Zen and The Art of Trading

Discussion in 'Psychology' started by martys, Sep 16, 2004.

  1. I am going to take a break and work on my self-hypnosis. I got the feeling the poker's rules are good but any improvement requires a sustained awareness and effort... maybe a little programming can ease the process.

    Thanks Everest, for getting me to see what's in the box. I can tell you now hypnotic trance is probably a little different from meditation for me... a little less specific... a little more passive... there seems to have some boundary in the vision. It could be same as some bad meditation session where you are leaning more toward dozing off or when you have a narrower focus. During good meditation, the mind is actually razor sharp and boundless even though it is in deep relaxation but I don't think such awareness is needed or even wanted for hypnosis to work (bypassing the gatekeeper).
     
    #81     Sep 27, 2004
  2. Hi guys, I am back from my hypnotic trance. I am involved in a big way now... only because there are so much crap out there just like trading. I still have not done enough to tell if it helps my trading but it looks promising. But like I said before, it is different from meditation in terms of requirements and mental posturing... therefore the results are different. I still prefer meditation because I never feel bad from it (once I know how to do it correctly). Sometimes hypnosis can make me feel like I slept in bed for too long... someone whack me in the head... a hangover??

    POKER RULE#12: Don't be impatient about patient... His brain is telling him to play patiently while his emotions are saying, "What's taking so long?" This two must be in alignment.

    OK... I guess my recent reading can explain. It is only normal for people to have stable personality otherwise if they keep changing their behavior pattern... we would think something is wrong with that guy. Just imagine a person keep jumping back and forth between a happy person and an angry person every 15 min... that is not stability. The gatekeeper of our subconscious is doing a good job in keeping us from constant behavioral modifications. Which means if you are not a patient type, there is probably more work then just telling yourself to be patient.
    I think one might have a chance in two ways:

    1) If you are an enlightened kind of guy and you can tap into your own innate essence for power. The power comes from your strong awareness... all your subtle self-talk and make believes and all the game your ego plays will evaporate in the expanse of your wisdom. Just like an old man watching children play. Trust me on this... I know this works but the problem is we are ALL out of practice. I am confident to say this because noone including myself would be reading this thread on how to pick each other's pocket better if I have that kind of relationship with my own innate wisdom.
    But I believe we don't need a fully running engine to get any benefits... it is NOT all or nothing... any awareness will help in living in harmony with our ego. Like they said, our innate wisdom is our inheritance... we will always own that kind of power no matter how bad things become (even if I end up in hell) because it is our nature.

    2) Change your internal self-talk - yes... you need to play with the black box (subconscious), bypass the gatekeeper and do some behavioral modification. There are two way to bypass the gatekeeper: use sheer will and persistence and keep changing your self-talk on the conscious level... eventually you nagged your gatekeeper to death. Or use some technique such as hypnosis to distract the gatekeeper and tap into your subconscious.

    Being an impatient person, I think I like to be impatient about impatient...
     
    #82     Oct 3, 2004
  3. BTW, I did look into hypnosis for penis enlargement but it was going to cost me... So I am too cheap to have a large penis. :D
     
    #83     Oct 3, 2004
  4. :p
    You'd be the only one thinking it had grown anyway. Good concept, when you think about it!

    U..
     
    #84     Oct 4, 2004
  5. Just like that old joke..

    First time my exwife and I went to have sex I came out of the bathroom naked..

    she said "who you going to please with that little thing"

    I said "Myself"

    As long as you're satisified is all that matters...
     
    #85     Oct 4, 2004
  6. which is probably why she is now my "Ex-Wife"
     
    #86     Oct 4, 2004
  7. Maybe she can use the hypnosis (distort her perception). Good thing my wife has never complained about my small size... wait a minute... maybe she did.
    See how the ego playing trick on me and my memory even outside the market.

    "POKER RULE#13 Occupy yourself while you are not playing... It is critical that you learn to enjoy yourself in the cardroom in ways other than in the game itself - by constantly staying, and playing... The fact is, if you are playing correctly, you are going to be doing a lot of folding. So you need to think of ways to fill this time. If you hate this period of time - when you're not playing , and some do - it will have the effect of throwing your game out of kilter."

    Sometimes during lunch Doldrum, when there is not enough warm bodies to make technical analysis to work. I like to drive out and take a break. I can only trade for so many hours... this is another reason I am looking for way to trade more effortlessly so my energy level can be better maintained throughout the day. There are times when I found myself constantly in the market and that is a very BIG red light that "I AM GAMBLING" because the market is random most of the time and if I am in it all the time then I am not playing the highest probability play. Usually I just try to scratch the trade and back off a little when I found that happens. I don't know of what good way to occupy myself - I don't think meditating while watching the screen is an answer... I have heard people selling book and stuff like that out there. Don't get me wrong. I do believe in maintaining awareness - that IS supposed to be the postmeditation practice but thinking I am meditating while watching the screen is probably a little pretentious.
    I don't know... maybe I should get a toy or something while we are getting some for our kid. How do other people get themselves occupied?
     
    #87     Oct 4, 2004
  8. man wow what a laugh! thanks!


     
    #88     Oct 5, 2004
  9. I will probably have to buy this book. Thats an excellent point and one I struggle with because my trading day is from 5pm to 10pm so its late in my alertness timetable.

    Sometimes I watch TV (non-financial) with a timer on to remind me to check every 5 minutes before the bar closes. Sometimes I chat to people in Woodies room but I "feel" that I havent really solved the problem.
     
    #89     Oct 5, 2004
  10. dbs119

    dbs119

    Well martys, the book that i mentioned "zen in the markets" is very simplistic. It says to cut your lossess short and let your profits run. Also the author talks about meditation and mental preparedness, but i do not want to become a true master in Zen, but to make money :)))
    The exercise i like most from this book is this
    Look @ the numbers

    27 28 29

    He then wants u to say which is the first, the second and the third number and also which is the lowest, the highest the middle and if the first or the last is the lowest etc.
    Then he says that you are ready to be a successful trader :))

    And also he says that what matters in the markets is not past or future but the present moment.
    So what i did is buy high,trail stops and sell higher :))))Pretty simple, don't u think so?
     
    #90     Oct 5, 2004