The evidence is there from my own trading journals. That's the point of journaling regularly during the day : one can go back and find what worked. A trading journal is extremely important and one of the most useful tool for a trader. So, sorry, I am going back to what worked. Yes, the coach approach is a bit unusual : * 5 hrs of daily meditation to neutralize the negatives * other stuff to find out the causes of self-sabotage So I am going to stick to what has shown results. What I have done is not unusual : "You know how it is. There’s something you really, really need to do — go out for a run, or get to work on a homework assignment, or start writing the next post in your blog, or get down to your meditation practice — but before you do it you’ll just have a cup of coffee, or check one more article online, or… my goodness, is that a cobweb over there? I really must do some tidying! We’ve all been there. The mind sets up resistances and finds excuses to avoid doing what you think you should be doing. And this applies to meditation as well. You suddenly find all these other things that seem intensely compelling, and before you know it there’s no time left for your practice. You may even be aware — intensely aware — of the fact you’re engaged in avoidance maneuvers, and you torture yourself as you indulge in a constant stream of distractions in order to stay off the cushion. You feel the power of the thought, “I should be meditating — I need to meditate,” at the same time as you experience an even more powerful feeling that you just don’t want to. Not yet. Not now. It’s very painful. Even when your meditation practice is a source of great pleasure, you can find yourself avoiding it. Even when you know that your life it immeasurably richer, happier, and more fulfilled when you meditate regularly, you can find yourself avoiding the cushion . Even when you’ve promised yourself you’ll meditate every day, you find yourself avoiding that darned cushion! There must be reasons of course, and we can end up torturing ourselves by engaging in psychoanalysis. Sure, there may be some part of ourselves that doesn’t want to change ( added from myself : hence some self-sabotage) . Sure, it may be that we’re avoiding some kind of painful experience ( added from myself : I am at a stage where I want all the "crap" dealt with, to face whatever is causing problem and just sort it out) . Sure, we may be reacting to the fact that we’re using too many “shoulds” in our life and subtly or not so subtly coercing ourselves to meditate. We can spend hours coming up with such theories, and often we feel a bit happier once we’ve come up with a story that might explain why we’re not meditating, but the thing is, we’re still not meditating. We’re just involved in a slightly more refined way of avoiding meditation." http://www.wildmind.org/applied/daily-life/dealing-with-resistance Now, maybe the intensity of the meditation ( 5hrs/day) might have starting to bring up the real stuff I am showing resistances to. Had I done less hours daily,may be the resistance will have taken more time to show up. So yep, 5hrs daily is about right to get down to business quickly.
As you appear to be unable to post without mentioning meditation, then you could well be trying to solicit some gullible people who frequent this site to take up some hairy fairy meditation service, which is about as much use as a bull in a china shop for trading or investing. If not, then you have some issues that you need to address, and sooner rather than later.
Now, you are realising how hard it can be to just see things as they are? Yes it is best to be able to recognise what are the resistances to change, and to sort them out in the quickest possible way. I would assume you have never done some real meditation ( not some marketed-meditation as many are jumping into the bandwagon of selling meditation)? Just to let you know, I don't sell meditation, nor trading courses, nor whatever else. I am focussed solely on improving my trading, and I am not shy of trying anything that makes sense to me. So far, I did try a lot of things, and seriously nothing beat real meditation when one wants to see real improvements. Yes I am a believer in what works!
How is meditation going to improve your trading? If you do not know, then how can it work? If you do know, how can it work?
wtfauoa: if this does not bother you too much, why are you asking these questions? is it for yourself or just by curiosity? Just know that I am a big advocate for the meditation retreat I have mentionned in my thread. There are tons of meditation methods, but I have seen results with this one specifically. Let me update the effects. So I have been back on the meditation cushion. It has not been easy, so far I manage around 2hours daily, and sometimes I do 3hours. Very far from the 5hours daily. But I accept this , as it takes a bit of time to really get back fully into it. I managed to do it previously, so I'll manage again to do it. Now, what benefits have I gained over the last few days of meditating? * I had to understand why I was avoiding the cushion : simply because I did not want to face some perceptions I had. I forced myself to the cushion, as well as use the other things (prayers, confessing, coach exercices, etc) turned toward understanding what was bringing this resistance. And I tell you this : I am VERY glad I was into deep self-sabotage into the trading,because without it, I would have never made the efforts to find out what the real issues were. And I would have carried these same issues into different life areas. I am glad we nailed the real issue, at least I hope so. Now, what next? I will just continue doing some "clearing" AND meditation till the next coaching session. Then I guess it will be the same exercice: 1) fix a trading profit target 2) reach it 3) transfer the profits into bank account 4) cash it in 5) do the coach exercices with the money. I systematically blocked at stage 3 or 4. So now, it is all about finding out if the real issue has been nailed, and if I can reach stage 5 easily. I might ask the coach about introducing a step after 2) just watch the profits and do not trade to add temptation to get undisciplined.
Because it is ridiculous and has absolutely nothing to do with making money trading. Meditation, and any other way one chooses to look for ways to deal with their misunderstandings and shortcomings, can not be applied to financial trading in the same way that they can be applied to other areas of daily life. There are valid reasons why, and all one need do is to carry out some proper research on how the financial markets work. You can try and prove me wrong if you like, but I will be waiting a long time.
Let me point out that here I am talking of a problem at stage 3 and 4) , not at stage 2) aka reaching a profit objective. Now, what you seem to be pointing out is about doing stage2). So if one has a given trading objective - stage1), can the person reach it - stage2) : are you argumenting from this perspective, or am I mistaken?
I am saying that meditation and the like is of no use what so ever for trading, as the financial markets can not be approached like normal everyday things. It does not matter what stage you are at, as it will not help you make money trading due to the reasons mentioned.
Let me ask you a question to explain what i said: Can you fix a trading objective, and then reach the trading objective ? aka step2. Because may be it is step2 you are thinking about.
Hahahaha yeah exactly, some people are partying hard, but we here are CONFESSING HARD!!! Ok. So the way we do the confessions : no BS method. We get to the matters, that's why we get results, and miracles occur. That's the point: achieving the impossible. So we are still on track. And the list is full till 2017. * * * So what does this mean? Again, "Mesdam and Ladies", for those who have not had the chance to get a "confession slot" - as my time is limited- please head for 5 dhamma dot org 10-days retreat sessions, then if you are still having problems, by all means let me know and you'll jump the queue and I will do some overtime just for you. The fees of $50K/session will be totally lifted for you obviously, but again FIVE retreats first. Also, do not waste time by just waiting for 2017 for a "confession slot", just head straight to the 10 days meditation retreat.