- We are who we are and we start from where we start
- Each of us brings unique strengths to the markets
- Every morning we agree to play as delighted beginners
- Reality Pays. The more our minds model the market, the more in sync we get
- We build on our strengths and manage everything else.
- The outcome we have is the outcome we want
- If what you are doing isnt working over and over again, re-examine your internal models
- Our internal process is more important than anything else because it drives everything else
- You have the resources to improve your mental trading game. Coaching just helps find them
- We begin our trading practice slowly and build it with flow and grace
- Lean into fear. Fear is a primary cause of failure
- If you are frustrated with the markets, that means they arent following the internal model you have projected on them. Fix the model, save the frustration
- We increase the level of our awareness rather than the intensity of trading
- As we expand our awareness, our interventions will happen sooner and be more creative and effective
- We respect ourselves and celebrate our profits no matter how large
- Change happens when we experience a new behavior that is aligned with who we are, feels emotionally satisfying in the moment and takes us to where we want to go
- If we can experience a new behavior for a moment, we can experience it for a minute, an hour, a week, a year.
- Avoidance is buying pain on credit with interest
- If self-criticism made us trade better we would all be rich
- We allow the markets to breathe through us
- The markets are messy, our information is imperfect, our systems will fail and we can still make money
- All trading systems are successful in some markets, all trading systems will eventually fail in all markets
- The markets dont care about you or your position
- We seek the practice rather than the result
- Learn about yourself with the delight of an anthropologist finding a lost tribe
- We make internal maps of the market, but our maps are always distorted
- Our negative responses are created by our maps, not the market
- By changing our map, we change how we respond to the markets
- All our trading errors have an ultimate positive purpose or intention
- There is no failure just feedback
- You have all the resources you need, although some may be out of your awareness