There are lots of common mistakes made by traders. That’s to be expected. After all, it’s one of those businesses where just about anyone with little or no training and very little capital can start. And no matter how much you might try to learn in advance, you’ll still end up needing to learn on the job. The problem of course is that mistakes are costly. And many find the cost to be too high before they learn how to … Continue reading →
The Free Course contains a series of daily guides to get you started. You won’t be an expert after it but you should start to see how you can use it to improve your trading performance. Remember that you don’t want to be an expert. That’s not your aim. Your objective is to become a better trader and you want to use mindfulness to the extent But, before you start, there are two things of huge importance. The first is … Continue reading →
Just as every long journey begins with a small step then at some stage you need to start to practice mindfulness. But wait a second. The first step must be in the correct direction or else your journey will be wasted. Or worse, it will take you further away from where you want to be. So it is important to not only make a start but to do so in the correct manner. That is where the guide comes in. … Continue reading →
What does mindfulness in practice look like in the everyday world? My good friend Andrew Dawson is a trader I respect. I particularly like his whole philosophy and approach to trading. And he captures a lot of this in this post where he compares his two passions: trading and gardening. The links between gardening and trading might not at first seem all that obvious to most people. But to me they are pretty strong. There are a couple of … Continue reading →
You must overcome stress if you are to have the emotional consistency that is required while trading. Mindfulness will help you do this by focusing your mind on what really matters while trading: the information that the market is providing. It does this by concentrating your mind on what is happening at the very moment when you need to make decisions. This avoids making decisions on the basis of fears or hopes about what might happen in the future or … Continue reading →
Mindfulness meditation is not the total practice of mindfulness, but it is an essential part. If you are unfamiliar with mindfulness, here is a good place to start. It’s not the whole of it because mindfulness will become part of everything you do, from the simplest of tasks to deep concentration. But you should not avoid setting aside discreet periods of time where you will meditate. Of course, just as meditation is only one part of mindfulness, so also is … Continue reading →
There are many different meditation techniques. But, what comes to your mind when you hear the word meditation? Possibly someone promoting some evangelical adherence to an Eastern form of mysticism? Perhaps someone promoting vegetarianism? Or maybe someone sitting in an uncomfortable position and turning off from the world? A way to drop out perhaps? Or a way to rip off the gullible by dressing up snake-oil nonsense in a cloak of respectability by associating it with an ancient wisdom? You … Continue reading →
So you’re a trader. You objective is to make money. If this is not the case then you need to think about why you are trading. Winning does not come easy. You will have encountered many barriers to success. And now, you are considering if mindfulness can help you towards your objective. But there is a lot of steps involved here. What are you Really Looking For? You don’t actually want money. What you really want is to be … Continue reading →
The mindfulness exercises you will encounter are largely aimed at training your mind to pay attention to the present moment. There’s more to mindfulness than that of course but it is an important aspect. However, you will notice that the focus appears to be mostly on the body – your breathing, what feelings are in your body and so on. It is soon clear that in training the mind to pay attention, the attention is being paid mostly to the … Continue reading →
