Saturday, January 12, 2019

Info!! 3 Techniques For Edifice Positive Trading Patterns

In the final post, nosotros took a await at negative patterns that touching on trading together with how nosotros tin disrupt them together with hit greater command over determination making.  But what are unopen to ways of edifice positive patterns for ourselves?  When I assembled a cookbook of time-tested self-help strategies for traders, 3 approaches stood out:

*  Behavioral - Here nosotros learn ourselves strategies to heighten our focus together with to tiresome ourselves downward physically.  Meditation tin hold upwards rattling helpful for this, every bit tin repose exercises, particularly when paired amongst biofeedback.  The thought is that nosotros acquire to sustain states of bespeak heed together with torso that are incompatible amongst the fight-or-flight responses of stress.  When nosotros tiresome downward our bodies together with focus our minds, it is rattling hard to overreact to situations together with brand impulsive decisions.  In the calm, focused state, it's also easiest to sentiment our situations from a dissimilar perspective, every bit inward the cognitive approach below.  An advanced behavioral method is exposure therapy, inward which nosotros expose ourselves to stressful situations (either inward existent life or through brilliant imagery) acre sustaining our calm, focused state.  This helps to literally reprogram our emotional responses to situations, which is rattling helpful inward dealing amongst performance-related stresses.  

*  Cognitive - As the Aurelius quote inward a higher house illustrates, the cognitive perspective on stress is that it is our interpretations of events--and non the events themselves--that plough normal trading stress into the form of distress that could impair our decision-making.  In cognitive work, nosotros utilization journaling together with other methods to acquire ameliorate observers of the habitual thought patterns that tin interfere amongst audio performance.  Some of us accept learned perfectionistic ways of thinking; others accept learned worry patterns or overconfident ways of processing information.  When nosotros utilization a mag (or meetings amongst a coach) to intend close our thinking together with actively challenge non-constructive thought, nosotros unlearn those distorted ways of viewing situations together with tin acquire to supervene upon them amongst more helpful self-talk.  Cognitive exercises tin also hold upwards used for brain-training:  developing greater resources for willpower together with purposeful behavior.

*  Solution-Focused - In behavioral together with cognitive methods, nosotros acquire to modify negative patterns that interfere amongst trading.  Solution-focused methods come upwards at self-development from the opposite angle:  identifying occasions inward which nosotros are *not* experiencing problems together with looking to those occasions for what we're doing right.  Often, when we're performing at our best, it's because we're drawing upon our best practices together with our greatest strengths.  What are nosotros doing when we're managing risk well, next plans effectively, adapting to marketplace changes, together with generating dandy trading ideas?  In contrary engineering our successes, nosotros tin oft reveal the solutions to the problems that touching on our electrical flow trading.

Of course, these 3 approaches tin hold upwards integrated rattling easily.  For instance, nosotros tin mentally rehearse our best practices (solution-focus) inward our calm, focused nation (behavioral) together with and then imagine ourselves using those best practices inward challenging trading situations (cognitive).  That would assist plough those best practices into our best routines.  There is hence much to a greater extent than to trading psychology than writing inward a mag together with telling ourselves to hold upwards to a greater extent than disciplined or to a greater extent than attentive to our gut.  It is through behavioral, cognitive, together with solution-focused methods that nosotros tin genuinely acquire our ain trading coaches.

Further Reading:  Every Great Trader is a Player-Coach
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