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Clearing Your Way To Trading Success

Jun 24, 2008
What's standing between you and consistent profitability in your stock, futures or forex trading? Even having found a trading method that others use profitably, many traders still struggle to turn a profit, using exactly the same method.

Like many others before me, when I started trading I made the huge and very expensive mistake of underestimating the role of emotions in trading. I spent more than a year and many thousands of dollars perfecting, testing, and practicing a profitable trading method. Only problem was, when I traded it with real money, I found that rather than executing the method with calm and poise, I turned into an over-trading, reactive, emotional trading disaster! No kidding.

In the years that have followed, I've searched for and found solutions to these emotional trading issues. I've discovered, adapted, practiced and continue to practice techniques that have not only transformed my trading, but my whole outlook on life. I urge you to try it for yourself.

You don't need to have a degree in psychology, you don't need to retire to a cave for deep introspection, you just need some simple to learn techniques to clear out old emotional baggage that is affecting you now.

Let me illustrate this with an example. Suppose 5 years ago you invested thousands of dollars in a business and you lost it all when the business folded. It was painful to lose all that money, you felt it in your gut, as a constriction in your chest, a sense of panic, anger, and fear. Unless you have a method for emotional clearing that emotional pain will have stayed with you.

You may not have had such a major loss personally, it could be a string of small losses when you were first trading, it could be that a friend or family member lost money that affected you, it could be a painful emotional memory that has nothing to do with money. The chances are that you don't even consciously remember it.

Now you're trading. As you again risk your money, as your emotions heighten with the excitement - that part of you with the emotional memory of losing money - the fear, panic, and dread - is reactivated. Its as fresh and painful as if it happened yesterday. Suddenly your not the clear headed, rational person you were when you were practicing.

The emotional memory of fear clouds your judgment - perhaps you're afraid to pull the trigger, perhaps you over-trade or judge bad entries. Perhaps you cut winning trades short out of fear of losing your profits. However this clouded judgment manifests, the root of your problems isn't in the here and now. Its an old emotional memory from five years ago. It has nothing to do with your method, its like an emotional veil that clouds your reason.

The two powerful methods that I recommend work in conjunction with each other. One is a method that you can use at anytime of the day, while you are trading or doing something else. The other is deeper and more powerful for releasing old emotional memories, but you have to stop and give your attention to the clearing process. It could be used between trades or for clearing issues that have come up while trading, at a later time.

Method One is taught by Joe Vitale in his book Zero Limits: The Secret Hawaiian System for Wealth, Health, Peace, and More. Its a traditional technique from Hawaii - called Ho'oponopono. Don't be freaked out by the name - it works!

The second technique with its roots in Neuro Linguistic Programming is taught by Connirae Andreas in her book Core Transformation: Reaching the Wellspring Within. Its totally mindblowingly fantastic - not just for trading but for feeling great all the time!

The teachers themselves do a much better job of explaining these techniques than I can ever do - but I do make you a promise. If you try these techniques properly and give them a chance to work for you, you'll be grateful for the rest of your life.

Once you learn these methods you also learn to begin to identify the particular emotional patterns that are causing your issues. You'll be able to see them and clear them. You trading will improve exponentially as you trade 'clear' of distortions and able to execute your profitable method without hesitation.
About the Author
Mo Christiensen is one of the editors of the successful trading advice blog tradingadviceblog.com, also home to The Struggling Trader's Guide. The site specializes in high quality trading advice for new and struggling traders. See the original article in context at http://tradingadviceblog.com/intro/clearing-the-way-for-trading-success
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