1. Don't get too attached to any mental structure

Mental structures are thoughts, beliefs, emotions (complex associations with sensations in the body), and everything else that occurs in the space we call the mind.

We all have that mental structure, but the more we feel engulfed by them (i.e. the less space we create between our mental structure and our actions), the more we become. should lack flexibility in their attitudes and behaviors.

So first, learn to gently hold back your thoughts and feelings.

2. The story is true or not is not important

Much more important is whether the story was helpful or not.

When you make a serious mistake when closing a trade (because the action goes against your plan) and in the meantime, your mind tells you: "Great, you're doing one thing. respectable!"

Then this is not a useful thought.

No matter how you reach that conclusion, it won't help you achieve your long-term goals because it goes against your plan.

That thinking is more concerned with avoiding short-term pain, but it doesn't inspire you to improve; it just wants you to feel uneasy.

So second, what is ultimately true can only be your trading plan - that's what really matters! And it will guide you in determining whether or not certain thoughts are relevant.

Staying with major trading is to sit with your arms crossed doing nothing

You can waste a lot of time arguing whether to continue the trade or close it; so on, your mind will always be trying to draw you into that debate.

That is why you should train yourself to be more indifferent to the fascinating prejudices of your mind.

You can train yourself to sit with your arms crossed and do nothing. In other words, it's patience and discipline - that makes us indifferent to our own mental stories.

A Harvard study has shown that a more thoughtful mind is less effective, less disciplined, and less likely to be happy than people who are more likely to focus on a task at hand.

A wandering mind makes excuses, finds reasons for this or that ... and when you have a goal you are trying to achieve and a plan you have established and it is not ideal to be obeyed!

So, a more balanced approach to your life - the key to happiness, if you want it - will lie in mastering your mind, teaching it to stand still in the face of possible external factors. make it wander.

And that's exactly what you need if you want to be able to stay longer with the trade for maximum profits.

Fortunately, meditation can help you train your mind with purpose, with purpose. And it is a habit that every trader should develop. You see, everything in our life is a matter of habit. In everything you do, you will always follow good or bad behaviors.
  • You want to be more patient? Practice it while waiting in line at a grocery store.
  • Want more flexibility? Don't hold faith in something too rigid.
  • Want to stop thinking excessively? Get rid of as many distractions as possible from your life. Instead, focus on what's necessary and helpful.
Practicing meditation will help you slowly remove the mental bottlenecks that are preventing you from excelling in an area like trading.