Zen, Yoga, Meditation and Trading

Discussion in 'Psychology' started by Karma Yogi, Oct 12, 2006.

  1. You do realize that Indians aren't the only ones who meditate. I've been practicing Buddhist meditation for years and most Indians aren't Buddhist.
     
    #311     May 21, 2008
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    The Dark Night of the Soul:













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    The moderator can close this thread now.
     
    #312     May 21, 2008
  3. moorey

    moorey

    mantra meditation is great technique for mind relaxation. I have also founded a website which provides great tips on mantra meditation . If you want to know more on mantra meditation just click on the link below.



    Passionately wealthy
     
    #313     Mar 27, 2010
  4. Cheese

    Cheese

    This thread has been revived and this is a subject worth revisiting hence this post by me.

    Firstly, as I have often written at ET, you cannot become a winner in trading without a successful methodology. Methodology is the key.

    But a temperament that makes you a successful trader is also essential. At ET different words are used for this requirement, discipline being one of them. As shown on ET there are many temperaments with attitudes that usually don't work for trading - anger, time wasting, diversions, irrationality, biases, prejudices, pre-conditioning and so on.

    Those that are lefties or anti-banker, anti-rich, anti-Goldman Sachs or anti-Fed are unlikely to become winners. Why? Because if you intend to make yourself rich you are going to join that world. Disparaging that world tells everyone you are determined to remain a loser. What the rich and powerful display is just human nature but human nature when equipped with power or money or both.

    Independent trading has no barriers apart from the very significant barriers you can or do erect against yourself. You can make yourself rich. The markets facilitate that opportunity.

    So coming to the practicalities of a suitable temperament there is the need for an open and neutral mindset for the purpose of trading. Next a calm undisturbed outlook is required. You may therefore need meditation as a help. You have to be confident and completely relaxed with your mind applied only to the market. A fretting, frayed, tense or anxious mindset contending with other concerns or worries is usually anathema for task of using the market as a daily cornucopia. Thus to be at peace and able to focus undisturbed must be at the center of your mindset.
    :)
     
    #314     Mar 27, 2010
  5. I haven't tried it, but saw a positive review for this program:

    http://www.meditationshift.com/

    Meditating is something I have always been interested in and it was one of my New Year's Resolutions. I am behind and need to get started soon.
     
    #315     Mar 27, 2010
  6. Midas

    Midas

    #316     Mar 27, 2010
  7. RichKid

    RichKid

    Her you Go: http://www.youtube.com/watch?v=4noQ0MD1_8s meditation very hopefull.. from head to your body before trading you must do something fizikal and then just eat and think about market and your ego .. after you can meditat, sorry for my language ! peace !
     
    #317     Mar 27, 2010
  8. Meditation is quite useful to help you accept and not be attached to being in the process of blowing out your account.

    Thinking it's going to turn you from a losing trader into a winning trader is just another dubious trader myth the likes of:
    1) given enough screen time you will get it.
    2) work hard success will come
    3) you just need to find an edge (aka unicorn)
    4) your computer /connection just ain't good enough
    5) find the holy grail indicator to predict the future then you will turn the corner
    6) If you could only afford that black box " system x" you would be consistently profitable
     
    #318     Mar 28, 2010
  9. riskarb:

    I have sat for a 10-day course, definitely worth taking...
     
    #319     Mar 28, 2010
  10. Midas

    Midas

    I want to do this one day. It is hard for me to jump ship for 10 full days (wife, kids, bills, etc). One of these day I will do it.
     
    #320     Mar 28, 2010