Vol 3: Attitudes for peak performance

...continued from yesterday...

Volume Three of the Peak Performance Course for Traders and Investors is entitled “How To Control Losing Attitudes”.

To model successful traders, you need to model their beliefs (including values – ideas about what is important/unimportant and what is right/wrong), mental strategies/syntax, and mental resources (emotions). This volume 3 is about beliefs to model.

Some beliefs have widespread influence over your life whereas other beliefs have a lesser impact. The hierarchy of importance from widespread to limited effect is: Spiritual beliefs > Beliefs about Identity > Values (ideas about what is important/unimportant and what is right/wrong ) > Beliefs about your Capability > Beliefs about Behavior > Beliefs about Environment.

Beliefs of top traders/investors to model:

1. The universe is already perfect. Only your judgment makes it appear good or bad.

2. There is no such thing as a true or false belief.

3. The universe has a purpose – it is evolving. Within that purpose, there is no success or failure, only results and feedback.

4. The universe is non-material.

5. The world does not lack resources, only people’s model of the world lack resources. A resource is a state of mind. All you need are states of mind and you already have them in you.

6. Reality is vibration so what you dwell on is what you attract into your life.

7. The universe gives you balance so that if you want something you get its opposite too. To avoid that, raise your vibration rate so that the extremes become insignificant – you just are.

8. Success requires congruent commitment. Once you get committed the universe moves to support you.

9. You are part of it, so when you change, it changes too.

10. Go with the flow. Find out what’s right for you and do it.

11. Whatever happens to you, you are in some way responsible.

12. You can relive the past or plan the future in your mind, and by doing so you change the future for the better.

13. Success in trading has nothing to do with market analysis. Instead, it has to do with developing and executing low risk ideas.

14. Mental rehearsal of your trading plan is important for peak trading performance.

15. A mistake has nothing to do with losing money. It’s not following your own trading rules that are mistakes.

16. Daily self-analysis is critical to peak performance trading.

17. Proper money management is critical to trading success.

18. It is important to plan your goals. More extensive planning on one or two goals is better than scatter attention to many goals.

19. Have fun achieving your goals.

20. Money is not important. Making it important interferes with peak performance trading.

21. You are a worthwhile person and your self-esteem has nothing to do with making money or success.

22. You believe you will succeed.

23. Trading ecology is important. Your trading is somehow beneficial to the world. For example, your trading contributes to market liquidity which benefits everyone.

...cont'd tomorrow...

Copyright 2007 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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