Being present

...continued from yesterday...

This is part of this week’s series of blog articles about Ari Kiev’s book Hedge Fund Masters: How Top Hedge Fund Traders Set Goals, Overcome Barriers, and Achieve Peak Performance (Wiley Trading)

Another theme prevalent throughout the book is the notion of “being in the present”. That’s “present” as distinguished from the past or the future. Ari mentions many benefits for trading when you stay “in the present” as distinguished from the past or the future. Some of these include, but are not limited to:

Freeing yourself from fear and anxiety;

Freeing yourself from greed and freeing yourself of stress from needing to achieve the profit/money goal that he says you ought to set for yourself; and

Enabling yourself to perceive things relevant to your trading decisions that you would otherwise miss.

In his book, Ari describes a few of the ways of learning how to maintain for lengthy periods of time the state of "be in the present". One of the ways is to focus on your breathing. Other ways are mentioned but will be omitted from this article as mention of them may be offensive to some religions.

...continued tomorrow...

Copyright 2007 Raymond T. Lee. All rights reserved.
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