executing them.
My heartfelt thanks Mike for the positive forward and backward thinking exercises! I almost forgot about them. I am very fortunate that I came across several innerworks (incl NLP) methods .. and it's time to make use of them. Yes yes yes Positive Thinking/Envisioning is extremely effective and important. Also bearing in mind that our subconscious cannot tell it's our imagination or really happening. She's so Cute haha .. We can easily make her (or him) believe and then without our knowing it's happening!
Correction to my earlier post: Nelson and I are Happy & Healthy now. It's our life goal to continue with this positive lifestyle while sharing our success with more people.
Beth (I forgot to add that my emotion was fine when I was during and after the losing trades this morning. It's a belated recognition and I am surprised .. haha ..)
The following user says Thank You to wgreenie for this post:
As someone who just went back to live trading I can see subtle differences in my willingness to click the entry button between real and sim. Have been striving for them to be exactly the same and this week fell a little short.
I would love to hear some comments from anyone who has previous experience with a Live Trading Room for Forex. If there are actually any Trading Rooms out there that aren't a complete ripoff. Thanks.
Beth
The following user says Thank You to wgreenie for this post:
Thanks ZTR for the kind reminder. I have the enclosed on my vision board and have been reading them once a week. After last week, I realize a weekly viewing is not enough. Am having a second copy next to my main trading station now.
Yes, it will be interesting to accomplish the "In The Zone" milestone .. smile .. Wish me luck!
Beth
The following 2 users say Thank You to wgreenie for this post:
Here is a little B-day present for you... More reading material .
Like Mike emphasizes over and over again, your psychology and mental state is what will determine your success in trading. Your sim trading has proven your ability to stay consistent, to stay disciplined and see trades through. Because you were taking sim very seriously (And not going HEY LETS BUY 3, no make it FIVE Contracts and see what happens) it shows your 'practice first and then practice some more' has payed off.
Dr. Brett Steenbarger's Blogspot...lots of goodies for 'ya
Price closed at 1071.75 Friday. If we are going to have a 2-digit gap up or down overnight, enclosed VPOCs should have enough room to acccommodate that.