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The Beast Slayer, Lance's NQ Trading Journal


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The Beast Slayer, Lance's NQ Trading Journal

  #891 (permalink)
 lancelottrader 
west palm beach florida usa
Market Wizard
 
Experience: Advanced
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noobforlyfe View Post
Thanks for this video Lance. Breathing is very important and when its equally paced, you enable yourself to be at best physiologically, providing you with a better cognitive attention

Here is a two part tedx talk for those who are interested more into this. Part one goes into explanation as to how your breathing and emotions impact your cognitive abilities. Dr. Alan Watkins was a prominent neuroscientist and coming from a neuroscience education myself. We often went deeper into the more research parts of his work in our courses.

Anyhow, part 2 of this talk goes more in detail about how to calm your mind to allow you to be 'brilliant' every day.

I've shared it somewhere sometime back, but will link it once again for any readers on this thread.

part 1:


Part 2:




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Thank you very much for this! I will watch it tomorrow since I am going to bed soon. I appreciate this.

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  #892 (permalink)
warriortrader007
Odessa, Ukraine
 
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Guys, do your really think that proper breathing significantly improve your trading?

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  #893 (permalink)
 noobforlyfe 
Toronto , Ontario, Canada
 
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warriortrader007 View Post
Guys, do your really think that proper breathing significantly improve your trading?

I think you are mistaking breathing as some add-on to make your trading better.

Breathing properly doesn't make you any smarter, watching being brilliant everyday doesn't entail that you will increase your cognitive capacity and performance. You could be a stellar in composing your HRV and still be the trader who had, has and will have a negative trading system.

When you take live trades your emotions, heart rate, hormones all are elevated and erratic. What you can do by breathing more rhythmically, is to calm yourself so you can better manage your trades rather than going in , out at every tick with u or against you. EVEN if you breathe rhythmically, there's nothing that says you won't lose or still face these problems. You 99.99% will still face these erratic states of emotions and until you can tame yourself to be composed no matter what happens, nothing will change.


So if you got a failing system, nothing you do will help you. Not even by taking nootropics nor magically increasing your IQ overnight.

Whatever soothes your mind, that's your "breathing". For most physiologically, breathing in a paced manner allows coherence and calmness. For you, it could be something different. But last time I checked, in your fight/flight response aka during physical exercise your heart beats faster, breathing is faster, and when you're sleeping, eating or watching tv, you're heart rate is lower and not as erratic, meaning you're generally calm when doing latter activities.

Cheers,

John

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  #894 (permalink)
warriortrader007
Odessa, Ukraine
 
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Trading is the activity under great psychological pressure
And you have not to avoid, you have to adjust

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  #895 (permalink)
 lancelottrader 
west palm beach florida usa
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Here is a recap of today's trades and an explanation of a technique I call MSA (Multiple Scenario Analysis).

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  #896 (permalink)
 RoninRounder 
Kansas City
 
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lancelottrader View Post
Here is a recap of today's trades and an explanation of a technique I call MSA (Multiple Scenario Analysis).

Thanks Lance. Very helpful and always appreciate the insight.

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  #897 (permalink)
 lancelottrader 
west palm beach florida usa
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Here's a recap of May 24th..It shows how I responded in my first trade to an unexpected market move. Plus I mention why breakouts and reversals are not my preferred setups.


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  #898 (permalink)
 
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 Rrrracer 
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That's realtime? Wow NQ can really hustle lol... nice video

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  #899 (permalink)
 lancelottrader 
west palm beach florida usa
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Rrrracer View Post
That's realtime? Wow NQ can really hustle lol... nice video

Yes...I did not speed up the video in any of those trades.

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  #900 (permalink)
 tabrun 
South Africa
 
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always appreciate your posts and videos. which news feed do you use
thanks

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