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Are Your Images of Your Trading Day Motivating or Frustrating?

The images of today’s society are thrown at us to encourage us to want bigger and better, more, and faster. We are literally bombarded with high priced images and images that draw on our human desire to succeed in our lives. Status symbols are all over the place and often we know from the beginning which ones will excite us. Whether we want large yachts, expensive cars, million dollar homes, or a life of financial freedom, we all want something and we focus on the images that spark desire in our lives.

The day trading lifestyle often conjures up images of successful people playing hard with their expensive toys. Day trading attracts the people who want some of the biggest and most expensive toys because it is a known profession built off of success and money. However, since there isn’t a quick short cut into the mainstream of monetary award, many people who came into day trading with hopes of a financially rewarding experience are now finding those same image that once motivated them a source of discontentment, overwrought with feelings of failure and impatience, and frustration. A successful image no longer feels good.

Those who hold onto their frustration or even the images that once spurred them into trading often do not do as well as those who realize that trading is nothing more than a process that deals with skill, knowledge, and a basic understanding that their chosen path is not an easy one. Setbacks do not mean failure when you are more focused on the education and experience than the big reward at the end of a really good year. You can get there, but you will get there faster if you hold the process above these images of fast cars, hot women and men, and large scale life. You didn’t walk onto a movie set but you are dealing in real life. And real life isn’t so simple. The market isn’t simple. It moves around on you like a squirming fish out of water.

How do you use the images in your head while you are trading? Are you thinking about the financial gain and the next big toy or are you feeling the thrill of the trades that brought the house down, the good calls you’ve made, or the adrenaline rush as the ticker tape climbs right before the closing bell? The images that you flip through your mind during the trading day will either serve you well or they will work against you in the long run. Images of physical possessions generally do not motivate a trader on a bad trading day in the same positive way that images of the most exciting trade of the week do. It is all about focus.

When you focus on the reward, you become terribly frustrated when the reward seems to be slipping farther and farther away. This has the potential to rock your confidence and bring negative emotions into your trading day. This of course, can lead to some pretty costly mistakes if you allow it to. When you keep your focus on the process you can often take a loss without harm and walk away to the next trade with a little more knowledge under your belt and a little time to refocus your energy on the next event. Focus can either create energy of take it away, depending entirely on what you choose to focus on during your day.

As you go through your trading day, you are bound to find different motivating images that flash across your mind. When you find the ones that really seem to get your juices flowing in a positive direction (regardless of whether you are coming off of a winning trade or a losing trade) then you will know where to redirect your mind when it starts to lose its focus.

The use of motivating images has been used for decades in order to inspire athletes, artists, trading experts, and all kinds of people who deal in a rather aggressive and unforgiving environment. When you learn to harness your images and help them to help you, your trading day will be inspired, not frustrating, no matter what happens.

In the mean time, Good Luck on your journey to success…

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Can’t Stop Me Now (Beat by Iratz)

Today’s my 4th day off Lexapro and it’s hell. I tapered off the drug, but clearly it’s made no difference…

in regard to these withdrawal symptoms. Every withdrawal effect the sites show, I’ve got. Hot flashes all day, brain zaps, drilling headache, nausea, shakiness, diziness, trouble walking straight or standing up. I’m agitated beyond anything I’ve ever felt (WAY worse than I normally am with PMS even). I feel like I’m completely zoned out. I’m getting the willies just being here in my body. This is horrible. Does anyone know firsthand how long this will last? I want it to stop. I can’t sleep (insomnia, a known effect) or even think properly.

If it is unbearable which it sounds like it is, talk to your Doctor about being on a lower dose and if you are already on the lowest dose then ask if there is something comparable such as Celexa, Prozac, Paxil etc.

These are drugs that are all in the same class. SSRIs. Please don’t listen to the person right below me. They obviously have no formal schooling in Pharmacokinetics and Pharmacodynamics (what the body does to a drug and what the drug does to the body).

It does take some time with certain drugs for you body to get use to but nonetheless, if this is something that is getting in the way of your daily routine, then as I mentioned before talk to your Doctor about getting that medication changed to something other.

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