[ Pobierz całość w formacie PDF ]
86
10) See yourself trailing your stop to lock in half your profit. See yourself picking up the
phone to cancel-replace the order again. See yourself scratching out the old price again
and writing in the price. Was there a new order number? Mentally write that down too.
11) Now see the market coming back and hitting your stop order. See yourself taking a nice
profit because you acted in your own best interest. Feel those winning feelings, and get
ready to move onto the next trade.
One of the most important things you can think about (and get into the habit of thinking
about) is the previous trade is now over. No matter what happens next, that trade is over and it s
now time to forget it and move onto the next trade. Many people get caught up in the idea that
they should have done this or that differently. At the end of this visualization exercise, you
should see yourself effortlessly forgetting about the last trade (no matter what happened), and
move onto the next trade. The next exercise will help you forget about your previous trades.
87
Chapter 32
CLEARING THE CALCULATOR
This exercise is based on what s called a high voltage image. A high voltage image
is a mental picture, symbol or quick mental movie that is vivid, memorable, and can have
substantial impact on our thought process. High voltage images are pictures we see in our mind
that everyone is familiar with and can relate to. This is a little different than the mental movies
we ve been talking about.
Everyone is familiar with what a calculator looks and feels like. In this case, we are
going to use the clearing the calculator exercise to help us forget about our past trade and move
confidently onto the next trade.
A problem many people have is forgetting about their previous trades. For instance, if
someone has a losing trade, they take the results of that losing trade and it influences how they
act in the next trade. But as I hope you know, one trade has nothing to do with the next. The
market certainly does not take into account how you traded in your previous trade.
Even though most people realize this, they still let their previous trade influence what
they will do next. For example, if you ve just lost $500 on your last trade, does that have
anything to do with how much potential the market has to move on your next trade? No, of
course not. But many people will not be satisfied until they ve made that $500 back. They don t
consider that the market may not be offering $500 in the next trade, but because they can t forget
about the last trade, they aren t satisfied with less than $500. This kind of attitude makes for
some very bad trading decisions.
So we need an exercise to help us forget the past trades (no matter what happened) and
move confidently onto the next trade. This high voltage exercise will help you to move onto
your next trade without allowing your last trade to influence you negatively.
EXERCISE
1) Get in a relaxed state with the relaxation technique Calm Body, Calm Mind.
2) Picture in your mind s eye a giant handheld calculator. Feel the calculator in your hand.
See the screen and the various buttons on the calculator. Imagine that you see the buying
and selling price as well as the result of your last trade on the screen of calculator.
3) Now we need to forget that trade. No matter if it was a winner, loser, or a break-even
trade. We still need to forget that trade and move onto the next one. No matter what
happened, we can t change the past. We can only keep our mind clear to be productive in
the future. This is what clearing the calculator will do for you.
88
4) Now that you see your trade on the screen on our calculator, we will need to clear the
calculator. See yourself in your mind s eye with your big finger pushing the clear button
on the calculator. Take in a deep breath while pushing the clear button down. As your
finger lifts up off the button, let out that deep breath and expel all your tensions out as
you clear the screen on your calculator. By pushing the clear button, you are getting rid
of this trade forever. You cannot change it, you can only move forward and forget about
it.
5) Now you see the calculator screen completely blank after you ve pushed the clear button.
The decisions you ve made on the previous trade are gone forever. Take a moment to
feel how much more relaxed you are.
6) Only now are you mentally ready to look for the next trading opportunity. Now that the
calculator is cleared, the next trade that you do can stand on it s own. In other words, the
next trade has nothing to do with how the previous one worked out. And since the
calculator screen is now blank, the previous trade will have no influence on the next one.
7) This exercise may be a bit cumbersome at first, but with practice, it will become easier
and easier. After a short while, you ll be able to use the clear the calculator exercise in
a matter of a few seconds.
89
Chapter 33
MAKE YOUR OWN VISUALIZATION EXERCISES
Now you ve seen a number of visualization exercises you can use to help improve your
trading. You ve seen how visualization exercises work and how using either real or imagined
experiences can benefit you tremendously.
You ve seen how using as much detail as possible can make the visualizing techniques
even more powerful. You ve gotten some ideas on how to go into the theater of your mind and
change your bad habits into good habits. You ve seen how getting into a relaxed state is so
important before using the visualization exercises.
With practice, you can now see the mental images clearly in your mind s eye. Now it is
time for you to come up with some of your own visualization exercises. Now that you have the
proper tools, it should be easy for you to come up with some exercises that will help your trading.
You simply need to find out what parts of your trading you are having trouble with or, in [ Pobierz całość w formacie PDF ]
zanotowane.pl doc.pisz.pl pdf.pisz.pl akte20.pev.pl
86
10) See yourself trailing your stop to lock in half your profit. See yourself picking up the
phone to cancel-replace the order again. See yourself scratching out the old price again
and writing in the price. Was there a new order number? Mentally write that down too.
11) Now see the market coming back and hitting your stop order. See yourself taking a nice
profit because you acted in your own best interest. Feel those winning feelings, and get
ready to move onto the next trade.
One of the most important things you can think about (and get into the habit of thinking
about) is the previous trade is now over. No matter what happens next, that trade is over and it s
now time to forget it and move onto the next trade. Many people get caught up in the idea that
they should have done this or that differently. At the end of this visualization exercise, you
should see yourself effortlessly forgetting about the last trade (no matter what happened), and
move onto the next trade. The next exercise will help you forget about your previous trades.
87
Chapter 32
CLEARING THE CALCULATOR
This exercise is based on what s called a high voltage image. A high voltage image
is a mental picture, symbol or quick mental movie that is vivid, memorable, and can have
substantial impact on our thought process. High voltage images are pictures we see in our mind
that everyone is familiar with and can relate to. This is a little different than the mental movies
we ve been talking about.
Everyone is familiar with what a calculator looks and feels like. In this case, we are
going to use the clearing the calculator exercise to help us forget about our past trade and move
confidently onto the next trade.
A problem many people have is forgetting about their previous trades. For instance, if
someone has a losing trade, they take the results of that losing trade and it influences how they
act in the next trade. But as I hope you know, one trade has nothing to do with the next. The
market certainly does not take into account how you traded in your previous trade.
Even though most people realize this, they still let their previous trade influence what
they will do next. For example, if you ve just lost $500 on your last trade, does that have
anything to do with how much potential the market has to move on your next trade? No, of
course not. But many people will not be satisfied until they ve made that $500 back. They don t
consider that the market may not be offering $500 in the next trade, but because they can t forget
about the last trade, they aren t satisfied with less than $500. This kind of attitude makes for
some very bad trading decisions.
So we need an exercise to help us forget the past trades (no matter what happened) and
move confidently onto the next trade. This high voltage exercise will help you to move onto
your next trade without allowing your last trade to influence you negatively.
EXERCISE
1) Get in a relaxed state with the relaxation technique Calm Body, Calm Mind.
2) Picture in your mind s eye a giant handheld calculator. Feel the calculator in your hand.
See the screen and the various buttons on the calculator. Imagine that you see the buying
and selling price as well as the result of your last trade on the screen of calculator.
3) Now we need to forget that trade. No matter if it was a winner, loser, or a break-even
trade. We still need to forget that trade and move onto the next one. No matter what
happened, we can t change the past. We can only keep our mind clear to be productive in
the future. This is what clearing the calculator will do for you.
88
4) Now that you see your trade on the screen on our calculator, we will need to clear the
calculator. See yourself in your mind s eye with your big finger pushing the clear button
on the calculator. Take in a deep breath while pushing the clear button down. As your
finger lifts up off the button, let out that deep breath and expel all your tensions out as
you clear the screen on your calculator. By pushing the clear button, you are getting rid
of this trade forever. You cannot change it, you can only move forward and forget about
it.
5) Now you see the calculator screen completely blank after you ve pushed the clear button.
The decisions you ve made on the previous trade are gone forever. Take a moment to
feel how much more relaxed you are.
6) Only now are you mentally ready to look for the next trading opportunity. Now that the
calculator is cleared, the next trade that you do can stand on it s own. In other words, the
next trade has nothing to do with how the previous one worked out. And since the
calculator screen is now blank, the previous trade will have no influence on the next one.
7) This exercise may be a bit cumbersome at first, but with practice, it will become easier
and easier. After a short while, you ll be able to use the clear the calculator exercise in
a matter of a few seconds.
89
Chapter 33
MAKE YOUR OWN VISUALIZATION EXERCISES
Now you ve seen a number of visualization exercises you can use to help improve your
trading. You ve seen how visualization exercises work and how using either real or imagined
experiences can benefit you tremendously.
You ve seen how using as much detail as possible can make the visualizing techniques
even more powerful. You ve gotten some ideas on how to go into the theater of your mind and
change your bad habits into good habits. You ve seen how getting into a relaxed state is so
important before using the visualization exercises.
With practice, you can now see the mental images clearly in your mind s eye. Now it is
time for you to come up with some of your own visualization exercises. Now that you have the
proper tools, it should be easy for you to come up with some exercises that will help your trading.
You simply need to find out what parts of your trading you are having trouble with or, in [ Pobierz całość w formacie PDF ]