More worries, part 3

...cont'd from yesterday...

One category of solutions that Van proposes is to avoid what worries you. For example, many traders find the sight of their Profit and Loss Statement a cause for worry. One solution is to avoid looking at the P&L Statement during trading hours. Just delay looking at it until after-hours.

A second category of solutions is to change your beliefs about what worries you. For example, if your P&L Statement worries you, change your beliefs about it. You need to capture your thoughts about your P&L so you can change them. For example, if when you see your P&L you think “I’ve got a loss and I don’t want any further loss”, change your beliefs to something supportive. That could be “I’ve got a loss but it’s within my budget so I’m still OK” or “I’ve got a loss but I have faith that by following my Trading Plan I’ll recover”.

A third category of solutions is to immunize yourself against worry. Van recommends following a healthy eating program and a healthy exercise program to strengthen your immunity to worry. Details are in Van’s book, Volume 2 of the Peak Performance Course.

...cont'd tomorrow...

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