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Find Peace in Trading

Aug 12, 2023

97% of traders are not profitable and not happy.

Then how do you become the top 3% of the traders who are not only extracting money consistently from the markets but also peaceful in life?

Simply be more aware.

The Vicious Cycle

Think of those times when you told yourself that you will follow your trading plan and be a disciplined trader, but in the heat of the moment, you disregarded your plan and you entered a trade that you know you should not have.

And you start seeing the trade go against you.

The sharp pain of regret as you see your account goes into the red.

Instead of learning your lesson, you continue making this mistake over and over again.

Continue trading based on your emotions.

Continue losing your hard-earned money.

Continue blowing account after account.
The Fix

There's this one skill you need to overcome this vicious cycle.

It’s actually pretty simple to do and it only requires 10 mins of your time every day.

10 mins of your time so you don’t make stupid decisions based on your emotions.

10 mins of your time so you don’t continue losing and blowing accounts.

Worth it?

I would say yes.

But no one is talking about this in the trading industry.

I’m here to change your life for the better and help you become profitable in the fastest time possible, which is why I will reveal it to you.

Compulsive Cycles

First and foremost, the problem is compulsive cycles (or vicious cycles)

To fix this, you need to have self-awareness.

Awareness = separation from compulsion (detachment)

It's the moment or the gap when you face the following urges:

  • The urge to drink
  • The urge to eat unhealthy food
  • The urge to get into a bad trade
  • The urge to do something that you know you shouldn't do


For example, let's say you are trying to lose weight because your crush doesn’t like a fat guy.

Then suddenly you see a top-tier Hawaiian Pizza in front of you.

You will instantly have the urge to eat the pizza.

But you know you should not do it because it will affect your diet.

The next thing you know, you grab the pizza and start eating it.

This is what we call a strong compulsion.

A strong compulsion is a strong magnet that will pull you toward the temptation

Another example is that I have been going to the gym at least 4 times a week for the past 5 years of my life.

Sometimes I would feel tired and unmotivated to hit the gym.

But I will end up doing it anyways because I value discipline over everything else.

No matter how I feel, I will get things done.

That’s life as a man.

That is an example where the things that are pulling me away from going to the gym have very little control over me.

It's a weak compulsion, a weak magnet.

So it's all about the level of magnetism…

The stronger the magnetism, the more likely you will give in to your lizard brain.

How you get rid of all these compulsions is simply by being aware.

Awareness leads to success

Awareness is detachment.

Awareness is delayed gratification.

Awareness is the ability to tell yourself to do the hard things now so you can have an easy life later

What do you do when you encounter a strong compulsion that is pulling you toward your temptation?

To turn a strong magnet into a weak magnet, you need to start becoming more aware.

How you become more aware is through this one simple practice that has been done since the dawn of time.

It is called Meditation.

Compulsion = obsession with the past or the future

Meditation = allows you to focus on the present moment and reduce compulsion

Start meditating

No, you don't have to become a monk and go to the top of the mountain to meditate.

Stress, anxiety, and depression are killers of productivity and killers of profits.

The reason why meditation is so important in trading is because it helps to reduce anxiety and stress and allows you to feel more peaceful and rational when trading. 

It helps to keep you focused on the present moment and can program your mind to avoid making trades based on harmful emotions like greed and fear etc

How to meditate

The goal is to meditate for at least 10 mins daily.

But start with 5 mins or even 1min and slowly work towards 10 mins.

Because once you get used to meditating, you will realize that time actually flies faster than you think it does.

A lot of you think that meditation is very hard and complicated when in reality it's actually quite simple because I am going to simplify it for you.
Firstly, position yourself somewhere where it's quiet and you are all alone.

Next, just close your eyes and start to breathe.

When you breathe, concentrate on the air flowing in and out of your nose.

Whenever your mind wanders and starts thinking about what you are going to eat later or sexual thoughts, bring it back to the breath and just keep doing this.

It's really just as simple as that

What time to meditate

To be honest, it doesn’t matter what time you do it as long as you actually do it.

Cater 10 mins of your day to meditate, be it morning, afternoon, or evening.

Do it in the morning before u touch ur phone.

Do it in the afternoon to reclaim your focus during your workday.

Do it in the evening to calm your mind so you can get to bed with an empty mind.
Profits will come eventually

Once you start meditating, you might not see the results immediately.

It’s not like you will start winning every single trade you take after meditating for 1 day…

You will start to see the difference after a week or two of consistent meditation, which is why you must do it everyday for this to work.

All of a sudden, you will start to feel more calm, peaceful and happy.

Then you are eventually going to get to a point where you are not affected by all the compulsions in your life whether you are trying to stop smoking, stop drinking or you're trying to get more work done .

 

Join 40,000+ getting mindf*cked with trading tips every week while reading The Geek Letter

(youā€™ll learn a bit about life & business too.)

Ā 

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