Pain teaches you more than pleasure.
Failure teaches you more than success.
Adversity teaches you more than comfort
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Failure teaches you more than success.
Adversity teaches you more than comfort
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You have to face your pain and mistakes head-on.
You need a process and a system to track where your going wrong and create actionable steps to improve.
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You need a process and a system to track where your going wrong and create actionable steps to improve.
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A simple but powerful process you can implement right now is this:
It all starts with 3 questions: What? Why? and How?
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It all starts with 3 questions: What? Why? and How?
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Whatβs the problem?
To find this out you first need awareness of the problem.
This is where journaling and tracking when your mistakes and triggers.
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To find this out you first need awareness of the problem.
This is where journaling and tracking when your mistakes and triggers.
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Why do you have it?
This is when you need to go deeper into your belief systems and find out where they come from for example it could originate from family or major life experiences.
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This is when you need to go deeper into your belief systems and find out where they come from for example it could originate from family or major life experiences.
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How can I stop it?
Now itβs time to get creative, how can you stop it from affecting your trading?
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Now itβs time to get creative, how can you stop it from affecting your trading?
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There are 2 ways that I like to call the counter methods which are:
1.Physical blocking
2.Mental reframing
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1.Physical blocking
2.Mental reframing
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A Physical Block:
This is what it sounds like, you create a method to physically remove you from the trigger.
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This is what it sounds like, you create a method to physically remove you from the trigger.
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For example, this could be closing your laptop for a set period to prevent you from messing with the trade.
You are βphysicallyβ removing yourself.
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You are βphysicallyβ removing yourself.
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Mental reframing:
This is where you work on the emotion to be able to reframe in the moment to prevent the trigger.
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This is where you work on the emotion to be able to reframe in the moment to prevent the trigger.
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This takes a bit more work and I go into much greater detail in my book βthe blueprint to trading psychology.β And how I use a specific process to do it.
You can get the E-book here π
zlappo.com
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You can get the E-book here π
zlappo.com
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But what this basically comes down to is taking a look at your belief systems.
And seeing how these beliefs have created an auto-serving mechanism that directs how you think and react unconsciously.
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And seeing how these beliefs have created an auto-serving mechanism that directs how you think and react unconsciously.
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But with understanding and evidence against why it is not serving your best interests,
You can then begin to implement actions and steps to prevent them from self-sabotaging you in real time.
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You can then begin to implement actions and steps to prevent them from self-sabotaging you in real time.
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Using these methods will greatly impact your trading and help fix whatever problem you're facing.
The best thing is it can be implemented TODAY!
So get cracking!
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The best thing is it can be implemented TODAY!
So get cracking!
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So there you go traders a quick breakdown of how you can begin to take control of your trading
Using the 3 stage process and counteracting steps.
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Using the 3 stage process and counteracting steps.
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If you enjoyed this thread, please:
1. Follow me (@TraderDivergent) for more
2. Retweet the 1st tweet below to share this thread
3. Have a great weekend
1. Follow me (@TraderDivergent) for more
2. Retweet the 1st tweet below to share this thread
3. Have a great weekend
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