Risk orientation separates winners from losers, the professionals from amateurs. Only top 10% traders reach this level. You are trading selectively, cutting the losses and running the profits by following the winning trading model of successful traders. This is a huge leap into the world of realistic and consistent returns.
Trading in a relaxed mental environment- Release the Amygdala hijack
Amygdala hijack is a sudden onset strong emotional reaction. Adrenaline is released by the medulla of the Adrenal glands which stays active for about 18 minutes. The decisions in this state of mind are emotional in nature. It is followed by regretting the actions. If you are trading and your hands are clammy, your breathing is fast and shallow and your heart is beating fast, you are in a state of fight or flight. The oxygen supply to the Cerebral cortex where your rational, well thought ideas reside is cut off.
To bring your intelligence back to normal, the cerebral cortex has to return to its normal working state.
Try this exercise in a sitting or lying down position.
Breath in through your nose, hold for 3 seconds, breath out through your mouth and hold for 3 seconds. Keep repeating and let the Oxygen return to your thinking brain.
While doing this, imagine yourself in a calm and safe place. This special place can be a place from your past when you felt really happy.
Now say the following affirmations.
I choose to stay calm, I choose to relax, I choose to follow my trading signals and I choose to respond intelligently.
Read your thoughts. Are they negative or positive?
Check your position size. Is it too big for your account size? What about your stop loss? Is it too far from your entry? If your answer is yes, then your risk exposure is high. You need to bring it down by changing these two variables in order to feel safe.
System or Buy Sell Strategy
No trading discussion is complete without talking about the perfect entry. Traders spend most of their time in looking for one. Fortunately, there is no such thing as a perfect entry that works all the time under all different market conditions so please stop looking for one.
Trading is a game of probabilities. You need to think in terms of probabilities. If you look at our live tested results, our entry/exit strategy works a little more than 55% of the times yet its profitable. Successful trading is not only about a good entry.
I have been a trader for 20 years and wasted 10 of those in finding a perfect entry. I finally found the holy grail by becoming a risk oriented trader and start thinking in terms of probabilities. The a-ha moment came to me when I started making money in the markets by trading well tested low risk trading setups without worrying about my trade to trade results.
Draw-downs , Trade Size and Risk Management
How much money are you going to make in the markets really depends upon how long can you play the game. If you have huge draw-downs, you will not be able to survive the times when winning trades are scarce and believe me there will be times. The flip side is that you will not be there to take advantage of the winning opportunities you will be presented with.
Trading is about managing risk, cutting the losses short and running the profits by keeping the position size under control. This is the only way, you can keep your Amygdala under control.
Account size and Realistic Profit Expectations
Do you know that its almost humanly impossible to jump higher than 50 inches or to run a 100 meters in under 9 seconds?
Everyone has different expectations from the markets. What is your realistic expectation?
Please answer this question using three variables- your account size, your expected return on investment and the time required to grow your account to the expected level. Don’t you have to be consistent and play the game for a long time? Email us at [email protected]
Discipline
Self discipline will keep you motivated and focused in your trading objectives. It’s about being consistent. It’s about trade selectivity. It’s about using and practicing ‘stops’ in the market, conserving your capital in a losing streak and running the profits to maximize gains during winning runs.
How can you Develop Discipline using Neuroscience Trading Technology?
Yes. It’s possible. If you have been a net loser in the last one year, my first advice to you is to stop trading with real money and start trading a demo account. This is practically the best advice.
You need to practice and develop the personality of a winning trader. This will be a gradual process but if you are committed, you will achieve it. You have to:
- Be open to change
- Find your problems in trading, take our guidance and change them
- Create new manageable trading habits
- Have patience to work up towards your goals over time
- Keep the new habits by rewarding yourself
- Stay on the path of self improvement
- trust and believe in the process
- and most importantly stop being a perfectionist and forgive yourself for making mistakes
This way you will avoid catastrophic blunders.
You want your psychology to support you otherwise it will not work for you. This is where Neuroscience Trading Technology (NST) comes in. You need to create new neural pathways. This is a breakthrough technology. It will substitute one trading behavior with another by creating a new superhighway of connected neurons firing together and working in harmony expressing themselves in a winning way. You are going to use your brain’s brilliance to create a new trader in you. You can’t change your current trading habits because that’s how your current neurons are working – You need to replace them using NST.
The Winning Model – Jim Hines breaks the 10 second barrier for 100 meter gold in 1968 Mexico Olympics in 9.9 seconds
After Jim Hines, 143 runners have broken the 10 second barrier till August 19,2019. Why? because there was no winning model before October 14,1968.
Right now you are an accidental trader who has been occasionally successful. Success is not winning. What you need is a blueprint of a successful trader and copy it.
If you don’t have a lot of time to learn and explore situations by making a bunch of errors to figure out successful trading strategies or if you are new to trading, you need modeling and Neuroscience Trading Technology (NST) model is for you.
It gives you only relevant information and will cut the time of your learning. It will give you real time experience of emotions and mental processes without risking your capital. It will give you a high quality trading design to follow. You will have a checklist of specific things and tasks winning traders perform and an opportunity to learn how to cut your losses and run your profits with trading signals and buy/sell trading advice.
All winning traders paper trade to test their skills and strategies before going live. Remember, if you can’t make money on a demo, you will lose badly on a real account.
When Can you go live and trade a real account?
Everyone is different. May be you only need buy/ sell signals or just simple money management rules. In that case, it will be fast but we do ask you to take 100 trades on a demo or produce 25% returns whichever comes first with our money and risk management rules, buy/sell signals and analysis to make sure you have created enough neural pathways to replace the old trader in you.
You have to win consistently on a demo account. It’s an integral part of the process. This is the only proven way to success.
Make a choice that will benefit you in the long run.
Please go through the Mind Maps and Info-graphics page.
