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Going Beyond Psychology to make Winning Trades and Nice Profits
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Going Beyond Psychology to make Winning Trades and Nice Profits

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Going Beyond Psychology to make Winning Trades and Nice Profits

Winning Trades...Nice Profits...That's it really!

For 2011 I am further expanding my consciousness way beyond trading psychology and into the very core of why I trade.

In 1985 I worked for a merchant bank at a trading desk, we traded heating oil and stock index futures. I was a student of W.D.Gann and the bank purchased every course on Gann for me due to my good results. So I was paid to learn. In Gann's writings I came across The Tunnel Thru the Air and this passage set me on a what to many would be deemed a strange course.

'I have read the Book of Jonah thru very carefully, and I believe that I understand what the Saviour meant when he said:

"No sign shall be given, but the sign of the prophet Jonas."

I believe there was a secret meaning in what he said; that the Son of man be three days and three nights in the heart of the earth. I believe that a man who understands the meaning of that has all the power under heaven and earth, as the Bible says he shall have. I believe that that is the key to the interpretation of the future. I am sure I have found it and know how to apply it.'


Now Mr Gann, exactly what do you mean by that? The key to the future? The Time Factor?

As a teenager I travelled to India and stayed in ashrams, temples, swam in the ganges, trekked the Himalayas and met many amazing masters from India and Tibet. So I was well versed in philosophy and meditation.

So I decided to study The Book of Jonah. Nothing!

Then I decided to become Jonah. I retreated to my meditation attic and stayed there for 3 days and 3 nights (in the belly of the whale)

During this time I learned many things about the nature of what Gann was writing about. I returned to my trading desk and had 34 winning trades in a row. But...I did not know how I was doing it, and worse, I did not think it would continue. So the 35th trade was a loss and I was relieved.

I then decided to learn everything about the markets and maybe one day I might figure out how I did what I did. The long spiral journey had begun.

I soon realized that the feeling of an impending loss is far more intense than actually losing money. Working as a broker was a way to be in the business without too much risk. So I became a broker.

For years I met every conceivable type of trader with systems as crazy as you can imagine. I read every book on psychology and searched everywhere for the answer.

I saw the coming of electronic trading and positioned myself for a return to actual trading. I was too early, broadband was unreliable and I had no skills in electronic execution. Gradually technology improved, software appeared, I designed some unique studies and set about learning to trade all over again with an electronic simulator. I already knew that making money is the by product of being a good consistent trader. That means making $200 per lot per day in my book. By now the majority of my trades were day trades with some swing trades over a few days.

Gradually I started to realize I was revisiting that state where my 34 winners in a row happened. But this time I understood. Now I was excited and enthused. I'm back to where it all started. Finally!

That state was simply ...Winning Trades...and...Nice Profits! Like a mantra or affirmation, I heard these words over and over. Trading is all about these two things. Just attract them! Being a consistent trader is an emotional journey not an analytical one. I had been a consistent trader years ago with no analysis skills, but I had emotional skills. Now I have great analysis skills and emotional skills. Yet there is more. I want to go on this journey and rediscover what I shelved years ago.

I keep my own private journal with all my ideas and results. I am huge on money management and edge ratio. So I have decided to open this thread on this very good forum for anyone interested in going deeper into consciousness and discovering the powerful beings we really are.

This is about going beyond psychology and the inner side to trading.

Om Tat Sat

Shivaya

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What do I mean when I say Winning Trades and Nice Profits?

It is a sweet state of inner consciousness. I watch the price action and just wait. My mind is just scanning the charts and every now and then chants Winning Trades and nice profits. I'm telling my Inner Self that's what I am after. I want winning trades and some nice profits. This is a definite instruction. My genie goes after these.

This is not a battle or a war, this is simply living in a state of sweet consciousness. Once trading begins ALL distractions are gone. Years ago that was the phone, today it is the web. I have eliminated all distractions for when I trade. Most indicators are gone, most charts too, browsing the net a no-no, phone calls, comfort food and stimulating drinks. Gone! Only water and raw green juices along with fresh fruit and a few nuts during each trading session. Sorry...no coffee or doughnuts. I have discovered I am sharp on green smoothies and fresh fruit during trading. (Champions eat bananas, not doughnuts during the match)

Then a trade will just appear, not a pattern, or a setup, but a trade. There may be several clues on the screens, but there is an Inner Sweetness forming. A Knowing. This market wants to go UP! In a sense I have been able to tap into the consciousness of the market players and sense the next play. This feeling is so reliable I have to act, yet when I do, it's automatic. The finger just wants to click on the bid. Lightly to start, then listening to the feel, add more in the sweetness, then with some profits I take a few off and ride the rest. I eye some targets and then manage stops. That's it!

I have figured that a sweet inner state of consciousness attracts winning trades and nice profits. A fearful state attracts the opposite. So until I was able to trade in this sweet state I'd be going around in all sorts of emotional slippery dips. If I traded like someone has a pistol at my head, well I'll just burn out. There is no sweetness there. If sweetness is not satisfied, nothing is.

Shivaya

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Hey Shivaya, thanks for starting this thread. If you don't mind I would like to start where we left off from the other thread.

Remember the youtube video I linked... CLEAR THE MECHANISM where the pitcher is aging and everyone is saying he can't pitch and that he's all washed up and he should quit. Well, he creates this device that blocks out all distractions he calls "clear the mechanism" so he can strike out the batter.

I understand that that's what you're saying regarding "WINNING TRADES" inhale, "NICE PROFITS" exhale. That too is a device, and not just a device, but something deeper beyond the MINDS comprehension.

This is what you told me in the last post:

Hi RTrade,

I like the video scene. The player already has all the skills necessary........ He is no rookie. But he has a nagging mind like the rest of us. So he knows what to do, he knows he has already done it before and he knows that he needs to first get into the flow state.

The result is in the future. The future does not exist. Only this moment exists. He focuses on the process and not the result. Leave the result to God. This is science.


Well, I have to say, I kinda did it in today's trading. I was soooo upset with my performance in the last two weeks, taking stupid trades and listening to those NAGGING voices in my head like...

"Why did you do that?"...."Now that you're losing, what are going to do?"...."Are you going to post those losing results in your journal for the world to see?"......."You're an idiot, why didn't you take that trade?"....and the list goes on...or should I say the voices

But today, I decided to just trade the trades that I have skills necessary to take. After I took the trade, I set a target that I felt confident that it would reach. I sat calmly and listened to my mind, but I LET GO and LET GOD. And my trades that I felt would go my way, did. I did hear voices say take more trades but I said no to them today....interesting.

A trader named Fulcrum Trader said that he's so successful at trading that it's, and I quote, "BORING." And I see what he means by boring...trading is peaceful, like flying above the clouds, or like the video I linked, clear the mechanism...in the mist of yelling crowd filled stadium, the pitcher finds PEACE. A lot of successful athletes will call that being in the ZONE, where all they see is the objective and everything else is quite and peaceful.


So I will continue my practice of this device "WINNING TRADES" inhale, "NICE PROFITS" exhale. I will also reread Jonah, but most likely I'll listen to it on the audiobible.com. My diet consist of a pot of coffee in the morning with a bowl of oatmeal and raisins, but lately I'm just having 2 cups of coffee and the rest is green tea.

I will also rethink the WAR concept of trading I'll think of it from a different level of consciousness. I use to wonder about boxers giving the sign of the cross when he's about to pound his opponent silly, or when soldiers that go to war ready to kill pray to a God of Love and compassion. There must be some higher significance...

One thing that stuck in my mind in your last post was very universal and it was:

Makes no difference what faith you are. We all use the same mind and emotions.

Yes, so I want to be a peaceful trader or blissful trader or a bored trader if in the end leads to me trading for a living.

Besides, HEALTH is WEALTH

"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
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Happy Winter Solstice Day


rtrade View Post
Hey Shivaya, thanks for starting this thread. If you don't mind I would like to start where we left off from the other thread.

I understand that that's what you're saying regarding "WINNING TRADES" inhale, "NICE PROFITS" exhale. That too is a device, and not just a device, but something deeper beyond the MINDS comprehension.

Exactly rTrade,

I hope this thread will help you along your journey to being a good trader. This is what we want to learn more about in this thread. What is this state we can reach? Great warriors reached it before battle. Fearless. Sports people tap into the zone, the flow but what is this? How do we get there? I am sure many other traders experience this state. I'd love anyone to share those here.

A part of me exists beyond this mind and body. That I call my Eternal Self. Some call it Soul or Inner Being. I am happy with whatever term is comfortable. The point is when I am in contact with this reality of me I trade really well.

The diet I use during the active hours of trading are to keep my body alive and free from digesting strange substances. I watch nature a great deal and notice that every creature in the wild just goes out there and eats raw food. So when I researched raw food there is a mountain of info. Like indicators I take what fits me now.

What helps me get into and stay within this State of Sweetness naturally? The key to understanding the Book of Jonah was in the 3 day/night fast that I did. I figured if Jonah was in the belly of whale he was forced to fast. So I fasted for that time and the realizations just popped in.

Always when great masters face a climax, they fast. In a way the raw food periods I do are fasting and cleansing. In trading I believe everything is linked, body, mind, soul. So first detox. A springtime raw food fast is a great way to begin the year.

Yes, profits can become very routine for those hitting their sweet spot. It is the goal we all seek. No one will last dealing with fear all day long. If I had to battle fear and greed I'd be long gone. I had to go into fear and dissolve it. Fear keeps everyone under control and making errors. A great trader knows you have arrived when fear is no longer present. And fear is never in the present.

Shivaya

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Good idea!

Thanks Shivaya,
I will be here wanting to learn your experience.

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Tuning In

What is the first thing we want when trading a market?

Live data. How do we get this? We have to log into a feed that supplies our favourite market.

News? Tune into a suitable news channel.

Profits? Tune your frequency to Winning Trades and Nice Profits. How?

Consistent thoughts of winning trades and nice profits maintains a "sweet in the zone feeling". This "feeling" guides us to right action. So what could that right action be? To begin with you might ask to be guided to good information.

Almost every valuable piece of information is now available somewhere on the net to help make us a winning trader. The trouble so is the junk. So we now get specific. What exactly do I want? I want information from actual winning traders who make good profits. Mantra becomes...Winning Traders... (who make)... Real Profits. Your higher self will arrange it. Believe it!

My goal always is to get into this State of Sweetness first and then trade. It does not matter what you use in the form of analysis, market profile, MACD, swings, averages, range, volume, renko, time. Sooner or later you will arrive at your own personal favourites. Then you will want to meet your real Self... who dwells within. Your first step every day is always going to be getting into the consciousness of sweetness and then trade.

Shivaya

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years ago a poster asked another to prove his record by posting both his winning and losing trades then I posted i only interest in his winning trades and others think I was just being crazy talk. Anyway what do you think about stop loss?.

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cory View Post
years ago a poster asked another to prove his record by posting both his winning and losing trades then I posted i only interest in his winning trades and others think I was just being crazy talk. Anyway what do you think about stop loss?.

The Sweet Spot in trading will produce figures that are good to study. The favorable ratio between MAE and MFE is what keeps trading sweet for me. It is what I look at first in my trading log. Higher the better! This motivates me to go deeper into the sweet flow zone.

Shivaya

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Hey Shivaya,

Are you familiar with Charles Haanel? He's the guy that influenced Napoleon Hill, think and grow rich, to become who he is. Do you think Charles Haanel's work is related to going beyond the psychology and understanding that inner sweet spot? Because he has a course called the Master Key System, a 24 part system where you study 1 part per week. I wouldn't mind seeing if that'll assist in me getting to that SWEET SPOT when I trade. I believe the concepts are very universal. I've enclosed the whole course.

"Faith is the substance of things hoped for, the evidence of things not seen." --- "Therefore, I Believe it and I will see it. And every day and in every way, I am healthier, wealthier, and wiser."
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