Friday 20 October 2017

Trading emotions and mindfulness

Humans are sucked into emotional trading  , our automatic  faster subconscious mind using our amygdala , automatically blocks our rational  brain and hijacks us into destructive behavioral pattern in live trading.

            

Amygdala Hijack & Emotional Intelligence


The Amygdala Hijack in Action!





If traders don't understand the mind ,how it works subconsciously in trading , the traders can not have any plans for the 90% risk of under performance due to psychology.It is with the mind where traders lose in trading due to emotions ,stress , need to be right , subconscious emotional executions ,mind traps , automatic mind in trading , beliefs in trading , subconscious errors , brain command center shutdown during trading , brain freezing in trade executions ,the power the thought , negative wiring of human brain and it's performance in trading ,meditation , unreality reading of the real market conditions,cognitive biases in trading decisions , mental traps , benefits of patience and disadvantages of impatient traders , impulsive , self sabotage in trading executions , stress responses , amygdala hijackings ,personality , ego and other psyche characteristics.


Traders are humans and humans have emotions , this movie was very popular because of it's drama portraying emotions .Emotions of anger , frustrations , desire , greed , loss , chaos , silliness ,happiness , overconfidence, loss of control and sabotage and impatience etc .Observe the emotions in the movie , and  learn mindfulness .

The movie is very relevant to traders and ironic to trading , gambling cigarettes , loss of cigarettes and wanting to get their losses back .In trading we try to get our losses back all the time.




You can also go to youtube , by searching on google , with any word from the following words below example is , I want to find 
 trading emotions  , and youtube comes up with the following video.


Learn why I think trading psychology is worth 95% to the overall success of your trading. Find out if you fall in the average trader category and why you make poor trading decision that is holding you back.



About Emotions
There are 8 primary emotions. You are born with these emotions wired 
into your brain. That wiring causes your body to react in certain ways 
and for you to have certain urges when the emotion arises.
Here is a list of primary emotions:
Eight Primary Emotions
  Anger: fury, outrage, wrath, irritability, hostility, resentment and violence. 
  Sadness: grief, sorrow, gloom, melancholy, despair, loneliness, and depression. 
  Fear: anxiety, apprehension, nervousness, dread, fright, and panic.
  Joy: enjoyment, happiness, relief, bliss, delight, pride, thrill, and ecstasy.
  Interest: acceptance, friendliness, trust, kindness, affection, love, and devotion. 
  Surprise: shock, astonishment, amazement, astound, and wonder.
  Disgust: contempt, disdain, scorn, aversion, distaste, and revulsion.
  Shame: guilt, embarrassment, chagrin, remorse, regret, and contrition.
  All other emotions are made up by combining these basic 8 
emotions. 
  Sometimes we have secondary emotions, an emotional reaction to 
an emotion. We learn these. Some examples of these are:
o  Feeling shame when you get angry.
o  Feeling angry when you have a shame response (e.g., hurt 
feelings).
o  Feeling fear when you get angry (maybe you’ve been 
punished for anger).
  There are many more. These are NOT wired into our bodies and 
brains, but are learned from our families, our culture, and others.
  When you have a secondary emotion, the key is to figure out what 
the primary emotion, the feeling at the root of your reaction  is, so 
that you can take an action that is most helpful. 


                      What is Mindfulness?



Mindfulness Meditation - Guided 10 Minutes




Before Sleep | Beginners Spoken Guided Meditation | Chakra Alignment | Chakra Balance



2 comments:

  1. Despite the benefits of using forex robots when trading, to tilt the coin to your favor with best forex robots or gps forex robots, you must be a skilled programmer and trader to do that

    ReplyDelete
  2. To be honest, defining EMA Indicator MT4 is a bit difficult without delving into its mathematics. But before we get our hands dirty trying to figure out the mathematical side of it, let’s take a look at the broad definition of EMA.

    ReplyDelete