Beliefs That Sabotage Traders

This is a discussion on Beliefs That Sabotage Traders within the Psychology, Risk & Money Management forums, part of the Methods category; OK. I'll try. OK. So when I learn that me and my thoughts arenít the same, and my thoughts are ...

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Old Mar 2, 2011, 5:47pm   #9
Joined Jul 2003
Re: Beliefs That Sabotage Traders

OK.

I'll try.

  • OK.
  • So when I learn that me and my thoughts arenít the same, and my thoughts are the voice in my mind of my beliefs and by observing them, I change them, what do I change them to?
  • And how do I know these new beliefs can be any better trusted?
  • Shouldnít I observe these new beliefs too, and in the process, wonít they change to even more new beliefs?
  • How do I stop the endless cycle of observing my beliefs and in the process of so doing, changing them, to new ones,
  • themselves to be observed,
  • and then changed again, by that process?
  • Iím not sure Iíd have any room left for fear to enter and to push me into avoidance,
  • unless it was the avoidance of observing my beliefs any further.
  • And how do I know Iíd end up, wherever I stopped observing, with beliefs that were
  • any better than the ones I didnít know I was trying to change in the first place?
  • Breathing?
  • Are you kidding?
  • Iím hyperventilating doing all this observation and belief changing.
  • Should it be like this?
  • Iím feeling really giddy.
  • Ah, right, this is why you mention intensity of emotion.
  • Iím feeling that right now.
  • Not sure about psychological demons as
  • I no longer have any belief in their existence,
  • but Iím still observing my beliefs so that could all change shortly.
  • Before you move on to awakening my heroic nature,
  • can you please just help me get through this?
  • I was feeling OK but confused.
  • Sure the trading was easy and profitable and life was good.
  • But now, I just want to climb the bell tower and shoot all those senseless, selfish fools and their Muslim ferrets
  • who secretly plot to take everything I have.
  • I never used to feel this way.
  • What should I do?
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Old Mar 2, 2011, 5:59pm   #10
Joined Jan 2010
Re: Beliefs That Sabotage Traders

Rande Howell started this thread
Quote:
Originally Posted by Mr. Charts View Post
Stop navel gazing and concentrate on the cross hairs.

Why do Americans name their sons, Randy/Rande? Do they introduce themselves to women by saying, "Hey, I'm randy" ?
I've always thought a slightly more subtle approach was more successful.

Richard
I've asked myself that many times. Guess Americans are not Brit-centric. I've had a couple of people burst out laughing when I've introduced myself though. Guess it follows why Americans name their sons Dick.

But done is done. Actually I was named after a friend of my father's that was shot down over Germany on a bombing raid from UK in WW11. So it's even more ironic. Fortunately the joke doesn't hold in the States. Now I just think its funny.

By the way, my libido is in the normal ranges.

Rande Howell
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Old Mar 2, 2011, 6:03pm   #11
Joined Jul 2003
Re: Beliefs That Sabotage Traders

Quote:
Originally Posted by Rande Howell View Post
Actually I was named after a friend of my father's that was shot down over Germany on a bombing raid from UK in WW11.
Was he going or coming back?
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Old Mar 2, 2011, 6:08pm   #12
Joined Jan 2010
Re: Beliefs That Sabotage Traders

Rande Howell started this thread
Quote:
Originally Posted by TheBramble View Post
Was he going or coming back?
Not sure. All I know is that he died in service to his country. My father got immensely lucky, he met a general in a card game and became his personal pilot for the duration of the war. And he didn't have to fly sorties again. The odds were really stacked against those guys. And my father's been dead for a number of years so that's where it will stay.

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Old Mar 2, 2011, 6:09pm   #13
 
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Joined Sep 2001
Re: Beliefs That Sabotage Traders

RIP your dad and his friend.
Richard
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Old Jun 10, 2011, 4:11pm   #14
Joined Jan 2010
Re: Beliefs That Sabotage Traders

Rande Howell started this thread
Quote:
Originally Posted by TheBramble View Post
Can you post the ind that will negate the effect of all of these beliefs?

No?

Any suggestions you can post on here that will negate these beliefs?

No?

What help can you offer then?
First slow down the incessant chatter in mind. Breathing and relaxation.

Second. Develop a mindfulness practice that allows you to separate your thoughts from who you are. Start recognizing that thoughts give voice to the self limiting beliefs that compromise your capacity to trade from impartiality.

Third. Once emotionally regulated and in mindful mode, start directing your attention to the more constructive parts of your mind. That is where re-design of the self begins.

Fourth. Practice.

Rande Howell
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Old Jun 10, 2011, 4:16pm   #15
Joined Jan 2010
Re: Beliefs That Sabotage Traders

Rande Howell started this thread
Quote:
Originally Posted by TheBramble View Post
OK.

I'll try.

  • OK.
  • So when I learn that me and my thoughts arenít the same, and my thoughts are the voice in my mind of my beliefs and by observing them, I change them, what do I change them to?
  • And how do I know these new beliefs can be any better trusted?
  • Shouldnít I observe these new beliefs too, and in the process, wonít they change to even more new beliefs?
  • How do I stop the endless cycle of observing my beliefs and in the process of so doing, changing them, to new ones,
  • themselves to be observed,
  • and then changed again, by that process?
  • Iím not sure Iíd have any room left for fear to enter and to push me into avoidance,
  • unless it was the avoidance of observing my beliefs any further.
  • And how do I know Iíd end up, wherever I stopped observing, with beliefs that were
  • any better than the ones I didnít know I was trying to change in the first place?
  • Breathing?
  • Are you kidding?
  • Iím hyperventilating doing all this observation and belief changing.
  • Should it be like this?
  • Iím feeling really giddy.
  • Ah, right, this is why you mention intensity of emotion.
  • Iím feeling that right now.
  • Not sure about psychological demons as
  • I no longer have any belief in their existence,
  • but Iím still observing my beliefs so that could all change shortly.
  • Before you move on to awakening my heroic nature,
  • can you please just help me get through this?
  • I was feeling OK but confused.
  • Sure the trading was easy and profitable and life was good.
  • But now, I just want to climb the bell tower and shoot all those senseless, selfish fools and their Muslim ferrets
  • who secretly plot to take everything I have.
  • I never used to feel this way.
  • What should I do?
Acknowledge that your satirical wit is standing in the way of builting a more effective mindset through with to see life. Or become comfortable staying in existential angst.

Rande Howell
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Old Jun 10, 2011, 5:32pm   #16
 
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Joined Sep 2001
Re: Beliefs That Sabotage Traders

Aha ! You have realised Tony turns the key clockwise until it's very taut.
__________________
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