Making the mind sharp - focused

psychology is the key to success in trading. are you match tough?

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Levendis
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Making the mind sharp - focused

Postby Levendis » Wed Aug 18, 2010 6:52 am

The past 3 weeks I've been making some nice progress in collecting pips. I was trading less and making consistent profits. However this week I can feel some regression into old trading pattern and being a nervous wreck when placing a trade, hesitating etc..
During those 3 weeks I was training like a mad man. All my lifts were PB's that final week. I was also taking a supplement called Jacked http://www.bodybuilding.com/store/usp/jacked.html

I felt quite humbled and centered after taking this supplement, and as I would train with fantastic intensity and focus, come home eat and then watch the London opening I would place my 1 trade, make my 20 - 50 pips and be done for the day.
I guess the stimulants made my mind sharp and I didn't overthink etc.

So my question is how can I possibly achieve that mental state naturally before I start trading?
OR
Does anyone have any before trading rituals that helps them trade better?

Cheers
Nick

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pablo101
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Postby pablo101 » Wed Aug 18, 2010 8:24 am

For me, I've been training myself to get into a zone before I look at a chart, and seems to be working since I haven't been losing or hesitating recently, hard to explain it but it's something like a zone where professional athletes create before competing.

http://www.traderinterviews.com/content/MentalPrep.php
What line? The line that tells you which way you are trading! - MO

spa
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Postby spa » Wed Aug 18, 2010 8:46 am

[s]pablo... think the first post is just an ellaborate spam ;) [/s]
good link..
Last edited by spa on Wed Aug 18, 2010 9:22 am, edited 1 time in total.

Levendis
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Postby Levendis » Wed Aug 18, 2010 9:14 am

Why would I promote something then ask to get the same results without it. Think next time Spa. I put the link up so you can see the ingredients.

Thanks pablo watching now.
Starting tomorow I'll probably read 10 pages of a trading psychology book before trading and see how I feel.
I'm a bit sick lately so that also could be affecting me emotionally.

JamesBalfour
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Postby JamesBalfour » Mon Sep 26, 2011 8:47 am

Thanks for sharing very good information...................

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trader.dan
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Postby trader.dan » Wed Dec 07, 2011 12:00 pm

Very important topic. I on my part, do 15 minutes of meditation, before getting down to trading. This helps to calm my mind and get my focus back on track. It also helps me keep a check on the stress and uncertainties; two things that are an integral part of trading. I have also benefited a lot by reading Mark Douglas' "Trading in the Zone". Great book, with lots of valuable information. I think everyone should read it.

Happy trading to all O:)

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