Skip to main content

Wisdom For Today

Worry causes your precious mental energy and potential to leak, just like air leaking out of an inner tube. Soon, you have no energy left. All of your creativity, optimism and motivation has been drained, leaving you exhausted.

 Once you find your purpose, however, life becomes much easier and far more rewarding. When you figure out what your main aim or destiny really is, you will never have to work another day in your life.

Most people live within the confines of their comfort zone. The best thing you can do for yourself is regularly move beyond it. This is the way to lasting personal mastery and to realize the true potential of your human endowments.

Stop being so practical. Start doing the things you have always wanted to do.  Discover your real reason for being here and then have the courage to act on it.

Daily incremental improvements produce lasting results which, in turn, lead to positive change. Even ten minutes of focused reflection a day will have a profound impact on the quality of your life.

Saying that you don't have time to improve your thoughts and your life is like saying you don't have time to stop for gas because you are too busy driving. Eventually it will catch up with you.

One must not allow the clock and the calendar to blind him to the fact that each moment of life is a miracle and a mystery.

 Never forget that there is power in silence and stillness. Stillness is the stepping stone to connecting with the universal source of intelligence that throbs through every living thing.

 The key for us is to open our minds to our potential for living a life rich with possibilities.

 The mind can only hold one thought at any one time. Using this little-known information, anyone can easily create a positive, creative mindset within a short period. The process is straightforward: when an undesirable thought occupies the focal point of your mind, immediately replace it with a uplifting one. It's as if your mind is a giant slide projector, with every thought in your mind being a slide. Whenever a negative slide comes up on the screen, take swift action to replace it with a positive one.

Philosophy of Opposition Thinking.

Here's a real-life example. Let's say you have had a tough day in court. The judge disagreed with your interpretation of the law, the litigator on the other side belonged in a cage, and your client was more than a little annoyed with your performance. You come home and fall into your favorite chair, full of gloom.

Step one is to become aware that you are thinking these uninspiring thoughts. Self-knowledge is the stepping stone to self-mastery. Step two is to appreciate once and for all that just as easily as you allowed those gloomy thoughts to enter, you can replace them with cheerful ones. So think of the opposite of gloom. Concentrate on being cheerful and energetic. Feel that you are happy. Perhaps you might even start to smile. Move your body as you do when you are joyful and full of enthusiasm. Sit up straight, breathe deeply and train the power of your mind on positive thoughts. You will notice a remarkable difference in the way you feel within minutes. Even more importantly, if you keep up your practice of Opposition Thinking, applying it to every negative thought that habitually visits your mind, within weeks you will see that they no longer hold any power.

Most people don't give any thought to the nature of their thoughts and yet, the quality of your thinking determines the quality of your life. Thoughts are just as much a part of the material world as the lake you swim in or the street you walk on. Weak minds lead to weak actions. A strong, disciplined mind, which anyone can cultivate through daily practice, can achieve miracles. If you want to live life to the fullest, care for your thoughts as you would your most prized possessions.


Comments

Popular posts from this blog

Maximizing Your Profits with Scoring

SETTING YOUR MAXIMUM INTRADAY TRADING LOSS First things first: set a max intraday trading loss. There will be days when you just do not have it. Why do you think coaches pull their players when they are not playing well? They are more harmful on the field than off. When you are underperforming, you are hurting your team and your trading business. You need a system to yank yourself over to the bench. A stop loss is your answer. TRADING BASED UPON THE TIME OF DAY A good trader makes note of what time of day it is, when he trades most profitably, and adjusts his trading to fit such times. Your numbers at the end of the month will not reflect your true trading potential. Make the most trades with the most size during the trading periods that statistically are most profitable for you. Money saved during your weaker trading periods is money earned. Consistency The fact is that most trades you make will start working for you right away. But the new traders also hold stocks that are trading ag...

CAN A FIRM ALWAYS SPOT THE NEXT GREAT TRADER?

 No. But a prop firm can tell who has a poor chance to become a CPT. To be good at anything will take everything you have. Not having developed the skills to work hard is a turn-off. Trading is a skill learned by doing, not just by reading a lot, theorizing, or the faux art of “paper trading.” THE PROS AND CONS OF RECRUITING EXPERIENCED TRADERS Loyalty is a good thing to a point, but it cannot trump logistics and reality. losing money should really bother you. If I am negative three days in a row, I spend a long evening on my couch with a bottle of red wine and comfort food. As traders, we can all recite the memorable line from Wall Street: “A man looks in the abyss, there is nothing staring back at him. At that moment he discovers his character. That keeps the man out of the abyss.”  Traders don’t talk about how they want to trade, what they want to read about trading, or how they wish they could talk about trading. Traders trade, read about trading, and talk about trading.

Disciplined Trader Chapter 2

The following typical trading errors have a specific cause rooted in a thinking methodology that can be changed. 1. Refusing to define a loss. 2. Not liquidating a losing trade, even after you have acknowledged the trade's potential is greatly diminished. 3. Getting locked into a specific opinion or belief about market direction. From a psychological perspective this is equivalent to trying to control the market with your expectation of what it will do: "I'm right, the market is wrong." 4. Focusing on price and the monetary value of a trade, instead of the potential for the market to move based on its behavior and structure. 5. Revenge-trading as if you were trying get back at the market for what it took away from you. 6. Not reversing your position even when you clearly sense a change in market direction. 7. Not following the rules of the trading system. 8. Planning for a move or feeling one building, but then finding yourself immobilized to hit the bid or of...