Meditation Practice and Trading Results
Hey folks, I want to answer some of the queries I have received severally regarding the topic, if mediation will help in becoming a better trader.
Yes, mediation is good practice not only for your trading, also but for your wellbeing.At this time now if you have been trading,you can confidenly say Trading can be stressful if you approach it with the wrong mindset.
I know you are asking yourself ” how professional traders meditate” and I am here to walk you through the whole process.
”When The Surface Of A Lake Is Still, One Can See To The Very Bottom Very Clearly. This Is Impossible When The Surface Is Agitated By Wave. In The Same Way, When The Mind Is Still, With No Thoughts Of Desires, You Can See The “SELF” That is called ‘yoga’.” Swami Vishnu-devananda. ~S.
With above amazing quote, you can clearly answer the question if meditation will improve your trading. When I was introduced to this, I did not pay more attention to it as I did not know how that can happen. I am here to confirm try it out.
I just want to highlight a simple way you can meditate. Sometimes, I use a visualization technique. I imagine how beautiful my trading day will be. I start by visualizing myself sitting down on my trading desk, open the trading chart, start analyzing the chart with a mindset of I must get a trade today that will give me some good profits.
Once I complete that process, I would then mark the areas for my take profits, stop loss and even plan on the Risk to reward ratio of the trade that I will get.
I then visualize myself placing a trade going up or down depending on the trade direction. I start with visualizing it moving towards my take profit areas, I ask myself, what am I feeling that now the trade is almost to trade profit? If I can be aware of the feeling ( which is feeling good) I start smiling and happily saying wow! it was such a nice trade for me today.
Do the same techinque of visualization, and see the price going on your other way ( towards stop loss areas) Ask yourself what am I feeling. ( Are you fearful?, are you disapointed?) If the answer is yes, then try to calm youself further.
After that, I confirm to myself that, I am now a good trader. If you repeat this process every time before you place a trade, you will be aware of what you are doing and you will make logical decisions.
It’s scientifically proven that, your mind does not differentiate a faked visualization from the reality. That small part of the brain just know how to work. Always hold your trades mentally before you do it in reality.
I have this as the best way of trading as I can trade million trades within a very short period of time. Practice this it will cost you nothing trying it. Consistent is key here.Do as many times as possible a day before you place a trade. Make it a challenge for you and after a short time, you will be profitable.
I would be happy to let you know that, everything you see on earth was once a thought. By pracising this simple visualization, it will help you to improve your performance. This is the missing key which many people are not aware of. Remove negative minds about trading and for sure you will celebrate your wins soon.
I have some apps that I can recommend for you to use and it will help you in the whole process. The app will help on becoming calmer and logical when you are analyzing the chart. This technique is not only for trading. It can be used in any other business or activity.
This will help you to become calmer, happier and eventually a good trader.I guarantee you that. I have tried it and its working well for me.
AFFILIATE LINKS
Affiliate Links
I love that you are curious and that you are checking out this page right now. You know me, I love to help and teach aspiring traders something new! You will see throughout the website and in my blog posts links that go to outside sources (other websites and services).
These links may be what is referred to as an affiliate link which means I could earn money if you end up clicking on one and purchase/sign up for that service/product. If I am sending you to an outside source know that it is only because I have tested it myself and believe in it. I am all about sharing my recommendations and providing you with the best service/product and even excellent support.
The money earned through my affiliate links is just another way for me to earn a little extra income so that I can continue doing what I love which is helping aspiring traders with the right resources. If you choose to purchase something through me and use my affiliate links it is greatly appreciated and I thank you!
“I Wish You Well In Your Journey & In Your Trading.”-