Friday, March 13, 2009

The Power Of Thought


The power of concentration
There are three basic ways to change your emotional state. You can change what you feel by changing its focus, changing their beliefs or change their physiology. These will focus on.

So, what do you concentrate when you sell, it becomes not only your central reality, but also your understanding of reality, and thus affects your interpretation of events and, of course, your emotional state. This in turn affects your behavior. The decisions have an emotional component.

What do you think? You are looking at the possibility of loss? You see the chance of profit?

Those who look only to the possibility of loss, or will hesitate too long when you open a position or to pass the deal. If they are, after all, part of the market, then take away their profits too soon.

Those who only look at the probability of profit, can not protect themselves from losses and to manage losses, etc.

A particularly effective way to direct your focus is to use issues. When you ask questions, you are setting on a holistic perception, which requires a response and takes the truth question.

You ask, "What if I lose? That if I will wrong? That if this deal does not work?" Now see where your imagination should go. This should go to the effects of the loss. You'll be a bad feeling. You lose confidence. You will fluctuate.

You ask "what if this deal will bring more profit? That if this deal actually leads me to my goal? That, if the market will do what I assume he will do?" You'll take the deal and feel confident.

The truth is small BUT: only one reflection of the victory was not enough. You can peregoret. You may not be able to place protective stop orders. Instead, you should focus on probabilities. Ask yourself, "what is the probability of what my methods tell me to do?" This will hinder you start to get a signal. This will keep you from mistakes.

Trade - it is a matter of balance. We must focus on profit and loss, balance and prospects. We must focus on the probability of our methods. We must focus on information that enables us to market. And the only completely reliable information that we receive - it is price action.

Yet, having said all that, really, it's important to look optimistically to the future even if we accept the validity of current news and market action. What if you could learn to control your focus so that your emotional state support your trading activities?

The Power of Belief
"Desire leads to conviction: if we do not usually know about it, it's because the majority of generating belief desires lasts as long as we do."
Marcel Proust

The same can be said about fear. Fear leads to conviction: if we do not usually know about it, it is only because the majority of convictions leading to fears lasts as long as we do. Emotions form of persuasion. Experience and education also form a belief, especially when they are mixed with emotion. Beliefs, in turn, create an emotion. Three ways to change feelings is to change your focus, beliefs and physiology.

Persuading producing feelings and emotions that give rise to the conviction creates a vicious circle. Rarely, this cycle is based on pure reality. If this cycle does not serve your trade, you should make a difference. Beliefs act as filters for our perceptions. We filter out evidence that we do not believe and accept and exaggerate evidence to show what we truly believe. As traders, we depend on our perception. Traders are often so convinced that the market is rising or falling, that they exclude suppress evidence to the contrary, until it is too late. In such cases, you must move over and ask yourself, "that the market has shown me now?" "Something has changed?" "I believe in something that distorts the real picture?"

To what extent, our beliefs about the market, about oneself and the world in general support us? To do anything at all well, we should at least believe in three ideas: it can be done, I can do it, I deserve to do so. Translated into the language of commerce, this may sound like this: the money can be made when trading in the market, I can make money by trading in the market, and I deserve to make money trading in the market.

Shagnite in the three convictions for a moment and assume that they are really true for you. Go ahead. Pretend for a moment, if you need it. Notice how your feelings change when you think about yourself, trading with the three convictions. Try as it feel when torguesh with the conviction that this can be done successfully, you can do this and that you deserve to do so. The sense of the beliefs and generates emotions.

There are many different beliefs, that affect commerce, which will be discussed later. Now we'll talk about ways to change beliefs that can limit you. However, be aware that it may be beliefs that create your emotions and going on your way until you sell. Or it may be beliefs that support you in your trade efficiency. In any case, you can accept or not accept these beliefs. Beliefs are a powerful motivational factor. What if you could really rely on those ideas, which fully supports you in a successful sale?

The Power of Visualization
"When the object or purpose is clear support in mind, its realization in the material and visible form - only a matter of time. The vision always precedes implementation."
Lilian Viting

Sounds like magic, is not it? Picture something in your brain, and the magic music! A lot of our mental processes really works like magic. We have, in one way or another, did not know that we are the ones who create the magic. We think that it happened by itself.

When you think about the trade, you are representing your success? Or do you paint a disaster? Or something mean?

We all draw pictures of things and events in his brain. We can do it so fast that we do not know about it. Remember that picture is worth a thousand words. If we present the picture of success, then we move on this.

To succeed in any activity, whether it be athletics or trade, you should have a clear mental picture of what you want. Through visualization, you imagine yourself having successfully or do what you want, even though this has not happened.

Whenever I work with a client who has a problem with pressing the "trigger", I ask two questions: what are you talking about yourself when you see the signal? that you represent yourself (which paint a picture in his mind)? If he has problems with the entrance to the market, rest assured that it represents a transaction in which it is triggered stop-order and he has lost.

Whenever I work with a client who sells a very large positions, either too often or client that is constantly jumps into the market before its signal is formed, I asked him the same two questions. You can be sure that it represents a transaction that is the way he thought. He wants to be there as soon as possible, or use it as fully as possible. He did not think about the possibility of losses, and therefore not in a position to take appropriate security measures.

Once again, all that we need to draw in his imagination - that is what we are doing the right thing, follow their practices and remain clear on the price action. Because we do not know and can not know what will happen, it is better to maintain a state of ignorance, through openness to probabilities.

Imagine yourself, repeat the methods in the market. Imagine a consistent and successful. Imagine a picture of this. Log in to the picture so that you looked at all my own eyes. Adjust the quality of the picture so that it was most effective. Try to make it more brighter concentrated.

Take time each day to visualize themselves trading in a manner in which you want to sell. Relax. Imagine yourself doing it right now. Make it real in his brain. Do this with vivid details. Log in to the role of a successful trader and they become in their minds.

Repeat this on many occasions. Visualize your goal, at least once a day, every day. The strength lies in repetition. Any idea placed in your mind and constantly cherished, will show the results in real life. The magic in your hands.

The power of clear intentions
"Its sound like variations on the sea waves, controlled by the wind and abandoned." "Indecisive person inconsistent in all his endeavors."
Bible


What do you want from your trading? You want riots? You only want to watch and see how events unfolded? You want to make money?

You must be clear in its desire to sell and make money. Some people want to make money, but they really do not want to sell. Others want to sell, but they do not have clarity in their purpose to make money. You must have a clear understanding of their intentions to do both.

Many traders come to me with the problem of entry into the market. When they see that trade is developing a signal, they vary and watch as the trade continues without them. Market mocked them as they sit with empty hands and empty pockets. The first thing I force them to do - it is clearly their intention to trade, to enter the market and let the market do the work. Of course, to do so, you must be prepared to take risks. You must be prepared to be wrong. If your first goal is to avoid losses or to avoid risk, then you will not be able to effectively sell.

Other trade too often, opening up a lot of divergent positions, thereby increasing their losses. When these traders come to me for help to their discipline, then I insist that they have clearly identified their intention to make money, and would have been very specific in the intent. I force them to develop trade and to follow the plan. If they are in the market only for the disturbances, in order to participate in the game, in all probability, they are not going to do those things which are necessary to obtain a consistent profit.

Clarity of intent is also important in life. Many people are not quite certain in their real intentions when they go on living and working in their profession. They live, work, learn, invest and trade. Often they are unsatisfied, unfulfilled, because they did not have clarity in what they wanted.

Do you want to save money, or to grow your money, or spend their money? You have a good reason to increase their money? Those are my customers, who make big money, have a very clear idea of what they want done with their money. You want to get love or give love, or both? You want to create something valuable, something significant, or you want to cheat their days? You should know the purpose of his life to be there.

Classes shamanistic healers show a lot of different methods of healing. There are, however, a general principle in all methods of healing: the healer seeks to lack of contradiction to the intention of healing the wounds.

In this sense, trade is no different than healing or any other activity. You have to be defined by their purposes, and not seek to conflicting objectives. What if you could decide what you want and go for this?

The power of mental rehearsal
"The goal for the mentally practice their skills is to remove the psychological barriers that arise in your path and make it difficult for you to be sure. Take responsibility for your thoughts mean choose what to think and act rather than to blindly react to events around you. "
Ken Ravizza and Tom Hanson

If you can not trade consistently in real life, you can do it in his imagination. It is easy to do the right thing when it is not linked with money. No surprises and tension of real trade, you can learn to follow their own rules in his brain. Thus, you create the experience that you can rely on in real trading. Mental rehearsal becomes an equally valid experience as a real trade.

Let me tell you about one registered pilot, conducted by psychologist Alan Richardson. Students who play basketball, have been divided into three groups and tested for their ability to get to the basket. One group received the instruction to train every day for a month. Another group said to represent the thoughts themselves, as they drop out of the ball in the basket within thirty minutes each day during the same month. The third group was told to do nothing, not even thinking about it.

A month later the first group, which has real physical training, improved the average results of 32%. The group, which made a mental training, improved the average results of 31%. The results of the third group remained the same.

I tried this way to improve my game of tennis, making a mental exercise. Not easy to make a lot of time for actual training in New York, so I did it in his brain. Then, when I went to play on the court, I was equally ready and the same practice as any opponent, who played regularly. Sometimes I was even better prepared. In the end, my brain did not have any bad impact, no surprises. I can consistently practice their strokes. I have not developed any bad habits. And when I went to play, I was fully prepared.

My clients do the same kind of mental rehearsal in respect of its trade. They consistently traded, following its own rules, taking the losses and gains, taking into account the long-term picture, as they mentally rehearsed.

Mental rehearsal is different from the trade on a demo account. Trade in educational accounts is in the actual market action. This is a useful tool to understand their trade practices and to verify the income method, but it does not develop in a trader's ability to real trade. This, in fact, acts as just the opposite. Trader learns just comfortable to watch and be immune to risk. For too long trade on a demo account teaches people to stay out of the game. He becomes a "sports fans".

In contrast, mental rehearsal allows you to submit transactions and to take what the market gives you. You represent your final long-term success, even if you accept temporary losses and setbacks. You keep in confidence as you build your confidence. You build your confidence as you build your skills. You build experience consistent implementation of the right things. Then, when you actually sell, you have the support and expertise that effectively traded.

My clients mentally rehearsed trade, when they listen to specific recordings that I made for them to hold them through the shopping process. After rehearsal, they mentally overcome their weaknesses, because they rely on their strength.

Try a mental rehearsal of trade, introducing yourself as you go shopping the day, using their methodology in the market. I strongly recommend that you do so. You hit on how to improve your trading.

The brain - is the generator capacity. We can literally izmenitsvoyu lives and their trade through the point. We can change the values that we attach to events, and we can change our results. In short, we can change our reality through the use of mental rehearsal. We can do this to create what we want - as opposed to what we are afraid or do not want, and that most people do inadvertently. What if you could take control of trade through the effective mental rehearsal?



Forex Magazine
based on www.marketmavens.com

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