A Strong Trading Mind

[Catch22]

Every breath we take, every step we make, can be filled with peace, joy and serenity.
Thich Nhat Hanh

Patience, persistence and perspiration make an unbeatable combination for success. -Napoleon Hill

First comes thought; then organization of that thought, into ideas and plans; then transformation of those plans into reality. The beginning, as you will observe, is in your imagination
.
Any idea, plan, or purpose may be placed in the mind through repetition of thought.

Napoleon Hill

Changing is not just changing the things outside of us. First of all we need the right view that transcends all notions including of being and non-being, creator and creature, mind and spirit. That kind of insight is crucial for transformation and healing.
Thich Nhat Hanh



I started life washing cars in Canada before moving on to selling life insurance and vacuum cleaners. Later, I went through a programme by Dr. Norman Vincent Peale, which literally changed my life. It was the turning point.
Shiv Khera

 

[amitrandive]

http://darrenhardy.success.com/2014/10/money-making-rules/#article

Remember those two Money Making Rules: #1—Scary work always pays the most. By scary that usually means dealing with rejection, disappointment and the risk of failure. It’s scary alright, but it much, much more profitable.

And #2: Training, mentorship and personal development is always worth the price as they are seeds that reap a perpetual harvest the rest of your life.

 

[amitrandive]

 

[Catch22]

Let me tell you about the middle path.

Dressing in rough and dirty garments, letting your hair grow matted,
abstaining from eating any meat or fish, does not clean the one who is deluded.
Mortifying the flesh through excessive hardship does not lead to a triumph over the
senses. All self-inflicted suffering is useless as long as the feeling of self dominant.

You should lose your involvement with yourself and then eat and drink naturally,
according to the needs of your body. Attachment to your appetites - whether you
deprive or indulge - can lead to slavery, but satifying the needs of daily life is not wrong.
Indeed, to keep a body in good health is a duty, for otherwise the mind will not stay trong and clear.
This is the middle path.


From "Discourse II"
Edited by Anne Bancrof

 

[Catch22]

Different winds come from all directions. Some are clear, some carry dust,
some are cold or hot, fierce gales or gentle breezes. In the same way
sensations arise in the body - pleasant or unpleasant or neutral.

When a meditator sees sensations as he does the winds, coming and
going, clear or dust laden, fierce or gentle, he will fully understand them
and be free from dependence on them. When he understands sensations
perfectly, he will see beyond this conditioned world.

 

[Catch22]

The recluse in the fable kept a cat to keep off the rats, and then a cow to feed the cat with milk, and a man to keep the cow and so on. My ambitions also grew like the family of the recluse"-Mahatma Gandhi

 

[Catch22]

7 Key Tips for Dealing with Difficult Situations

As a leader or manager you can be sure that there will be difficult situations to deal with from time to time. These difficult situations might include:

• Dealing with poor individual or team performance

• Trying to improve an organisation that is perceived to be failing

• A process that it is not working

• Staff or other resource shortages

• Adverse media coverage

So as a manager or leader what are the key tips for dealing with difficult situations?

Tip 1: Establish facts first

When difficult situations arise, it is all too easy to jump to solution mode too quickly. While there may be a limited amount of times when fast action is absolutely necessary, your first step to successful resolution it to establish facts. Remember that facts as opposed to hearsay or opinion are verifiable.

Tip 2: Ask lots of questions

Questions, especially the short powerful variety are a great way of getting to the core issue rather than all the detail that someone is trying to provide to you. Think of it a bit like peeling an onion, each layer is getting you closer to the core.

Tip 3: Actively listen

There is little point in asking great questions if you are not actively listening to what is being said. Resist the temptation to jump in before you have properly listened to the different points of view.

Tip 4: Avoid pre-judgement

We all, if we are honest will form some judgements immediately. While these might be right at the end of the day, don’t let pre-judgement get in the way of establishing the real issues.

Tip 5: Act professionally

The challenge for you is to remain professional at all times. A good test of this is to ask yourself how you would like to be treated if you were not the manager or leader but an aggrieved party.

Tip 6: Aim for win-win

While this is not always possible, you should aim to find solutions that don’t result in a feeling from one party that they have lost while another has won. This might require some careful negotiation around what would constitute a good outcome for all those involved.

Tip 7: Remember there is no one size fits all approach

Each situation is different. While there might be some common ground, remember there is unlikely to a one size fits all approach to difficult situations. Adapt your approach depending on the situation.

Bottom Line – Handling difficult situations is just part and parcel of managing and leading. So where do you need to focus your attention in terms of developing your competence?

 

[Catch22]

A Very good post .Wish to share it here .

Lessons of life and trading run parallel,to a large extent,to my mind.
We need to quieten our minds ,to learn , and to reform ,to do better in any field..

Quotes :

* Its not the load that breaks us down. Its the way we carry it. The stress lies not the situation, but the way we deal with it - Unknown

* Life is just a game. It doesn’t matter what you do, or what you have. If you’re loved till the end, then you win – Neeta Maingi

* Most of our battles are won or lost in our minds. The ignorant are trapped by their thinking. The realization of this is the key to enlightenment - The Tao

* Meditation is not about silencing your thoughts to a point where they become non-existent. It is about slowing down and being aware of your thoughts, but not holding on to them. The aim is to be in control of your thoughts, and not to be controlled by them – The Tao

* Work backwards to find the real solution to your problem. In order to change the results you don't like, you must change your actions. In order to change your actions, you must first change your thoughts. And in order to change your thoughts, you must change your beliefs. The reason so many people don't succeed is because they focus on the symptom and not the cause. Get to the root of change! – Chris Widener

* To make the right choices in life, you have to get in touch with your soul. And for this, you need to experience solitude, which most people are afraid of, because in the silence you hear the truth - Deepak Chopra

 

[Vertigo_1985]

"Here’s an assumption and expectation that ensures that our emotional experience will rise and fall withour P/L. We generally expect to have a good day; by equating a good day with a winning day, we set ourselves up for disappointment when the normal uncertainty of markets leaves us in the red. A good day is one in which we follow sound trading practices, from skilled execution to prudent risk management. Some good days will bring profits, others will not. We can trade poorly and stumble into a profit; we can place a trade with a two-thirds probability of success and lose money as often as an all-star baseball hitter gets a hit. We should expect to have good days, if those are defined by sound trading practice. If sound practices don’t generate profits over time, we may need to tweak those practices. But going into trading expecting profits each day is a formula for emotional letdown.

Never set a goal if you’re not in full control of its attainment.

" - Brett Steenbarger, Daily Trading Coach.

 

[Vertigo_1985]

Myth of Multitasking -

http://jamesclear.com/multitasking-myth