Do you face at least some of these problems in trading?
Intervene in trading by constantly re-evaluating the market.
You have discipline problems.
Fear of opening the next trade after one or more losses.
Greed as a result of several trades with large profits. Opening positions that are more risky than allowed by the Money Management rules.
Increasing risks.
Do not consider each trade as an independent situation, unreasonably believing that they represent a sequence, where each unprofitable automatically increases the chances of profitability in the next.
It is a fairly common belief that about 70% or more of your trading success is the result of the right mindset, and it is not charts and trading skills that determine success. Meditation gives you a holistically realistic view of life. It creates a state of purity and peace of the inner world so much that profitable and unprofitable trades are perceived the same. They become simply events that do not have an emotional component and do not disturb your peace of mind.
The Buddha said that you should practice joyfully participating in the suffering of the world. This does not mean that you should strive for losses! This means that when you receive them (and you will certainly be like any other trader), you will see them as a lesson taught to you by the market, and learn to accept it with gratitude, and not as a personal tragedy that destroys your a life.
Basic Trader Meditation Technique If you just want to start somewhere, there is a very simple form of meditation that anyone can easily master. Just repeat this every day for five days in a row, and then analyze the result.
Find a comfortable place to sit with your back straight. You can sit against a wall, on the floor, or in a chair. Choose what is most convenient for you.
Close your eyes and then inhale and exhale deeply and evenly. You only need to breathe through your nose. When breathing through the mouth, an internal state of fear can be activated and a fight-or-flight response can occur, similar to trying to escape from an attacking animal.
Concentrate on your breathing and try not to think about anything else. To do this, slowly count to five during inhalation and exhalation. Your breathing will gradually become even. If that helps, you can imagine a blank white movie screen in front of you. It can help you clear your mind of automatic thoughts and just relax.
Continue doing this for five minutes. If you need to accurately time the time, set a timer with a soft and soft sound signal. Before you open your eyes, take one last deep breath and imagine yourself calm and collected. Then exhale, get up slowly and continue your day.
Have good trades, my dear friends. Hope you enjoyed🔥
P.S. Leave your meditation techniques below in the comments📭
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