NexusFi: Find Your Edge


Home Menu

 





What visualizations to you use when you see yourself being materially abundant?


Discussion in Psychology and Money Management

Updated
      Top Posters
    1. looks_one aquarian1 with 542 posts (483 thanks)
    2. looks_two xplorer with 17 posts (13 thanks)
    3. looks_3 Grantx with 16 posts (20 thanks)
    4. looks_4 suko with 14 posts (17 thanks)
      Best Posters
    1. looks_one brettji with 2.1 thanks per post
    2. looks_two Grantx with 1.3 thanks per post
    3. looks_3 suko with 1.2 thanks per post
    4. looks_4 aquarian1 with 0.9 thanks per post
    1. trending_up 107,278 views
    2. thumb_up 633 thanks given
    3. group 56 followers
    1. forum 670 posts
    2. attach_file 27 attachments




 
 

What visualizations to you use when you see yourself being materially abundant?

 
bloom
Russia
 
Posts: 473 since Apr 2011
Thanks Given: 47
Thanks Received: 591

. How your mind should be set up, so you can trade better and have better results. It is a common misunderstanding, and a common misbelief that exists in your mind, that in order to be a great trader, or a successful trader you need to predict the market. That you need to predict it on a small period, or a long period of time, or something else. Also, there is existing a misbelief that you need to have a trading plan, that you need to have some trading idea, and to execute those trading ideas or your trading plan, and that you are actually trading the market. BUT, my opinion on this thing, and the method that I use “Is to keep my head clear of all of this stuff”! I do not want to have any suggestions, or any ideas about where the market will go before I enter the trade. OK? I do not know where the market will go. It can go one direction, or another. 50/50! There is random structure and I do believe in these things. Therefore, in order to be a successfully stable trader, you always need to be uncertain about where the market will go. You need to keep your mind clear from all of the stuff mentioned, because if you will seek the 'idea' of where the market will go, then your belief system will start to create a belief 'Loop'. In this loop, your perceptions start to work a way to prove that your belief is true. Then it starts to make up this way. So if you decide that your perception starts to throw out all the information that goes in contrast or controversial to your version of going Long (or Short), that the market will go higher (or lower), and then starts to feed you only the information that proves that you are correct. This is the natural evolutional mechanism to create some sort of system, where you are doing one-for-another type 'actions'. Or you do only one action, and your mind, your physical body, and all the 'stuff' can muster this 'thing', and waste less energy on the processes as you will learn something new every time! Ok? We do not need to apply too much power to do clicks on the 'mouse' or on the buttons, because we already have (brain) 'neuron' connections, which allows us to do this with less power-energy. For example, you have never driven a car. Then you sit in a car and you need to learn how to drive this car. All the neurons, all the neuron networks planted in your mind, your brain, starts to work to understand where it needs to be running. The whole brain is working in order to understand which areas of your brain will be responsible for driving. This is very powerful, and you waste too much energy to learn this thing. However, once those (neuron) connections are established, brain start to maintain process. It is easier for our brain to maintain processes, compare to creating new ones. This is why when you have some sort of belief, your mind starts to create the belief-loop. In this loop, you stay in the same direction, and you brain maintaining this process. This is why all the perception works this way.
However, this is not about trading. In trading we must always be uncertain, so the network we have in our brain will always be in the process of learning, of rewiring (reevaluating) what we have. Constantly rewiring! Then in some period, you will work out some more connections that will already run the process in two different ways, so it will be easier for you to do this. To understand the reality of the market, we must know that is uncertain every fucking moment. The market is always uncertain! To understand this you need to separate your beliefs from the reality of the market. Ok? The charts you see, the chart patterns you see, the price patterns you see on 'tapes', the order patterns you see on Level 2, ARE existing only in your mind! Only in your beliefs. Because somehow, somewhere, sometime, your network brain system created the connections between all those things. And you believe those things exist!


Can you help answer these questions
from other members on NexusFi?
Exit Strategy
NinjaTrader
Are there any eval firms that allow you to sink to your …
Traders Hideout
Build trailing stop for micro index(s)
Psychology and Money Management
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
Deepmoney LLM
Elite Quantitative GenAI/LLM
 
 
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593

Earl Nightingale "The strangest Secret"



17:20 min
"My years in the newspaper business have convinced me of several things among them that people are basically good and that we came from some place and we are going some place. ... The architect of the Universe didn't build a stairway leading to nowhere." -Grove Patterson

18:00 min
He then list the price for success:

What is that price?
  • Understanding emotionally as well as intellectually, that we literally become what we think about.
  • We must control our thoughts if we are to control our lives.
  • Understanding :As you sow so shall you reap."
  • Cutting away all fetters from the mind and permitting it to soar as it was divinely designed to do.
  • Realizing that your limitations are self-imposed.
  • Rising above pettiness.
and:
  • Using all your courage to think positively on your problem,
  • to set a definite and clearly defined goal,
  • think about your goal from all possible angles,
  • let your imagination speculate freely on all possible solutions,
  • refuse to believe there are any circumstances sufficiently strong to defeat you in your purpose.
  • To act promptly and confidently when your course is clear.

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Started this thread
Thanked by:
 
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593


Empowering Beliefs

In a time of quiet reflection you could ask yourself "Is believing in y, and empowering belief or a dis-empowering belief, for me?"
--------------
In conversation sometimes we are asked, "Do you believe in x?" So we often hear the question as, "Is x real?"
We usually respond with yes or no and perhaps our reasons for or against x.

I would like to suggest that for many things, our framework of reality is selectable. For these things what we decide upon can be simply chosen. This is especially important if current external conditions (e.g. current financial status, home, relationships) is the result of past thinking, past beliefs and past actions taken in context of past external reality.

So what belief structure is empowering for me as a framework for my current and future thinking?
That is if I am working to create a new reality, (e.g. new invention, new trading results, new financial condition) and beliefs form the doorway of what is possible for me, how I think and perceive, and if I can select these beliefs - then what beliefs will be beneficial to me?

---------

Beliefs are the doorway to reality.

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Started this thread
Thanked by:
 
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593

No one has yet discovered the limitations of the power of his own mind.

Pat Ryan, the chairman and CEO of Aon Corporation, the giant multinational insurance company, is fond of saying, “You can’t conceive how high ‘up’ is, except for the limitations of your own mind.” It’s not very good English, he admits, but it emphatically makes the point that the only limits that can be placed on the power of your mind will be those you impose on it yourself. When you brainstorm, don’t allow limits to be placed on any idea. Sometimes the ideas that seem the craziest at the time will later prove to be the most inspired. If you’re working with your Master Mind group, encourage the free flow of ideas from every individual present. Don’t be critical or analytical during the brainstorming process; at this point, every idea is a good one. Cluster the ideas into groups of related thoughts so that the best of them can later be shaped for practical application.

-From Nap Hill email

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Started this thread
Thanked by:
 
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593

Condensed Summary of Think and Grow Rich by Earl Nightingale

25:50
Experience with thousands has shown that lack of persistence is a weakness common to the majority of men.
To accomplish the goal you have set for yourself you must form the habit of persistence. Things will get dark. It will seem as though there is no longer any reason to continue. Everything in you will tell you to give up and quit trying. And it is right here that the men are separated from the boys. Its right here that if you will go the extra mile and keep going, that the skies will clear. And you will begin to see the first signs of the abundance that is to be yours, because you had the courage to persist. With persistence will come success.

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Started this thread
Thanked by:
 
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593

"Don't let petty annoyances throw you off track."
-The Strangest Secret, Earl Nightingale

When we are striving to stay focus on our central goal, outside influences such as negative comments, negative attitudes and negative vibrations of others impinge upon our conscious and unconscious minds. If we are not monitoring our thoughts (and feelings) we can move into a negative vibration (a depressed mood, anger etc).

It is important while building our new habit of positive vibration that we be alert to this danger, and quickly stuff out the chain of negative thoughts and negative mood. This isn't easy, yet building a new habit isn't easy. It is all too easy to fall into the worn record groove of the past.

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Started this thread
 
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593

Great achievement is born of a struggle.

Our strength grows out of our weakness, said Ralph Waldo Emerson. “Not until we are pricked and stung and sorely shot at, awakens the indignation which arms itself with secret forces.” Strife and struggle can inspire you to overcome adversity and to propel yourself to real achievement. View every struggle as an opportunity for personal growth. It is the struggle itself, not the result that builds character.

from Nap Hill email

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Started this thread
 
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593

Successful people are decisive. They don’t agonize over decisions and thereby miss out on a great opportunity. They gather the relevant information, discuss alternatives with advisers whose opinions they respect, and then make a decision and get on with it. Indecision creates the worst kind of paralysis and, left unattended, can permanently damage you and your organization. If you have trouble making decisions, remember that there are few decisions that are irreversible. If you later discover that you were wrong, correct your course and move on.

-N Hill email

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Started this thread
 
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593

Bob Proctor goes through some detail explaining the mind is not the brain. No one has seen the mind and that it why we have problems, because we think in pictures.

When we set our goal we must see it as a picture. We must be able to picture our goal. We have to create that picture of ourselves living our new life and see it. See the people and things that are there. Hear the words what we are saying and people are saying to us. See ourselves in our new home, walking around in it doing things in it enjoying it. See our new car, see ourselves washing it taking it for a drive on beautiful sunny day.

See our new enterprises flourishing and bringing good to others. See and hear ourselves talking with our executives about the new projects discussing ideas and creating new projects and the excitement and joy everyone it having.

See our lasting contributions and how we are bringing enrichment, joy and fulfillment to those who were in poverty and without hope. See the wildlife preserves and the beauty and vibrancy on nature restored to lush abundance.

See the joy, love and beauty you of the new world you are building and the happiness and fulfillment of all those you touch.

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Started this thread
 
 
aquarian1's Avatar
 aquarian1 
Point Roberts, WA, USA
 
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593


Many businesses today advocate “continuous improvement” as part of their quality programs. They have realized that to remain competitive in today’s global economy they must constantly strive to improve every aspect of the business, otherwise they will be overtaken by the competition.

The same ethic applies to individuals. All of life is a continuous learning experience.

Every success and every temporary setback only serve to prepare you for the time when you will eventually prevail. Your short-and medium-term goals should be realistic and achievable, but your long-term goals should always far exceed your present capabilities.

As the Roman poet Virgil said, “Fortune sides with him who dares.”

From NH email

..........
peace, love and joy to you
.........
Visit my NexusFi Trade Journal Started this thread

 



Last Updated on January 4, 2021


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts