iklan

Monday, April 26

Magic is believing in yourself

excerpt from the trading doctor

Magic is believing in yourself. If you can do that, you can make anything happen...Johann Wolfgang von Goethe


This trap is deceptively simple because most people, when questioned, will tell you that they totally believe in themselves and deserve to be successful as traders.

Yet, when you expose the majority of people to the myriad of real time decisions afforded by the market, this belief system reveals how fragile and fleeting it is, and begins to fall apart. Traders spend more than 90 percent of their time thinking, questioning, doubting, reassessing, struggling to keep focused, being whipsawed by emotions and just plain worrying if they are doing or not doing the right thing. What part of any of these activities reflects authentic belief in oneself?

When I say believe in yourself, I am not talking about superficial muttering for the sake of political or social correctness. I am talking about a deep-seated, absolutely incontrovertible and unshakeable belief in yourself as a consistently successful trader. This is among the most difficult challenges you face because it requires you to construct an adequate and realistic self-image and then use that image to propel you to achieve your trading goals. It is like making a movie of yourself or setting the stage for the most eloquent performance of your life.

More than that, it requires that you go deep within yourself to those messages which were given to your limbic rat brain memory at an early age. Many of you can identify with these messages. They may be hurtful, painful and very deep- seated. How many times when you were growing up did you hear the word “No?" How many times were you told that
you were bad because you did this or that, or you would be punished if you did not say things in a certain way, and all of

the horrible things that might happen to you if you disobeyed or did not listen? How many times were you told that you would never amount to anything and that you were just plain not good enough?

These limbic rat brain memories are intensely powerful and also very sneaky because many of you have spent your lives hiding from them or denying them. Because few want to admit that they harbor massive insecurities, they act out their lives in such a way as to make these messages self-fulfilling and then sit around scratching their heads and wondering why they are not getting anywhere or why they are failing to achieve their goals. In essence, what people are doing in this situation is affirming the negative messages stored in their brains. If your self-image is one of shame, guilt, anxiety
and insecurity you will sabotage your trading IN ORDER TO LOSE. Yes. You will set yourself up, just as more than 50% of
traders do, to actually lose. This then reinforces that you deserve nothing good and deepens the shame and self- contempt. I know it's not easy for many of you to hear this, let alone wrap your brain around it as it applies to you. But, you must be strong enough to do it, because it means the difference between failure and success in your trading and your life.

What do you do about this? It's simple, but not easy. You must reprogram your brain with new messages about yourself. You must literally begin to see yourself as successful, confident and powerful. You do this by making new mental images, by re-etching your limbic system with messages of empowerment. Make a new movie of your life, with bright and colorful pictures of joy and unlimited success and happiness.

Some people do this through constant and unrelenting affirmations which they practice on a regular basis several times a day until the messages get through. It takes approximately 21 days of consistent and dedicated practice to change a habit. It takes 21 days of constant, dedicated repetition for one positive message to get entrained into your nervous system.

What is required to change your belief system about yourself is to truly see yourself as successful. It is like taking a photograph of yourself right now and then stepping back and looking at how you would like it to be if you were living up to your full potential. There are many ways to do this and I will go into much more specifics in a future edition of The Trading Doctor Monthly Newsletter. For beginners, try this simple experiment: Right now, pay attention to how you are sitting in your chair, the look on your face, how your shoulders are positioned, your posture and demeanor, and how you are feeling about yourself. Be radically honest about it. Take a snapshot of it in your mind. Now - stand up and walk away from the chair to the other side of the room. Look at the empty chair and picture yourself sitting in that chair as the person you would like to be. Picture how you would look and feel if you had everything you wanted. Keep taking snapshots of success in your mind. Keep doing it. Now, walk back to your chair, sit down and be that snapshot of success and fulfillment and true esteem of yourself. How does that feel?

This is the beginning of neurological entrainment of positive affirmations. . This is the start of believing in your ability to do anything you want to do. This is the start of your new truth which you will etch onto your brain one day at a time as you master your mindset on the way to full realization of your true and authentic self as a powerful trader and human being. You are more powerful and precious than you will ever know. Everything that you truly are, you are now becoming. It works if you work it, so make it work now. Lights, camera, action...Go for it. You can do it, and you deserve it!

Some people say I have attitude - maybe I do...but I think you have to. You have to believe in yourself when no one else does - that makes you a winner right there...Venus Williams.

Thursday, April 22

hai knape la malas sangat nak exercise

pekara exercise yang perlu aku buat....
kenape la malas sangat aku nak exercise

Tend to your body first. Exercise or do some kind of orchestrated movement every day. I work out at the gym in the evening and do yoga or pilates in the morning. People that work with me know that when I say "yoga" it means that I stop what I am doing, unplug the phone, and get down on the mat to restore myself. Find the style and time of day that is best for you and start now. Even if it's only 15 minutes a day, it is a great start to a lifetime of self-care. Focus on YOU first and the rest will take care of itself.

Practice being in the moment with your eating. Eat slowly and think about every bite. Make slow eating a ritual. Turn off the TV, computer, blackberry, cell phone, or whatever else you are using to multitask, and just sit there and eat. Focus on what you are eating so that you are filling your body with clean, healthy food which fortifies and restores you, rather than depleting your energy stores. You truly are what you eat, so you should know what happens when you live on junk, fried, high fatty and simple carb-laden food. Substitute these with walnuts, almonds, fresh fruits and veggies.

Take time out. Don’t sit at your computer screen hour after hour watching every single tick. Make your quota for the day and then stop. Go outside and be with nature, or take a walk to reconnect and find your center. When you are in your center, you are the most relaxed and receptive. Practice getting there, being there and feeling fully alive.

Try progressive relaxation. Breathe deeply and focus on relaxing each part of your body, starting at your head and ending at your feet. Doing this for 20 minutes a day will lower your cortisol level and reduce food cravings.

I love the use of aromatherapies for relaxation. Pure organic lavender, rose and vanilla are great stress reducers. Simply inhaling these in proper proportions sends relaxation signals from the olfactory tracts and receptors of the nose directly into the primitive, emotional brain, resulting in a quieting and calming effect

Monday, April 19

why i lost knm

innalilla wainnna illa hirajiun.. ya alla ganjarila musibah ni dan gantilah ia dengan yang lebih baik lagi....

why I lost this *%&@!...
first aku tak ikut system aku..
then I cut lost ikut sistem aku..
my emotion tak tahan yang dia nak jatuh lagi...lalu aku jual

what I had learnt
first I MUST follow my sistem and always remember tak semua yang kita buat akan untung its all 50:50

dalam erti kata lain dalam dunia ni rezki ur must work hard.. tuhan da beri kau akal dan tangan...tak kan dia nak suap rezki tu dalam mulut kau.. banyak kerja lain lagi dia nak buat.. siapa aku... aku bukan wali.. subuh pun banyak kali da tinggal.. almost setiap hari.. maaf la Allah aku ni muslim dan aku tak kan buat lagi .. aku takut nak janji tapi aku akan ushe... maaf ya tuhan

Saturday, April 3

exceprt from nirvanasystem newsletter


Breakout Ahead for the S&P 400?
It's important to remember that markets alternate between cycles of range contraction and range expansion; otherwise known as trading range and trending markets. After range expansion, the market will usually trade quietly within a trading range, as it digests the prior move ahead of the next directional trend. Likewise, after a period of trading range activity, markets will usually seek a breakout opportunity that leads to new trending behavior.

We are currently seeing this behavior in the S&P MidCap 400 Index, also known as the $MID. The S&P 400 has trended steadily higher since bottoming out at 682 in February, reaching highs of 800 in the past week. This type of bullish advance usually paves the way for trading range behavior, as the market builds toward its next breakout opportunity. As a matter of fact, the $MID has been developing a clear trading range over the last three weeks, which spans from 780 to 800.

Typically speaking, ranges that form at highs after a bullish advance lead to breakouts in the direction of the current trend. Therefore, I will be watching 800 very closely for signs of a bullish breakout opportunity. A breakout from this range could lead to a move worth 35 to 50 points, which is quite a move for this index. Keep in mind, however, that a breakout in either direction can be highly lucrative, so keep an eye on 780 for signs of a confirmed decline as well.

Interestingly, markets usually see breakouts and trending behavior during the first week of a new quarter. Today, April 1st, marks the first day of the new quarter, which means this range could be gearing up for breakout/trending behavior in the coming week




Is $100 Oil in the Near Future?
After a volatile consolidation phase for the month of March, Crude Oil has begun the new quarter by pushing through the $84 resistance level. Although this is only one daily bar, the move above this level could be significant. In the chart to the right, I have marked the last time Crude passed through the $84 mark. You can see that the behavior leading up to the move was very similar to what we have just experienced – an initial test of the level and pullback, then the strong move to push through it. If history repeats itself, which is a major tenet in technical analysis, we could see a continuation move to the $100 in the next month or so. The big helping hand in the move that occurred in late 2007 was a weak dollar. While the dollar has shown some strength in the first quarter, weakness in the upcoming month could be just the assist that Crude needs to once again hit that major mark.

Gold: Gold has bounced off of its upward trendline and shown strength since doing so. Watch for a retest of the $1150 level.

Silver: It was a strong week for Silver as price has pushed well away from the $17 mark to the upside. The $18.20 level provided support and resistance over the last six months and it provides a good target if Silver continues to post gains.

Copper: Copper shot out of its consolidation and broke the 3.50 mark in this weeks trading. This provides plenty of clear air for more upward movement as the next major level of resistance is the $4.00 mark.
Heating Oil: Heating Oil is now testing the $2.22 resistance level after a solid upward move this week. It is still heavily correlated to Crude Oil, so keep an eye on Crude’s behavior in next weeks trading for an indication as to whether this resistance will hold.
Natural Gas: Although Natural Gas slipped below the $4 mark, it got a boost off of the inventory report on Thursday to poke back above this major level. The downward trend has been long and steady, but if $4 holds as support we could finally see some gains emerge for this very oversold commodity.