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Sunday 5 January 2014

Taking the Sniper Head Shot while in trading Zone

Taking the Sniper Head Shot while in  trading Zone


Your ability to execute your trade is a function of the amount of fear you generate or the lack of it. Fear is always the result of your belief about the threatening nature of the environment. What could be threatening about the market? nothing if you had the confidence and completely trusted yourself to act appropriately under any given set of market conditions. Essentially, what you fear is not the markets it rather your own inability to do what you need to do when you need to do it without hesitation.


Want to be wealthy then its possible however, there are two things you must do to attain your objective of Sniper trading


1: Instituting a completely disciplined trading approach in your trading strategy
2: learning how to release yourself from the negative emotional energy stored in the memories of past trading experience.


The disciplined approach will naturally help you develop the degree of self trust essential to functioning effectively in the trading zone environment that does not provide any external constraints to limit or control your behaviour, as society does.


Without discipline and a water tight trading plan you will be at the mercy of your own unrestrained impulses and basically out of control.


Self discipline= Self trust
Which will cancel out your own fear and unpredictability of your own behaviour.


It would be ludicrous to think that you could understand the markets behaviour to any degree greater than you understand your own behaviour first.


We were not born into life with fear so stop worry about what the market will do to you if you trust yourself to act appropriately under any market condition. Then all should be fine right? if not the ask yourself why and address the feeling to the answer without judgement. and then silently listen to the answer of what you must do next.


Learning this is essential for any trader to gain the level of confidence to be successful


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