Let Winning Trades Grow Like The Best Traders In The World

In the June 22, 2006 article (entitled "Be a Profitable Trader - 5 Minute Daily Conditioning") in this Blog I said that the first step to becoming a profitable trader is to choose and decide to do so. I described a method of conditioning yourself to consistently make that choice and decision.

Today, I want to elaborate on the third step of that method. The third step is to consider the pleasure you would experience in the present and the future if you did make this decision. Do this for 30 seconds or longer. Imagine yourself getting a string of winning trades in your brokerage account (stocks, options, emini market average futures, pork belly futures, orange juice futures... whatever). Notice how you feel as you do that.

Yesterday, I said to limit the time spent in considering the pain of NOT making the choice and decision of "I am a profitable trader".

Conversely, DO LINGER when considering the pleasure of making the choice and decision that "I am a profitable trader". DO spend as much time as you want on remembering or imagining the pleasure.

Magnify, exaggerate and enlarge the pleasure you remember or imagine experiencing when you get a number of consecutive winning trades.

What I learned from the success gurus who coach the best traders in the world is that whatever you focus on is what you will manifest in your life. So do focus, linger, and spend time in feeling the pleasure of having chosen and having decided on the thought that "I am a profitable trader".

That's how the best traders in the world enable themselves to let their profits run. That's regardless of whether they trade emini S&P's, pork bellies, IBM or Naked Puts.

We'll chat some more tomorrow...

Raymond T. Lee
LeisurelyCashFlow.com
Raymond@LeisurelyCashFlow.com