The Invisible Hand That Limits Your Trading
- Thread starter Rande Howell
- Start date
Hereâs a different way â not better, just different
Make three categories
What I know (These never change)
What I believe (these change with a lot of work)
What I think (these change more often than the direction of the wind)
Sit and do some self analysis... and fill in each category completely â youâll come to know yourself intimately in the processâ¦
eta - Doing this will also force you to start seeing reality
=========================================
Example
What I know â One day I will die
What I believe â My wife loves me (but this could change)
What I think â too much to list
=============================================
Then take your negatives â and individually shred them to pieces (de-energize them)â¦.
Are they really negative⦠or only negative because you decided to make them so⦠Which means you can also decide they no longer areâ¦. And consequently can no longer hold you back
Like Ammo said â quit watering (feeding) it.. it diesâ¦.
RN
Make three categories
What I know (These never change)
What I believe (these change with a lot of work)
What I think (these change more often than the direction of the wind)
Sit and do some self analysis... and fill in each category completely â youâll come to know yourself intimately in the processâ¦
eta - Doing this will also force you to start seeing reality
=========================================
Example
What I know â One day I will die
What I believe â My wife loves me (but this could change)
What I think â too much to list
=============================================
Then take your negatives â and individually shred them to pieces (de-energize them)â¦.
Are they really negative⦠or only negative because you decided to make them so⦠Which means you can also decide they no longer areâ¦. And consequently can no longer hold you back
Like Ammo said â quit watering (feeding) it.. it diesâ¦.
RN
Excellent!
iow, if you keep beating the drum of "what is", you'll keep getting more of it.
Most importantly, what story are you telling yourself about yourself?
ie: your trading abilities
I am thrilled to see that this thread has had good life pumped back into it.
IMO the core to any achievement is attitude ... what must I do in order to master my game.
In sport, you come up against people who apply mastery as you do and have greater natural skills, which puts them in a league beyond ours, no matter what you do.
Trading is not like this.
There is no opponent, only yourself, and this gives you a unique advantage to make money if only you can see it this way.
Most people on this forum think that the trading game is stacked against them and that is probably more to do with the fact that they are coming in "soft" from a pampered job, than from "the school of hard knocks" ... it is a soft attitude thing that they are dragging with them, from wherever they have come from.
FWIW ...to me, positive and negative are just inner judgments that I can well do without.
All I want to be is neutral ...everywhere and nowhere is how the Zens explain it.
This is the state where your preparation and training kick in .... some people refer to it as being "in the zone"
IMO the core to any achievement is attitude ... what must I do in order to master my game.
In sport, you come up against people who apply mastery as you do and have greater natural skills, which puts them in a league beyond ours, no matter what you do.
Trading is not like this.
There is no opponent, only yourself, and this gives you a unique advantage to make money if only you can see it this way.
Most people on this forum think that the trading game is stacked against them and that is probably more to do with the fact that they are coming in "soft" from a pampered job, than from "the school of hard knocks" ... it is a soft attitude thing that they are dragging with them, from wherever they have come from.
FWIW ...to me, positive and negative are just inner judgments that I can well do without.
All I want to be is neutral ...everywhere and nowhere is how the Zens explain it.
This is the state where your preparation and training kick in .... some people refer to it as being "in the zone"
"FWIW ...to me, positive and negative are just inner judgments that I can well do without.
All I want to be is neutral ...everywhere and nowhere is how the Zens explain it.
This is the state where your preparation and training kick in .... some people refer to it as being "in the zone""
____________________________________________
Recently a trader explained to me what it was like for him to make a particular trade. He said that as he evaluated the set up and found that it met the conditions of his methodology, he remained in a detached, impartial, calm state of mind that stayed in discipline. No emergence of self doubt or hesitation. As he looked at the set up, he said that a voice within him said, "You have the edge in probability, let's see what happens...". And he pulled the trigger, still breathing his bellows breathing and maintaining discipline. He reported to me that when he entered the trade there was no judgement about winning or losing.
There was only a curiosity to see what happened and to be in the present moment. Yes, the trade was successful. After he finished he stayed in this calm, disciplined, impartial, and patient state of mind. When he finished his trading day. He left the trading room and whooped it up with his wife in celebration. But in the trading room only this calm, disciplined, impartial, patient, and couragous state of mind was allowed. This was done by learning how to think out of the box of his prior way of perceiving trades.
He had BUILT this state of mind as part of his psychological plan for trading. When in the presence of trading, there is only one state of mind that is allowed. After trading, beyond his trading room, he can let go of the traders state of mind and experience more, different aspects, of his humanness.
Understand, this guy knew how to trade. He has used Drummond Geometry as his methodology for 10 years and he finally BUILT a personal psychology that could use his tool effectively. He hit the zone by developing his mind for peak performance. Now, I might add, he is learning how to consistently replicate this state of mind. His trading account shows that he is getting better and better at doing this.
Trading became relaxed and there was no drama. How 'bout you?
Rande Howell
All I want to be is neutral ...everywhere and nowhere is how the Zens explain it.
This is the state where your preparation and training kick in .... some people refer to it as being "in the zone""
____________________________________________
Recently a trader explained to me what it was like for him to make a particular trade. He said that as he evaluated the set up and found that it met the conditions of his methodology, he remained in a detached, impartial, calm state of mind that stayed in discipline. No emergence of self doubt or hesitation. As he looked at the set up, he said that a voice within him said, "You have the edge in probability, let's see what happens...". And he pulled the trigger, still breathing his bellows breathing and maintaining discipline. He reported to me that when he entered the trade there was no judgement about winning or losing.
There was only a curiosity to see what happened and to be in the present moment. Yes, the trade was successful. After he finished he stayed in this calm, disciplined, impartial, and patient state of mind. When he finished his trading day. He left the trading room and whooped it up with his wife in celebration. But in the trading room only this calm, disciplined, impartial, patient, and couragous state of mind was allowed. This was done by learning how to think out of the box of his prior way of perceiving trades.
He had BUILT this state of mind as part of his psychological plan for trading. When in the presence of trading, there is only one state of mind that is allowed. After trading, beyond his trading room, he can let go of the traders state of mind and experience more, different aspects, of his humanness.
Understand, this guy knew how to trade. He has used Drummond Geometry as his methodology for 10 years and he finally BUILT a personal psychology that could use his tool effectively. He hit the zone by developing his mind for peak performance. Now, I might add, he is learning how to consistently replicate this state of mind. His trading account shows that he is getting better and better at doing this.
Trading became relaxed and there was no drama. How 'bout you?
Rande Howell
Red, you're just bantering. Besides, no "rednecks" allowed here. This discussion is for us en-tal-lek-shu-als only.
Now...
Amazing Rande...
I think we understand why you are here. So, why don't you just simply take the following steps?:
1. Contact the site owner to request sponsorship.
2. Submit your payment in the appropriate manner.
People might take you a little more seriously then.
Good luck.
Otherwise, please explain why you are just here to help, out of the goodness of your heart.
Try to consider he advise you jave been given to getawy: from the continual banter you eminate, Notice how you spread words ecall over palece instoad of wrting in a clear, crisp and consie manner as remmmemded by Struck and Whte in the "Elements of Style). Style guides are usd by all publishesr. No one uses the out of date "Ediquite: anymore why continue to use the Redeck joke style book for so long after vaudille died,
You arrived here ae a noobie, zig zaging all over the place absorbing trading myths,trusms and hand me downs given to you,
Now its time to assemble some bones to add to the mix. Throw some bones to RN. everyone and se hw it turns out.
Two suggstions: stop helpimg noobies with isolatateded facts and myths. Linkup with someone who knows a lot more than you and have him mention, outline, train and transfer to you the hows, whats, and whys a partnership with Market could be possible for you to adapt to.