Self Control, Willpower exercises

Quote from dandxg:

A couple of suggestions and they are a bit controversial so take them with a grain of salt.

1. Make your actions accountable to someone other than yourself. Someone who has a financial stake in your success besides you. Tell as many ppl. you can about your plan and what you will do if you don't follow through. Put yourself at stake.

2. There should be consequences for breaking the rules, just like when you were a kid or an adult. This should be written in your trading plan.

3. A bit drastic but look up forced behavior modification, guranteed to change you behavior whether you like it or not. I am not advocating it but I have seen studies, I studied both Soc. and Psych, and it works although many view it as torture.

4. I believe in the power of positive thinking. I have seen it work first hand That said ppl., in general, are more motivated by pain the by pleasure. Why do you think mafia is such a successful business model? Why do you think terrorism works? For the record they are both horrible and dispicable ( check spelling).

What ever happened to spell check on ET, it's missing? :confused:

I think what he is saying is "no pain, no gain" so you should get a car battery, some jumper cables, and a computer controlled relay. Hook it all up to your computer and testicles so that you get a shock every time you make a losing trade. Something tells me you will trade a LOT smarter.

DISCLAIMER: This post is in complete jest and not to be taken seriously. DO NOT attempt the suggestion herein. The poster is not liable for any damages either directly or consequential from the use of the suggestion in this post.
 
Quote from Maverickz:

I think what he is saying is "no pain, no gain" so you should get a car battery, some jumper cables, and a computer controlled relay. Hook it all up to your computer and testicles so that you get a shock every time you make a losing trade. Something tells me you will trade a LOT smarter.

DISCLAIMER: This post is in complete jest and not to be taken seriously. DO NOT attempt the suggestion herein. The poster is not liable for any damages either directly or consequential from the use of the suggestion in this post.

No c'mon now no reason to go extreme! :eek: How about only when he doesn't follow his trading plan! :D J/K, I really am kidding. My point is that sometimes singing kumbayah and thinking positive thoughts is not enough.
 
Quote from on the money2:

I don't do any of those things and I still haven't been successful in being disciplined in trading.
That's due to large karma debt from spamming ET reviews & forums with unsupported Transact** lunacy. It'll be quite a while before you can work this debt off ... :eek: :eek: :eek:

R


** - note - I am not now nor have ever been a Transact customer. However, I am a fan of supported (& ideally rational) allegations. :cool:
 
Quote from rollsafe:

Hi

I need some exercises, techniques to increase willpower and self-control, any recomendations ?

Thanks

http://www.elitetrader.com/vb/showthread.php?s=&threadid=120681&highlight=law+of+attraction



5Pillars


Registered: May 2006
Posts: 1647


03-11-08 03:49 PM

The simple answer is YES.

I have developed a method using aspects of "Law of Attraction" mechanical visualization techniques that have had some excellent results. You want your mind to have operational trading habits that are not influenced by destructive psychology while operating your trades. This is the key, to have very operationally efficient and constructive psychology while within the actual operations of your trading. You can train your mind to operate from an extremely efficient mentality which is of low stress and very clear thought.


Edit/Delete • Quote • Complain
 
Rub one out with twice the frequency.

Then you've doubled your self control.

Quote from rollsafe:

Hi

I need some exercises, techniques to increase willpower and self-control, any recomendations ?

Thanks
 
Back
Top