Just found an exercise to make sustaining changes, in trading, and in personal life. Read it in Steenbarger's book "The Daily Trading Coach: 101 Lessons" . This exercise (if it work) will save me thousands and probably all my trader's carrier. After my last post this destructive psyche pattern resumes, and every time it gets more painful. Yesterday's pl chart, it is self explaining ... And I was doing this kind of thing too much lately ... That my problem pattern just vanish all my knowledge, experience and all very hard work.
Movie 1: That one is constructive step, creating positive emotions for changing - I sit down to trading, I get a big loss, time is getting near to the off, I just turn off the market, and proudly with lots of satisfaction and understanding that trading is only probability game (I will be in the nice green in the end of day), I open new market and wait for another opportunity to make a trade.
Movie 2. This one is going to be destructive, to make me afraid of failing - So I get a big loss, time is getting near to the off, I can't accept a loss, and I am still fighting market to get may money back, I get even bigger loss, what I can't except, full with frustration and anger I turn on in play mode, and make a bet with all my trading balance on the first horse's odd falling dawn. And that horse of course fails and I loose all my money AGAIN. Full with self blame, anger, frustration and depression I leave trading for that day...
So this exercise should work in every change in our lives what we want. In this way we train our brains for the new patterns and get afraid of destructive ones.
I am gonna try this !!! If this gonna work, I will use it every time when I need to make a change for reaching goals what I want
Good luck
