Page 13 - Psychology Course Study Manual
P. 13
Compound this with violent movies and TV programming and it is no wonder people focus on
and energize fear based thoughts which then manifest themselves in reality. This is why I say
you must protect your thoughts from manipulative outside forces and focus your energy on
wholesome, happy, and fun thoughts creating the life you want, not the life someone else
wants for you!
Realize that you must react and be aware of the risks of trading the financial markets. Many
"positive thinkers" preach that if you think ONLY positive thoughts and say ONLY positive
affirmations you will succeed. While this may be a good start, it falls short of what is
needed. You must live in full awareness. Let your positive beliefs lead you to take the actions
of success. Traders that blindly enter the financial markets and start trading simply because
they are thinking positively ignore the full spectrum of what is possible. Acknowledge both
sides of the coin, the good and the bad. React with full-awareness. To react with only positive
thoughts or only positive outcomes would cause you to neglect attention towards risk control.
On the other hand, to live in the fear of only losing will cause you to react with fear, anxiety,
negativity and aggression which is equally destructive. But the ultimate trading state of mind is
one of full awareness without fear, anxiety, or despair. It allows a balance that manifests itself
into a positive reality creating a feeling of abundance and good will.
Trading Denial
Denial is a insidious and serious condition that can be extremely dangerous to traders. Out of
all the human conditions, denial is one of the most harmful.
Denial keeps us stuck in a negative event over and over again regardless of the outcome. Have
you ever heard the saying that madness is doing exactly the same thing over and over again and
expecting a different result? Denial is usually why people do this!