Profitable Financial Trading In 1 Second A Day

Do you have 1 second a day to stack the odds in your own favor of getting profits from financial trading? Do you day trade emini futures and have "no time" for trading psychology? Do you swing trade or position trade stocks and have "no time" due to intense focus on economic news or chart patterns?

In the Thursday June 22, 2006 blog article (entitled "Be a Profitable Trader - 5 Minute Daily Conditioning") I described a method of conditioning yourself for success as a profitable trader. That method is powerful and long lasting. It takes less than 5 minutes in total to do it 3 times a day.

After you have practiced that 5 minute method for a few days, you're ready for a shortcut to it that takes less than 1 second to work!

The shortcut is based on the same principles as macros on your computer. First you write out in long form what you want your computer to do. Second you link that long form to a shortcut, either an icon or a keystroke.

The shortcut I am talking about is called an anchor or trigger or some other cryptic name in literature on psychology.

The seminal work on this was done by Ivan Pavlov in Russia. He worked with dogs. He noticed that dogs salivate when he put food in front of them. He then rang a bell every time he put food in front of them while they were salivating. Later, he noticed that he could get the dogs to salivate by just ringing the same bell even without putting any food in front of the dogs.

After you have well-conditioned yourself to think of yourself as a Profitable Trader, then you can install a macro that triggers you into thinking of yourself as a Profitable Trader. The macro works in 1 second!

You can use anything for the trigger(macro). Some things work better than others. There's lots of literature on this in psychology books. For example you can use:

(1) an image on your computer screen
(2) the sound of your fingers snapping
(3) a poke on a body part (your own body!)

Try it. While going through the 5 minute exercise referred to in the June 22, 2006 blog entry, activate the trigger of your choice. While doing that 5 minute exercise, you need to get yourself into a highly emotional state for the trigger to get installed properly. Do it 10 times in a row and you should have it installed.

If the trigger (macro) ever gets corrupted, you'll need to re-install it. Same thing happens on your computer, right?

This is another success secret of the best traders in the world -- using a trigger (macro) to get into a enabling emotional state before trading.

We'll chat again soon ...

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