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Income rarely exceeds personal development.

To have more than youve got,

become more than you are.


Unless you change how you are, youll always have what youve got.
Jim Rohn

MBChB(UOFS), MMed(O&G)(UOFS), FCOG(SA), Dip Fin Markets(Academy FM)

Mental Trading

Mental Trading 7 Natural laws of Life


1. The Great Law of Life

Energy is...

Everything is energy Energy is potential Vibration & attraction

2.
3. 4. 5. 6. 7.

Law of Polarity
Everything has an equal and exact opposite ( Negative / Positive)

Law of Rhythm
Everything is moving in perfect rhythm and speed ( can you catch a wave)

Law of Relativity
Everything is relative Cause / Effect Do not always compare with others Action leads to Reaction

Law of Cause and Effect


Effect / Cause

Law of Gender
Both male and female necessary for creation Giving / Taking

Law of perpetual transmutation of energy


Everything is forever moving Thoughts are most potent energy

Mental Trading
All about you as the trader Relationship with the Universe Certain principles and laws of life that are eternal How you use your energy How you think Can you think in probabilities? Can you implement all these life principles into your trading ? Can you trade without fear and without trying to be right every time? Can you handle discipline? Can you forget the failures of the past ? and not stress about the future? Can you think and discipline yourself into a successful MASTER trader?

The quality of your life is directly related to the questions you ask yourself Anthony Robbins

Mental Trading
Universe and you are one Rules of Universe apply to you as well There are certain rules of life by which you will succeed Rules of life are also the rules of the market Daily psychology by which you live will become your trading psychology by which you will trade There are clear reasons for trading failures (trading habits) You Must trade with a positive expectancy You must have a purpose (much bigger than the markets and money) Your thoughts are everything You create your success and failure In the Thinking process, things can vibrate to you and away from you

Mental Trading The Psychology to Believe ?


WHO AM I as a TRADER ?
Eternal energy field - not a finite body (9/12) You can never not be Creator of your own world A creator contributor of this Universe Every possibility already exits (and is available to you) Law of Attraction and thought, you create your destiny No limitation in the Universe, limits are in your mind Supreme Mind already holds all possibilities

So what is your purpose?


Your purpose is what you say it is

Your mission is the mission you give yourself


You will be what you create yourself
Neale Donald Walsch
Glen McQuirk MAP-4-Life www.purposeclub.com

The Purpose Club

MAP your life

and

MAP your trading

Competing in the Markets


Compete against the Market
o Thoughts of competition ( with the markets ) come from lack of mentality o That mentality, that beliefs there is lack in the Universe ( limited supply ) o When you compete, you can never win .. even if you think you won

Competing in the Markets


By the Law of Attraction
As you compete, you will attract many people and circumstances to compete against you, in every aspect of life .. and you will loose Everything comes from the Universe and with your frequency and harmonious vibration of energy with the Universe . you can attract anything to you

Who are you .. the Trader?


You are a little god in physical body - huge responsibility Spirit in flesh Eternal Life expressed as YOU A cosmic being Power Wisdom Perfection Intelligence Magnificence Also a creator contributor on this planet

Can you stand up to this Challenge and Responsibility ?

The Secret of The Universe


We are all connected We are all one Unlimited supply of ideas in lifelet go of the thoughts of limitation The Impossible becomes possible If you say you can not, it is a creation in this world Feel good, have a positive expectancy in life & the markets As you commit to your joy, you will attract an avalanche of joyful things ..Why?....because you are radiating joy

The Secret
Your thoughts become things Your whole life is a manifestation of your thoughts (Lisa Nichols) Thoughts create feelings Thoughts and Feelings create your life To love yourself creates a new Dimension of YOU To NOT Love yourself push things away - relationship other and Universe

Creative Process of Life


Ask Command to Universe Let Universe know what you want Clear(crystal) Write it down Commit to it It is already yours Visualize a clear picture You already received Think it into existence

Believe

When / How it will happen you can not control


That is the Universe Creative Process
Receive Feel good and feel wonderful Feel it into existence Start to give thanks Act inspired as if already received Start to feel and live GRATITUDE

Positive expectancy
The Universe offers everything to everyone there is no partiality There is enough for everyone. If you believe it, you can see it, and if you can act from it, it will show up for you. And that is the Truth

To Change anything..go within

Positive expectancy
Must feel good (and laugh) You have to love and honour yourself to feel good

Your job is YOU


All stress & fear begin with one negative thought What you resist you attract, because of the powerful focus on it, with emotion

Tell me, and I will forget. Show me, and I may remember. Involve me, and I will understand. Unknown

Mental Trading
Tonight we will discuss:
The human beings that we are our energy, mind, ego How we link with the Universe, Why we do things? How we function, think, analyze, trade Brain, mind, emotions, senses, actions, fears What drives us, and Emotional state changes

Plan of action, How do we change things Apply all to our trading ..... that isif we want to improve

Mental Trading
Your thoughts are everything No manual for the powerful main frame computer (brain) To change a business Change management and people Change trading - CHANGE TRADER Your trading is a business Profits and Overheads (Business expenses) (Loch Ness Monster) Plan for the business and the people (MAP for yourself) Keep book ( plan, monitor, accountable ) IF YOUR LIFE IS WORTH LIVING, IT IS WORTH RECORDING Anthony Robbins RECORD RECORD RECORD DIARISE DIARISE DIARISE

If your systems are in place If you follow your methodology

...and still you loose money... Then you are out of control Your emotions run your trading

Hendrik Lindeque
Highs and lows 17 Year Journey Started 1990 Science of personal development (SPD) -Napoleon Hill 1990 Think and Grow Rich -Anthony Robbins 1990 Personal Power II -Deepak Chopra -Glen McQuirk -Dr John Stanko -Debbie Ford Invest 1994 Warrants 1998 TASSA 1996 Futures/CFD/ST 2002 Forex 2004

2000 Dr David Paul ShareDirect Seminar on Options and Warrants, Peak Performance Trading, Alsi 40, Forex trading Introduction to Mark Douglas, Eckhart Tolle and Nassim Nicolas Taleb and other.

Tributes and References

TRIBUTE: REFERENCES
1. Dr David Paul (ShareDirect) Warrants and Futures Forex trading Alsi 40 Trading Peak Performance Trading Peak Audio Presentation Simon Pateman Brown - Psychology of trading in advance warrant trading. Dr Van K Tharp International Institute of Trading Mastery

2.
3.

TRIBUTE: REFERENCES
4.

Mark Douglas
Trading in the Zone The Disciplined Trader

5 6

Ronda Byrne The Secret Eckhart Tolle


The power of now Practicing the power of Now Stillness speaks A New Earth Gateways to the Now Living a life of inner peace

TRIBUTE: REFERENCES
7 8. Ari Kiev Trading in the Zone Debbie Ford Dark side of the light chasers Spiritual divorce Best year of your life Napoleon Hill Think and grow rich Unlimited success You can work your own miracles Positive action plan

9.

TRIBUTE: REFERENCES
10. Anthony Robbins Personal Power 2 Get the edge Awakening the giant within Notes from a friend John Kehoe Mind power A Vision of power and glory Money, Success and You Nassim Nicolas Taleb Fooled by randomness The Black Swan

11.

12.

TRIBUTE: REFERENCES
13. Deepak Chopra How to know God The deeper wound Namaste Newsletter Stephen R Covey The 7 habits of highly effective people The 8th Habit Living the 7 Habits Victor Frankl Man search for meaning. Glen McQuirk Map 4 Life

14.

15. 16.

TRIBUTE: REFERENCES
17. 18. 19. Neale Donald Walsh Conversations with God Mark Tier The winning investment habits of Warren Buffet and George Soros. Robert Kiyosaki Rich Dad Poor Dad Rich Dad Smart Kid Rich Dad Guide to investing Rich Dads prophecy Retire Young Retire Rich Donald Trump and Robert Kiyosaki Why we want you to be rich

TRIBUTE: REFERENCES
20. Dr Joe Vitale The Attractor Factor Zero Limits
Nicole Elliot Ichimoku Kinko Hyo Clouds Procter and Frost The Elliot Wave Dr Joseph Murphy The power of your subconscious mind

21. 22. 23.

TRIBUTE: REFERENCES
24. 25. Canfield, Hansen & Hewitt The power of focus Peter Curruthers The business warriors Petes weekly Crash proof your business Coert Coetzee Let there be light of wealth creation Edward de Bono Lateral thinking Six thinking hats Six value medals The thinking course

26. 27.

TRIBUTE: REFERENCES
28. 29. 30. 31. 32. T. Harv Eker Secrets of the millionaire mind. Nick Williams The work we were born to do. Rabbi Benjamin Blech Taking Stock. Timothy Ferriss The 4 hour workweek. Charles P.Garcia - A message from Garcia.

TRIBUTE: REFERENCES
33. Dr Wayne W. Dreyer The power of intention Manifest your destiny 34. Jim Rohn Seven strategies for wealth and happiness. 35. Dr Ron Jensen Make a life not just a living. 36. Byrd Bassett The book of excellence. 37. Dr Spencer Johnson Who moved my cheese?

TRIBUTE: REFERENCES
38. John G. Miller QBQ : Question Behind the Question. 39. John Feltovi 101 Ways to boost your business performance. 40. Peter Cheales I was your customer. 41. Rob Marsh Business success. 42. Glen Suiter The new creativity. Quest for the high road The mind of a fox

TRIBUTE: REFERENCES
43. Dr Kobus Neethling Am I clever or am I stupid. 44. Julie Morgenstern Time management from the inside out. 45. Jack Milne The streetwise investor. 46. Dr Myles Munroe The spirit of leadership. 47. Brian Tracey 21 Secrets of self made millionaires

TRIBUTE: REFERENCES
48. 49. 50. 51. 52. Steven Silhiger The 10 day MBA Kenichi Ohmal The next global stage. Jim Millar Financial fitness: the easy way. Jay Abraham 9 Pillars to business growth. Robert Pardo Design, testing and optimisation of trading systems.

TRIBUTE: REFERENCES
53. 54. 55. 56. 57. 58. 59. Dr Williams G. Hill Think like a tycoon. Dennis Conner The art of winning Caryl Winner Present yourself with impact. Alberti and Emmons Start up, Speak out and Talkback. Ball and Asbury The Winning Way Dave Morgan My feeling for fauna. Alpesh B Patel The Mind of a Trader

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Background

HW LINDEQUE and Psychology

?
Day work .mental cases...

THE BEGINNING

PELVIC ABNORMALITIES

OVARIAN STIMMULATION

Mature ovarian follicle

Oocyte after aspiration, without cumulus cells

Oocyte after aspiration, without cumulus cells

2PN in centre, fertilization

4 cell embryo

8 cell embryo

PGD Pre-implantation genetic diagnosis Blastomere Isolation / Embryo Biopsy Single cell Diagnosis

PGD - FISH
( Fluorescent In Sito Hybridisation ) Single cell technique

16 cell embryo

Blastocyst

Fertility & Life & Investments


1. I presented the making of a future successful trader for the year 2030 2. If only we can invest as effectively as those embryonic stem cells multiply ? 3. Every baby(person) is born with a purpose, this world cannot do without Glen McQuirk Do you know your purpose in life ? If not. What are you going to do about it? What is your Passion? How will you find out? Is it to trade or Invest? 4. How long will you give your average baby/toddler to walk, before you give up?

Energy
In the Universe In the Trader In the Markets

Theology and Quantum Physics


Theology: What created the Universe? GOD / CREATOR / SUPER MIND / INFINITE INTELLIGENCE Never can be created or destroyed. Always was, always has been. All that ever was, always will be, always moving into form, through form and out of form.

Quantum Physics: What creates the world? ENERGY Can never be created or destroyed, it always was, always has been, everything that ever existed always exits, its moving into form, through form and out of form.

Human Being (Investor/Trader)


You are energy and energy cannot be created or destroyed. Energy just changes form. You have always been and always will be You can never not be!! Birth death. Life is eternal

Quantum cosmology One Universal Mind. Universe emerges from thought.

ENERGY and our SENSES


Everything is energy. You are a mass of energy vibrating. Universe our galaxy our planet individuals our body organs cells molecules atoms = All energy All energy vibrates Your cells have a specific energy vibration frequency Everything else in the Universe has a vibration frequency With the Thinking process things can vibrate to you, or away from you ...........yes as you trade as well !!!!!! Quantum physics: www.spaceandmotion.com

Energy
Energy determines emotions Experience = energy flow with emotion = meaning

Meaning beliefs
Belief: Feeling of certainty about the meaning of something Beliefs shape of our future (Inner belief system) Beliefs define parameters(i.e. definitions) Definitions create boundaries Boundaries inhibits the flow of information Restrictive thinking is Negative thinking Extremely effective in the negative way

Mastery of The Self

MENTAL TRADING Psychology of Trading Science of personal development


1. What is mental trading?

2.

How do we think? -Neuro-anatomy -Neuro-physiology


Conscious and subconscious mind Thoughts, Beliefs, Patterns and Habits What makes us TICK. Why do we do things?

3. 4. 5.

MENTAL TRADING Psychology of Trading Science of personal development


6. What influence our psychology has over trading?

7.
8. 9. 10. 11.

How can we break these patterns and beliefs?


How do we install new habits? How to enter the now How to trade in the Zone? How to become a disciplined trader?

MENTAL TRADING Psychology of Trading Science of personal development


12. 13. How do successful people think? The thinking process of Warren Buffet and George Soros

14.
15.

Honouring yourself. To have the best year of your life Debbie Ford
Summary: The Challenge in life and trading

What is Mental Trading?


1. 2. Fundamental Trading Technical Trading

3. 3rd Level of Trading: Mental Trading

Psychology of trading
Mark Douglas: 80% Mental and 20% Methodology

Van K Tharp: 100% Psychology. Everything you use; technical analysis, computer programmes, trading plan, methodology has a psychological undertone and background.

WHAT IS MENTAL TRADING? NEW THINKING METHODOLOGY


Mental Mentalis All the mind of Man Ment = Mind of man Alis = All Brainwave generator - Unleash the power of the mind Mark Douglas in Trading in the Zone Mental analysis NEW Mind-set

To think differently

Psychological gap Gap is between understanding trader psychology and the psychology of the markets. If you can understand this GAP then you can transform that knowledge in to trading profit.

MENTAL TRADING
Desire - Learning - Plan - Inspired action(Personal Power) Discipline + Visualisation = Success Success: 8 Div: Spiritual, family&relationships, intellectual, physical, financial, social, career&business, rest&relaxation

It is impossible to fail as long as you learn something. For every disciplined effort there is a multiple reward. Jim Rohn
There is no such thing as failure, unless accepted as such by the human mind. Napoleon Hill

New Paradigm for success


What is your perception of success ?

Ultimate success Not what you achieve,

but who you become in the process


The work we were born to do (Nick Williams)

Paradigms for success


Old paradigm for success Success is outer New paradigm for success Success is an inner experience We are complete Success as contribution Success is about giving our heart and receiving in abundance Our thoughts are creative. We are creative beings All physical reality has a non-physical essence We are all interconnected, part of the web of life. The basis of everything apparently physical and separate is

We are incomplete and lacking. We want success to complete us. Success as compensation We want success to get something We have to act on the world to make things happen Physical reality is all there is We are separate from the world around us

Paradigms for success


Its basically an unfriendly world The universe is friendly Not everyone can win, we have to fight and Every being can experience success . struggle Our success is achieved at someone elses Success can be graceful and is created expense and involves suffering Were limited Life is random Success is rigid Success is needed to prove worth and esteem Always wanting more, more is better Were unlimited Life has meaning and purpose Success is growth and expansion Worth and esteem are integral to our being Enough, satisfaction, contentment. Sometimes less is more

WHY DO WE DO THINGS?
Everything in life we do for one of two reasons:
Avoid pain OR Gain pleasure EMOTION

Inspiration

Desperation

Why do you trade? Is it to make money?

What drives us ?
Emotions Feelings

STATE CHANGE
Everything human beings do, is merely an attempt to change the way they feel Anthony Robbins

Goldberg Big Five Factor Personality Model (FFM) 1993


Personality traits are the fundamental units that make up your personality

Myers Briggs Personality Test

16 MBTI types

The Goldberg Five Factor Model was developed for personality traits to determine personality tendencies By applying this model, individuals fall into certain personality dimensions

Big 5 Types

Neuroticism

Extraversion

Agreeableness

Conscientiousness

Openness to Experience

Mastery of Self Beliefs in Life and the market


.
Never quit Losing is bad

Life

Market
Quit if things are tough Quit to cut losses

To be decisive Take control and charge To dictate Stamp out uncertainty Want to be right all the time. Snatching profits

Flexible with ever changing information Listen / follow the market Do not control OK with uncertainty OK with risk OK to be wrong

The Thinking Process

How do we think?
THINKING PROCESS
Neuro-anatomy Neuro-physiology

Using visual sense / Stare at charts

Eye Brain relationship

EYE Iris and Retina

Eye Ocular Nerve

EYE and Ocular Nerve

EYE AND BRAIN

Visual Pathways

BRAIN: Cortical Areas

EYE and Visual Sense

The thinking process


External environment (senses)

Internal environment
Mental Thoughts Emotions Experiences Memories Associations Perceptions Beliefs Dreams Fears Intuition

The thinking process


tangible energy > nervous system > intangible electrical energy -> brain Brain: stored as intangible energy, non physical reality Energy Senses:
Real, non physical Does not consist of atoms or molecules Non dimensional Does not take up space Hologram light like see dimensions but can put hand through it Nature of dreams, memories It travels at incredible speed Life can flash in seconds before conscious mind

Senses to brain

The thinking process



Impulse energy transfer by code preset pattern Mind is the pattern making system
Creates Recreates Organise Recognise

Mind of effectiveness
Effective communication and interrelation system Creative - very creative Definiteness of patterns (right/wrong)

The thinking process


Selecting system Primary Secondary Tertiary Select priority of usefulness in life: fear, hunger, thirst, etc Primary vital functions

Information .. is self organisation patterns


Mind passive, it supplies the environment Memory . leaves a mark on nerve cells Arrangement of information .not perfect (time/sequence of arrival)

Thinking:
Conventional Analytical Deliberate Creative Vertical Lateral Horizontal Parallel Positive Negative

Your thoughts can create anything?


Create our own universal destiny Create our wellbeing Create your everything through your thoughts Your mind is shaping the world around you Your whole life is a manifestation of your thoughts up to now And what you think from here on, will shape your life into the future ..it will become your destiny

BEWARE !!!!!!!!!
Thoughts become things.
You have the ability to think things into being.

You create your own universe as you go along (Winston Churchill) What we think about, will come about (Dr John Demartini)

Beware of negative thoughts They are creations !!!!!!


Energy flows where attention goes. Anything we focus on, we create.

The main purpose of thinking


To abolish thinking (2nd nature)
Automatic pattern recognition system (subconscious)
Lateral/creative thinking To break old patterns Design new ideas/ add value Chart Patterns jump at you .. without thinking .. just automatically there

Engage in Probability Thinking


All possibilities possible Either/ or and both PMI (plus minus interrelated)

APC ( alternatives possibilities choices)

The Thinking Process Valuable Information


10,000 miles of mental energy stretched out, hold one year worth of experiences

At speed of light, 19 years of memories can flash by in one second


Mental environment exist outside of time as we know it Our perception of time..is that we always move forward We have to experience each moment in linear sequence

The Thinking Process



Cant go back and experience the past Cant move forward and experience the future
The past doesnt exist anymore and the future doesnt exist yet What do exist are endless sequences of now moments in which we experience our lives (and that we can trade in)

The Thinking Process


Positive or negatively charged experiences (with emotion) can be recalled easily

Emotion Charge Energy


High intensity energy Pain Pleasure Brain energy time difference - between pain and pleasure Pain or negative experiences feels like a lifetime (slow) Pleasure or positive experiences they fly by (in a flash)

Positive vs. Negative energy


Positive energy
Pleasurable memories Expansive Learning Mental growth Explore Discover Confidence Sunny and is

Negative energy
Painful memories Restrictive Inhibiting Perceive it as threatening Fear: brain will do anything to avoid pain/fear Discomfort Dissatisfaction

Yellow Hat Thinking

Limits objectivity, perception, behaviour, interaction, choices and your responses

Conscious and Subconscious Mind

Conscious and Subconscious Mind


Conscious Mind
Rational Mind Objective Mind

First sphere of activity / interpretation

Ego
Your business is with your Conscious

Mind

Conscious and Subconscious Mind


Subconscious Mind (The world within)
Extremely powerful Inner world of thought, feeling, power, love, light, beauty Invisible Infinite wisdom and power Creates your inner world through thought, feelings, emotions, visualisation, imagination, experience and creativity

You can use conscious/rational mind to influence your subconscious mind to change

anything

Subconscious mind

Accepts what the conscious mind believes Regardless


Subjective mind that will become active if conscious or objective mind is in a state of sleep, or drowsiness

(Windhoek lager/Pinotage/Jameson)
Accept all info true / false /positive and negative Bed of soil it absorbs any seed of good or bad

Suggestions to subconscious mind are extremely


powerful Auto-suggestion / Hetero-suggestion

Think good, and good will follow

Subconscious mind
Never sleeps Control vital processes It has the answer to all your problems or challenges

Man is what he thinks all day long

If you have continues thoughts or voices: Discard the thoughts in your head for what they really are:

just noises

Subconscious mind
Mental home of your thoughts and beliefs..thus.

Financial blueprint (financial belief system)


Subconscious mind conviction Money is good or bad Right to be rich Uses the law of attraction

Avoids law of reverse effect


Warning: Do not condemn money it will fly away Use the law of the subconscious day dream effect

Conscious and Subconscious Mind


How to control the conscious mind = TO GET RID OF THE EGO

How to control negative thinking = HOW TO CONTROL FEAR

The EGO

The EGO
Mind: Looks for food / thought / identity and sense of self

EGO: Sense of self / recreates itself . I ,Me and Little Me


Voices in your head Needs constant attention Mind made me Fearing / wanting Seeking / comparing Add to itself

Me against them (competing)


Me against the market

EGO
Recognize the voices in your head for what they are

Recognize that you are not the voices

You are the one noticing the voices. The thinker should be aware of the voices,

and aware that he knows he is the thinker

Spacious Awareness

Gives total Freedom

The Ego and the Spirit


Ego says
Be afraid . Separation from everything Emptiness

Spirit says
There is nothing to fear Connection with all Fullness

Striving and becoming


Needs competition Look out! There is lack and scarcity

Already is now
No need for competition Look in! There is an abundance of all we need

Withholding
Attack and defend Fight and compete Must have by getting

Sharing, extending and giving


No need to attack or defend No need to fight, argue, compare Have in our being, so give

Defend

Surrender

How to get rid of the ego?


Cancel Conscious mind control over the subconscious mind

To transcend into the Now moment

3 Portals or Gateways to the NOW


Inner Body (acute awareness and internal energy) Inner Silence / Stillness (cultivate the silent watcher) Inner focus / Acceptance

How to get rid of the Ego?


1. Become aware of yourself. Aliveness of your body 2. Attention to the moment. An intelligence greater than egotistical mind enters 3. Live in the present moment or in the NOW
There is No argue Clarity and Simplicity Alertness Alignment with life ( move towards the zone) It is just the moment as it is

.. SUCHNESS

of the Moment

NO SELF, NO PROBLEM
Buddhist master

Surrender to the present moment


and the ego cannot survive.

Get it back syndrome


Revenge by the Ego

The Now Moment

In The Now
Life unfolds with ease in the Now

It is deeper than what happens in it


Space in which it happens In the Now

You step out of the content of your mind Your thoughts do not abort your attention anymore There is spaciousness There is stillness You are greater and deeper than your thoughts

The Now moment


You cannot escape from the now

No matter what happens or changes,


it is always now Since you cannot escape the now:
Why not welcome it Live it Embrace it

It is always as it is, .. so just let it be

Fear

FEAR
Fear results from conditions that cause physical and emotional pain Stress Anxiety Confusion Disappointment Conflict between beliefs and reality Perceptual distortion so you build defenses Denial Justifications Rationalization In state of distortion not sharing reality with the markets Illusion hide from the possibility of disappointment

FEAR
Forced awareness Disparity: between mindset and market Leads to breakdown of mental defenses Go in a state of shock

Your fear will become your primary motivation to act - from primary brain, not the tertiary brain and - definitely NOT from the subconscious brain

How fear will create the very experience you are trying to avoid

Perceiving something is a learned distinction Focus on: function of intensity of energy. Fear:
Very high degree of negative energy Profoundly limiting the effect on range of focus Narrows the range to focus on the object of our very fear

FEAR
As Motivator to do something:
Limits your perception Limits your opportunities Narrows down your focus Reduces your attention Redirects your focus on the very FEAR you fear Out of all Information you will only perceive

THUS

info that will validate exactly the object of your fear.

FEAR
The fear will systematically exclude the awareness of alternatives and opportunities Negative relationship between fear and perception Fear will immobilize people they cant act

MOVE TO A NEW MINDSET AND NEW WAY OF THINKING


WE CREATE THE FEAR AND DETERMINE THE BORDERS
IF YOU CREATE IT IN A POSITIVE WAY YOU DO NOT FEAR IT.

How do you control fear?


Take all emotion out of it - write it down - cold and clinical Break it into pieces, make it less threatening Use your power to handle it (power = to take directed action) You grow bigger than your fear
I am

NO PROBLEM CAN WITHSTAND THE POWER OF SUSTAINED THINKING

Control of Fear
Must not loose objectivity Must never avoid fear / dont shy away / turn your back Must not fear FEAR

Recognize and Neutralize fear How do you neutralise fear? Determine, Define, Limit , Control, Embrace it

What is meaning of all this mental junk ???


You determine the stop loss / RISK before you put on the trade, and you do not think about it again ..NEVER . no ... use it as learning experience

THE 4 BIG FEARS Primary fears


1. Fear of being wrong (worse than death - Dr D Paul)

2.
3.

Fear of losing money


Fear of missing out

4.

Fear of leaving money on the table

THE 4 BIG FEARS Primary fears


Hypothesis: Put on a trade, and market moves against you

Focus on market moves against you


Down and back to entry, sigh of relief or sell out Goes down further trader paralysed Mental defences will break down Stress anxiety leads to exit with extreme loss

Focus on loss

Trading with fear


Hypothesis : Market goes with him:
Concentrate on different info Focus on what the market can take away from him Block his potential Exit easily for small profit = Cut profits / run losses Fear lets you act without perception of CHOICE Focus on loosing money

Trust yourself and build up confidence Change restrictive beliefs Create alternatives and choices

How to get rid of fear

Make a positive decision


Repeat action with discipline Simply refuse to acknowledge the existence of the threatening information NAC (Neuro-Associative Conditioning)

How do you break a bad old habit? And install a new empowering habit?
NAC: Neuro Associative Conditioning
1. Leverage: Must change
I must change it I can change it 2. Interrupt old pattern: Radical unusual action or sound 3. Condition in new habit: Do it, do it, do it Discipline

Reinforce and ANCHORING Emotion / pleasure / reward Link to a specific action or sound New behavior and new habit - destiny

Trading with Fear



Traders act as an outer force (the markets) Most traders:


Dont manage their trade Dont want to take responsibility for their outcomes Act on the 4 primary fears Fear will reduce and restrict their choices and objectivity Make their behaviour and actions very predictable Large groups try to do the same (Herd syndrome)

Trading with Fear


Can take advantage of this herd group effect

But beware
Dont be Fooled by randomness / chance / odds Black swan effect (Nassim Nicolas Taleb) The impact of the highly improbable and highly unpredictable Google 9/11

Fear and Hope


Knowledge can eliminate fear
Be independent Have a definite plan Jesse Livermore: Two emotions: Hope and fear

The problem is, you hope when you should fear, and you fear when you should hope.

Risk

Risk in the Market


Risk is everywhere in life Risk also in markets

Risk is intersection between danger and opportunity


Risk involves chance Chance involves odds Odds IS randomness

Think in probabilities to be flexible Fix the risk, to control it and use it positively

How to take a loss


Separate a losing trade from being a loser

Losses: leaves you frustrated, depressed, it interferes with future decision making
Get Market Focused not trader or self focused But can you see losses as part of the greater plan?

If you trade well:


Then there are no losing trades. Only trades that give you money and trades that give you information to make money later.

Losing is winning

Losing = Winning
Taking small predetermined, well educated , well planned

and well calculated losses will:


Make you successful Preserve your capital (to trade another day)

Save your psychological capital

In Technical Analysis:
More than 4 million technical patterns , figures, channels, lines, structures and formations

How to take a Loss


Admit when the market is / turns against you

new and different set of information the other traders changed their minds So it is not a mistake or error, you are not a loser.
You are actually strong with authority you change ..swift, with conviction, strength and clarity You take control over the situation, you do not quit You adjust your position as you would do in any other business in life when circumstances change

Why wait? It is not good business practice to wait !!

A losing trade is like a dead cat.

The longer you keep it the worse


it smells get rid of it

No mistakes in life Just learning experiences

No Mistakes in Trading
Just trading experiences

PAY your DUES

How to Think in Probabilities

How to think in probabilities?


Micro level: - Small sample size - No order - Uncertainty

- Unpredictability
Macro level: - Large enough to sample - Total order

- Certainty
- Predictability Challenge: To think in probabilities. To accept both the Micro and Macro levels at the same time

To think in probabilities
1. Completely accept that you do not know what is going to happen next. 2. 3. 4. 5. 6. More importantly: accept that you do not need to know No ego involved Keep odds in your favour (edge) Execute trading model flawlessly, every time, trade after trade Relax: wait for probabilities or edge to play itself out
Only a few and the best can sit on their hands ( Dr David Paul)

To think in probabilities
Cannot predict all the other traders next moves All trades have uncertain outcome, therefore all trades are independent Therefore: Trade in the Now moment Every moment in the market is new and unique If you think in probabilities, then you have accepted all

probabilities / possibilities /chance / odds

To think in probabilities
The degree by which you think you know, or need to know what is going to happen next, that is equal to the degree to which you will fail as a trader.

Everybody wants to be right on every trade every time.


The more the trader tries, the more he will be certain that certainty does not exist.

How to think in probabilities? NEW Mental Mindset Mark Douglas


1. 2. Anything can happen You dont need to know what is going to happen next in order to

make money
3. Random distribution between gains and losses for any given set of variables that define an edge 4. An edge is nothing more than a higher probability of one thing happening over another 5. Every moment in the market is unique

Have an Open Mind


At peace with not knowing interact with market in the Zone

On the same frequency as market

Energy vibration

Make yourself available In the Zone

In the Now moment

Unique outcome

Do not need to know

Think in probabilities

If you believe in uncertainty


Why would you put on a trade without defining and controlling the risk? (stop loss / stop loss)

Why would you hesitate to cut a loss?

If you move that stop loss, you tell the world that You ( the special one ) know what is going to happen next.

Expectations
The market will express itself in a neutral way How will you interpret the information? What mood are you in? What is your personality group?

It is not the markets duty or obligation to make you feel well about yourself .. no ego boosting

Losses are business costs (overheads, cost to do business) Losses are the money I spent to make myself available to the market for the winning trades

Trading Success

7 Steps to Trading Success


1. 2. 3. 4. 5. 6. Focus on what you need to learn Deal with losses (define the risk) Expert one (or more) market behaviour Execute trading system flawlessly Think in probabilities Be objective and flexible

7.

Monitor yourself (develop discipline) (diary) (write it down)

Decisions

Sum of all experiences and mental interactions


Experiences = habits = identity = destiny What you do not know and do not learn, becomes obsolete Know what you know and do not know Become the infinite learner Develop self discipline..habit . a mental state

It is not you against them. It is not you against the market

It is just you

Decisions
In the end all decisions are really emotional thinking
(Six Thinking Hats. Edward de Bono)

Red Hat Thinking

Thus:
Thinking decisions are emotional decisions

The Zone

The Zone Trade

Moving toward the Zone

Accept market realities


Accept risk of trading Eliminate potential to feel pain If there is no pain
Nothing to avoid Nothing to protect against No block Access to everything you know

The Zone

Psychological state
You create the zone Focus / discipline / fully engaged You take a loss, you clear your head , you continue Dont get back at the market. Revenge = Ego

Let the trade happen, get out of the way

The Zones of Life


1. Totally focused = Time stands still
2. You are prepared to see things with zero resistance 3. Follow strategy flawlessly 4. Trading to plan 5. Experience no pain

Being in the Zone Living in the Zone


Red zone:
Someone in the wrong place at the wrong time, with the wrong people, doing the wrong thing Losers zone Life is negative Mood is low Future looks bleak

Yellow Zone

Yellow zone
Daily grind Only go through the motions Do not take risks Work only for security Boring / not rewarding

The Zones of Life Living in the Zone


Green zone
Winners zone Right person, right place, right time You are living your dream Connecting people / doing what you love

Being in the Zone Living in the Zone Gold zone: Magic Human
Outside physical universe Full of Highest Free and positive life-force Spiritual self Ability to control time, space, form and objects

Financial Blueprint

What is your financial blueprint?


Subconscious Mind
Wealth, health and success is a mindset and belief system Do you think and live in abundance. or Do you think and live in limitation

Nothing in the universe is limited.


It is only limited in your mind

Let no thought of limitation enter your mind Robert Collier Rivers of money (Peter Curruthers) Piccadilly underground train station (Dr David Paul)

Financial Blueprint
Outer laws
Business knowledge

Inner laws
Financial blueprint The way you think Belief system

Money management
Investment strategies

Income grows as you grow. The roots create the fruits. The invisible creates the visible

How do you form a financial blueprint?


P- T- F- A- R

Past programming Subconscious conditioning Thoughts Thinking Feeling Decisions

Actions Actions in trading


Results - Outcome

The Millionaire Mind


T. Harv Eker

The Millionaire Mind


The Millionaires Financial Blueprint

Subconscious financial blueprint


Mental wealth files

Copy how wealthy people think Keep our commitments and become accountable for our actions

The way wealthy people think


Wealth file 1: RICH POOR

I create my life

Life happens to me
Blame / Complaining

There is no such thing as a really rich victim

The way wealthy people think


Wealth file 2: R Play the money game to win P Play the money game not to loose

Believe in and create abundance. Life is what happens to us in abundance.

The way wealthy people think


Wealth file 3: R Commit to be rich Decision P Want to be rich Wishing / Hoping

It is an absolute must, backed by a definite plan, not just a wish or dream. No ifs, butt's or maybes Failure is not an option. Ask believe receive

This is the Warriors way

The way wealthy people think


Wealth file 4: R P

Think Big

Think small

Same energy to think big or small The more people they help, the bigger the joy.

Share: Talents Riches Gifts

The way wealthy people think


Wealth file 5: R P

Focus on opportunities

Focus on obstacles

Rich people take educated risks To succeed financially they always Buy .something Do ...something Start Something What you think about you bring about Energy flows where attention goes Entering the corridor

The way wealthy people think


Wealth file 6: R P

Admire other rich and


Successful people

Resent rich &successful

Associate with positive, determined, reliable, focused,


persistent, hardworking, energetic and competent people Find people they admire and do the same Do good Rich people change the world

The way wealthy people think


Wealth file 7: R Associate with positive P Associate with negative

and successful people

people

Rich people hang around winners Like attracts like The Law of attraction

The way wealthy people think


Wealth file 8: R Promote themselves and their values P Think negatively about selling and promotion

Be confident and proud Your own the abundance of this world

The way wealthy people think


Wealth file 9: R
Bigger than their problems

P
Smaller than their problems

If you have a big problem in life, all that means is that you are being a small person. Grow bigger than your problems.

The way wealthy people think


Wealth file 10: R Are excellent receivers P Poor receivers

You must be good at giving and receiving Never deny someone the joy of giving For every giver there must be a receiver and visa versa. Be the giver, but receive gracefully

Money will only make you more, of what you already are.

The way wealthy people think


Wealth file 11: R
Get paid on results

P
Get paid based on time

Rich people believe in their value and their results Poor people trade their time for money You must leverage yourself.

The way wealthy people think


Wealth file 12:

Think both

Think either / or

How can I have both? This question will change your life.

Rich people believe: You can have your cake and eat it too.
Middle class believe the cake is too rich so they will only have a little piece. Poor people dont believe they deserve cake, so they order a

doughnut. Focus on the whole in the middle and wonder why


they have nothing.

The way wealthy people think


Wealth file 13: R Focus on their net worth P Focus on their working income

Focus on assets and passive income Focus on savings Simplification / minimalist lifestyle Where attention goes, energy flows and results show.

The way wealthy people think


Wealth file 14: R Manage their money well P Mismanage their money well

Until you show that you can handle what youve got, you wont get anymore The habit to manage well, is far more important than the amount Either you control money, or money will control you

The way wealthy people think


Wealth file 15: R
Money works for them

P
Work hard for their money

Financial freedom is the lifestyle you desire

The way wealthy people think


Wealth file 16: R
Act in spite of fear

P
Let fear stop them

Action = Bridge between inner world and outer world


Courage is resistance to fear, not absence of fear. Mark Twain

There is no failure, except in no longer trying

The way wealthy people think


Wealth file 17: R
Constantly learn, improve and grow

P
Think they already know

If you live it, you know it!


Change from know-it-all to learn-it-all You can either be right or rich, but you cant be both Talk is cheap, so just do it

Remember:
There is no such thing as failure, unless accepted as such by the human mind It is impossible to fail, as long as you learn something The only limitations you have, are those that you have set up in your own mind. We have complete and unchallengeable control over our minds Genius: has taken full possession of his own mind and faculties

Napoleon Hill Think and Grow Rich

Lifes Ultimate Success


State of being Contribute beyond yourself Honoring thyself Best year of your Life

Prosperity is a state of BEING not a state of having

When are you happy, fulfilled and inspired?


1. Certainty / Comfort ( decrease stress and avoid pain )
2. Uncertainty / Variety ( surprise , diversity, challenge ) 3. Significance ( uniqueness, meaning, purpose, importance ) 4. Love / Connection ( sharing, intimacy, bonding ) 5. Growth ( learning, expanding, changing, improving ) 6. To contribute beyond yourself ( giving, helping, serving, difference) Anthony Robbins Personal Power II

Find your voice and inspire others to find theirs The 8th Habit. Stephen R Covey

Debbie Ford
Ford Institute for Integrative Studies JF Kennedy University San Diego USA
Best year of your life Audio book

Love your Creator, Love Yourself, Honor yourself, Love others ..

Concepts of Gratitude, Honoring, Love, Visualization, Meditation

Guided visualization meditation


State of the NOW moment and directs you to the ZONE

Life of

Enrichment

Abundance and

your Trading will Soar

The market doesnt create the


ways in which you perceive it, it merely reflects what is going on inside of you in any given moment

All traders give themselves


exactly what they deserve.

Master Investors Warren Buffett George Soros

The Worlds 5 Richest Investors


Forbes 2003 Rank 2
5

Billionaire

$bn

Source of wealth Company / country

Warren Buffet
Prince Alwaleed Bin Talal Alsaud Abigail Johnson George Soros Khaled, Hayat, Hutham, Lubna &Mary Olayan

30.5
17.7

Self made
Inherited

Berkshire Hathaway. USA


Saudi Royal Family. Saudi Arabia Fidelity Investments. USA Quantum Funds. USA Olayan Group. Saudi Arabia

25 38 39

8.2 7.0 6.9

Inherited Self made Inherited

The Master Investors


Warren Buffet: The Sage of Omaha
.

George Soros: The Man Who Broke the Bank of England Born 1930, Budapest, Hungary. Began Quantum Fund in 1969 (originally called the Double Eagle Fund). Fund became the Quantum Endowment Fund in 2000. $1000 invested with Soros in 1969 would now be worth $5,142,300* Annual compound rate of return:28.6% $1000 invested in the S&P index in 1969 would now be worth $25,889* Number of losing years: 4 (1981, 1996, 2000, 2002) compared to 9 down years for the S&P 500 since in 1969.

Born 1930, Omaha, Nebraska Started managing funds in 1956 with the formation of the Buffet Partnership (dissolved in 1969) $1000 invested with Buffet in 1956 would now be worth $25,289,750* Annual compound rate of return:24.7% $1000 invested in the S&P index in 1956 would now be worth $73,860* Number of losing years: 1 (2001) compared to 13 down years for the S&P 500 since 1956.

Winning habits of Warren Buffet and George Soros


Personal habits ---- not trading methodology
1. Preservation of capital always priority no 1 2. Absolutely determine and control their risk 3. Own investment philosophy 4. Personal system 5. Focus avoid diversification 6. Focus on after tax returns (hate taxes) 7. Invest in what they understand

Winning habits of Warren Buffet and George Soros


8. Must meet their criteria 9. Do their own research 10. Infinite patience (they can sit on their hands David Paul) 11. Hold investment until predetermined sell signal 12. Follow system religiously 13. Admit mistakes correct immediately 14. Mistakes become learning experiences

Winning habits of Warren Buffet and George Soros


15. Pay their dues experience
The only place where success comes before work, is in a dictionary

15. Never(seldom) talk about what they are doing 16. Live below their means 17. It is not about the money. Love what you do, not what you own 15. Live, sleep and breathe investing 16. Know how to delegate = Teamwork.

Not Included in Talk


7 Natural Laws of Life The trader Within MAP for Life Purpose and Passion Fulfillment and Joy Peak Performance Trading Psychological and Personality Testing The Discipline Trader Trading Competence Emotional Intelligence The Attractor Factor Zero Limits Practicing the Power of Now Power of the Subconscious Mind The Dark Side of the Light Chasers The Streetwise Investor Manifest You Destiny

The Disciplined Trader

How to become a disciplined and successful trader


1. Know thyself:
Personality group Emotional state Biorhythms

Go within
The Secret The attractor factor In the Zone Discipline / habits

2. Focus on what you need to learn 3. Surrender the ego

How to become a disciplined and successful trader


4. Deal with losses: Predefine and execute 5. Become an expert at one or more market behavior. Focus not diversify 6. Execute trading system flawlessly every time. 7. Think in probabilities. (not if I am right, do I make money) 8. Learn to be objective

9. Monitor yourself

It pays to be a winner! Second place .. is First loser!

Navy Seals

TOP AND BOTTON PICKERS BECOME COTTON PICKERS


Dr David Paul

Nature cannot be tricked or cheated.

She will give up to you the object


of your struggles, only after you

have paid her price.


Napoleon Hill Think and Grow Rich

Sir John Templeton and Gratitude

How do you make it through life .and Trading?


Find Infinite Intelligence !!!
By transcending By growing up By going beyond By total loss of self (Ego)

But who am I then ?

I am / You are A Silent Watcher

A Silent Witness

I RESPECT YOU FOR COMING AND THANK YOU AND FOR YOUR TIME AND ATTENTION Enjoy your trading !!

For those who have learned how to break through the threshold of consistency, the money is not only within their grasp; they can actually take it at WILL

Mark Douglas Trading in the Zone

How do you find infinite intelligence?


By transcending By going beyond By growing up By total loss (Ego)

But who am I then?


I am Silent witness

How do you find infinite intelligence?


By transcending By going beyond By growing up By total loss (Ego)

But who am I then?


I am Silent witness

How do you find infinite intelligence?


By transcending By going beyond By growing up By total loss (Ego)

But who am I then?


I am Silent witness

Psychological test
Emotional experience Bio rhythms Successful people operate at the nexus of their skills, interests and talents They love what they do wholly absorbed flow state gold zone Pleasurable, alerted state of consciousness feel at one with your situation

TOP AND BOTTON PICKERS BECOME COTTON PICKERS


BULLS MAKE A LITTLE
BEARS MAKE A LITTLE PIGS GET SLAUGHTERED

Law: Cause and effect


Money Wealth

Health
Weight

Illness
Happiness

Result: The only way to change your outer world is first to change your inner world

Emotional intelligence Functioning of the brain


New developments in Neurobiological data led to a better understanding of the brain as well as human behavior The more you use your brain, the more transmitters are formed between your neuron-conductors which leads to bigger personal potential. Thoughts are instrumental in forming brain patterns. If you want to adopt new behavioral patterns, you will need to start thinking differently.

Emotional intelligence Functioning of the brain


Your brain is made up out of two halves that functions as a whole. The functions of these two parts are highly integrated as we use all the different parts to remember one situation.

The rational and emotional parts of your brain is thus dependent on one another
Your brain profile influences the way in which you recognize and deal with your emotions. This implicates that people with different profiles will react differently on their emotions

Hooponopo Process Dr Hen Len


1. Physical universe actualization of my thoughts
2. If my thoughts are perfect, create reality, love. 3. I am 100% responsible for creating my physical universe. 4. There is no such thing as out there, everything

exists as thoughts in my mind

Seven levels of fulfillment


1. Flight or fight response. Fill life with family, community and material comforts 2. Reactive response. Fill life with success, power, status and ego 3. Restful awareness response. Peace, self acceptance and inner silence

4. Intuitive response. Insight, empathy, tolerance and forgiveness


5. Creative response. Inspiration, creativity and unlimited discovery

Seven levels of fulfillment


6. Visionary response. Compassion, devotion, service and universal love. 7. Sacred response. Fulfill your life through wholeness and unity with the divine

Managing expectations
We all believe in our own version of the truth Expectations come from what we know. To be wrong causes tremendous mental pain Protection against this pain then we protect ourselves against/from the very information we need to trade

How do we survive?

Rigid set of rules


Flexible expectations

Ho do I get rid of fear?


Hooponopono Hawaiian Dr Hen Len Take all past painful thoughts and memories an pain 100% responsibility and accountability SITH Self - I - Dentity through Hooponopono.

I- Dentity (mind) connects with the Original Source


Infinite Intelligence, The Super Mind , God Ask forgiveness and rectify the past

Replace everything with love and appreciation

Visual Pathways

4 Stages of Trading Competence


1. Unconscious incompetence: you dont know that you dont know, and you dont know what you dont know 2. Conscious incompetence: you know what you dont know but you are not entirely sure what you dont know 3. Conscious competence: you know what you know, and you can trade but you have to think about it 4. Unconscious competence: you know what you know and how to do it, and dont have to think about it. You just do it

The tragedy in life doesnt lie in

not reaching your goal.


The tragedy lies in not having a goal to reach

Benjamin Mays

What is your Passion? Should you trade at all? What is the definition of a successful trader?

1. He should feel good


(Emotion of pleasure)

2. Enjoy playing the game


(Emotion of pleasure)

(Linda Bradford Raschke)

How do you find you passion?


1. Pray, ask for guidance 2. Meditate, become still, you listen 3. What do you love to do? 4. What makes you most happy & fulfilled? 5. What causes you to get lost in time? 6. What do you read?

How do you find you passion?


7 Bookshop; Which book shelve do you walk to first? 8 Which magazines do you buy? 9 Which movies do you watch? 10 What causes you to be emotional? 11 Radio / CD / music do you listen to? 12 As a child, what did you sing / play? What did you enjoy?

How do you find you passion?


Discover your unique and precious talents and gifts

Discover your spirit again. What gives you the attitude and consciousness of love, abundance and creativity? Follow your heart

Money is never the issue. What do you love to do?

How do you find you passion?


What do you believe in? What is your vision, and gives you lifes energy? What allows you to be ? What allows your spirit to return to integrity and wholeness?

What lets you contribute and do meaningful work?


What allows you to transform yourself? What gives you the inspiration to create? What gives you a feeling of abundance and inner riches?

Mastery of Self
What makes a trader successful?
The way he thinks:
Thought Ideas

Energy use
Mindset: focus, discipline and confidence

Attitude Control of risk

Accountability: These errors are mine


Ability to find and trade in the Zone and to get into the market Flow

Principles to peak performance


1. Fun with passion 2. Confidence 3. Attitude to adverse situations

Good trades dont always work


Should you look at the trade logically or psychologically? 4. Master the game Absolute belief that you can do it

Mastery of Self The trader within


No one is born as a successful trader Understand yourself. Strengths and weaknesses Success from developing the trader within
Beliefs Personality Attitude Mindset Health Character

Find and develop a trading system that fits your personality and trading style Very few have the discipline to work the trading system until it is profitable Can a first time golfer compete against Tiger Woods and expect to win?

Mastery of Self Beliefs in the Market


Monitor the Self Become aware of psychological issues
Fear, get out too early, doubling down, wishing and hoping, compulsive action, anger, excessive joy, limiting profits, over thinking, second guessing, dreaming, trading with money you cannot lose. No discipline, desperation.

The traders mindset should be:


Calmness, focused, present reality, trade with the trend, never chase the market, not caring about the money, improves skills, keep opinion, open mind, no need to conquer the market, do it because you love it.

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