NLP ARTICLE MENU
Free NLP Courses Free NLP Courses
A flowering of the heart A flowering of the heart
Learn to build your life around flow Build Life Around Flow
Challenge Your Assumptions Challenge Your Assumptions
Change Personal History Change Personal History
NLP chocolate man technique Chocolate Man Technique
Cognitive distortions Cognitive distortions
Cognitive fallacies Cognitive Fallacies
Coronavirus, patterns & NLP Coronavirus, patterns & NLP
COVID Awareness COVID Awareness
COVID Future Selfing COVID Future Selfing
COVID-2020 Future Selfing COVID-2020 Future Selfing
Create an action plan to deal with COVID-19 Create an action plan to deal with COVID-19
Introduction to critical thinking skills Critical Thinking Skills Intro
Critical thinking skills and diet Critical Thinking & Diet
Critical thinking skills for Traders Critical Thinking For Traders
Critical thinking skills and how to answer questions Critical Thinking & Questions
critical thinking skills and fact checking Critical Thinking - Fact Checking
Curing the Heart of Violence Curing the Heart of Violence
Develop Your Psychic Skills Develop Your Psychic Skills
Do your thoughts serve you? Do your thought serve you?
Do you have a disaster prep strategy? Do you have a disaster prep strategy?
How much money do you waste? How much money do you waste?
How to manage fear and anxiety Fear and Anxiety
How much time do you waste? How much time do you waste?
How to banish bad habits How to banish bad habits
How to build confidence in public speaking How to build confidence in public speaking
How to deal with Bulimia How to deal with Bulimia
How to deal with depression How to deal with depression
How to explore your past lives How to explore your past lives
How to find your values How to find your values
How to get into flow How to get into flow
How to get off sugar How to get off sugar
How to get out of your own way How to get out of your own way
How to increase motivation and drive How to increase motivation
How to increase your IQ How to increase your IQ?
How to love making the sale How to love making the sale
How to make better decisions How to make better decisions
How to overcome chocolate addiction How to overcome chocolate addiction
How to quit smoking cigarettes How to quit smoking cigarettes
How to quit smoking marijuana How to quit smoking marijuana
How to set a goal and commit How to set a goal and commit
How to stop procrastinating How to stop procrastinating
How to spell like a pro How to spell like a pro
How to talk to closed minded people How to talk to closed minded people
How to plan your perfect day How to Plan Your Perfect Day
How to put insomnia to sleep How to put insomnia to sleep
How to quit gambling and get ahead in life How to quit gambling and get ahead in life
How to rewrite the past Part 1 How to rewrite the past Part 1
How to rewrite the past Part 2 How to rewrite the past Part 2
How to stop drinking alcohol using NLP and Hypnotherapy How to stop drinking alcohol using NLP and Hypnotherapy
how to turn down the heat on your anger How to turn down the heat on your anger
how to take a jump into the unknown How to take a jump into the unknown
How to use BUT to transform your life How to use 'but' to transform your life
How to use the power of acknowledgement to heal addictive behaviour How to use acknowledgement to heal addictive behaviour
Ideomotor Signals - Finger Signals Ideomotor Signals - Why Use Them
How to use Ideomotor Signals Ideomotor Signals - How to Use
Listening Skills Listening Skills
Magic Self Massage/Meditation Procedure Magic Self Massage/Meditation
Meditation for NLP Coaches Meditation for NLP Coaches
Musicians Flash Mob Musicians Flash Mob
Natural Therapies Locus of Control Natural Therapies First
NLP Fast Phobia Cure NLP Fast Phobia Cure
NLP Meta Model Example in Politics NLP Meta Model Example in Politics
Introduction to NLP Peace Mapping NLP Peace Mapping Intro
NLP Peace Mapping Game NLP Peace Mapping Game
Personality type for Forex traders? Personality type for Forex traders?
Process versus content Process versus content
Productivity Coaching Productivity Coaching
Rapport skills Rapport skills
Responsibility gives you power Responsibility gives you power
Rhetoric and debating skills Rhetoric and debating skills
Seven Secrets of Success Seven Secrets of Success
Secrets of Success on Youtube Part 1 Secrets of Success on Youtube Part 1
Secrets of Success on Youtube Part 2 Secrets of Success on Youtube Part 2
NLP solution for underachievers Solution for Underachievers
Stop Coughing With Hypnosis Stop Coughing With Hypnosis
How to step up in the world Stepping Up In The World
Systemic Racism & NLP Meta Model Systemic Racism & NLP Meta Model
Submodalities to Heal Addictions Submodalities to Heal Addictions
The Fresh Air Deal The Fresh Air Deal
The Ikaria Effect The Ikaria Effect
The millennial tragedy The millennial tragedy
The parable of the lost treasure The parable of the lost treasure
What are you Learning? What are you Learning?
What is NLP? What is NLP
What is the origin of thought? What is the origin of thought?
Why learn the NLP Meta Model Why learn the NLP Meta Model
Why your attitude to practice could be wrong Why your attitude to practice could be wrong
what is NLP and hypnotherapy Read feedback on NLP hypnotherapy Gold Coast Qld

 

Abby Eagle challenge everything for the truth

 

Learn to control fear and greed and the 'monkey mind' in the trading room using NLP, Hypnotherapy and Meditation - Gold Coast Australia ... Use the contact form in the right side bar to book a free 20 minute Skype or Zoom session.

 

Critical Thinking Skills For Traders | How To Improve The Mental Aspect of Your Trading Strategy Using NLP

By Abby Eagle (2023)

how to apply critical thinking skills in the trading room

Click the Image to Watch on YouTube

In this article I am going to show you how to apply your critical thinking skills to the process of trading.

I find it helpful to look at trading in terms of strategies. We have five representational systems – VAKOG but the three which are most relevant are visual, auditory and kinesthetic. And then we have an inner world and an outer world. So we can take in information through our eyes, ears and body – and then we can process that information in the cinema of our mind in pictures, words, conversations and feelings. So we have VAK external and VAK internal. And then we also think using questions, statements and commands.

The tea analogy

So let’s start with the strategy for making a cup of tea. It starts presumably with a sensation of thirst. A thought arises, “I feel like a drink” – and then maybe there is a series of images in mind of what you could drink. You then make a selection from those images which the unconscious mind presented to you – and you choose one, for example a cup of black tea – and say, “I’m going to make a cup of tea”.  So in trading that would be analogous to doing your research, checking the charts and making a decision to enter a trade.

So the next strategy is to make the cup of tea. If you chunk up then it may just involve going to the café and buying the tea. If you decide to make your own cup of tea you need a kettle, water, a cup, and a teabag. But if you break it down into details it could actually involve growing the tea or harvesting the tea leaves or buying the tea. And then you need a source of clean water – something to carry or transport the water – and a container in which to boil the water – you need something to heat the water – an electric or gas stove – a wood fire perhaps – and then you need to know when the water has boiled. Then you need to safely pour the boiling water onto the tea in the cup. So now you have made the cup of tea. That strategy is completed

But then there is also a strategy for drinking the tea. Do you immediately drink the hot tea or do you let it cool for a while. How do you test the temperature of the tea? Do you touch the cup with your hands? Do you taste the tea with your lips? Do you drink your tea hot, warm or cold? When do you drink the tea? Do you have a tea drinking ritual? Do you drink it all in one go or do you sip it over a couple of hours? And then at what point do you exit from this strategy knowing that you have finished the cup of tea?

So as you can see there is an enormous amount of  detail in making a cup of tea that you probably take for granted.

Trading

Trading is just as detailed. You have to learn the basics of trading – the history of trading – and you need to decide on the type of trading that would suit your personality type – your biorhythm and your lifestyle.

Once you have an idea on the type of trading then you invest in the software and watch training videos, etc – there is an enormous amount of detail. Then you do practice trades and when you feel comfortable then you start making low risk trades.

So then you need to analyse the trading cycle – preserving the learnings, coming to new understandings – and then you take those learnings and you apply those learnings the next time that you trade.

So you keep going backwards and forwards through your trading procedure looking for what you do well and also looking for where you could improve.

Okay so how do you become a more profitable trader?

Let’s start with the trading environment. In order to get into flow for trading you need to build an environment in which you flourish – that is a trading workspace that is totally separate from all distractions in which you can get immersed in the trading experience.

If you have been socialising with friends or dealing with family dramas for a couple of hours before trading then you may not be in the best frame of mind. So you need to find a way to get that stuff out of your head and out of the trading room – so that when you are in the trading room your only thoughts are about trading.

Now let’s look at some typical problem areas

- Do emotions get in the way? For example, fear and /or greed?
- When in the trade do you get overcome by an emotion and forget your checklist?
- Do you sometimes feel anxious and then panic and go against what you previously decided?
- When in the trade rather than trusting your analysis do you focus on the money element?
- As soon as the trade goes into profit do you exit rather than following your plan?
- When the bar drops rather than trusting the analysis do you exit out of fear?
- Do you revenge trade as a way to get yourself back into a good feeling?
- Is there a voice in your head which talks you into making a bad decision – for example, what-if the market does this or what-if it does that?
- Do you get into two minds and argue with yourself?
- Do you review your trade – analyse what you did wrong yet find that you make the same mistake the next time that you trade?

If you would like learn how to master your mind and follow your trading principles then let’s set up a meeting on Skype or Zoom and have a no obligation chat – and if you have not done so then please comment below, and join us over at the Facebook NLP & Hypnotherapy Group.

 

Share With Friends

 

 

 

 

 

 

 

DISCUSSION GROUPS
Abby Eagle Discussion Groups
NLP Future Selfing NLP Future Selfing
NLP and Hypnotherapy NLP, Hypnotherapy & Meditation
Peace Mapping online course NLP Peace Mapping

 

 

Send a message and we'll get back to you asap.

 

Required *

 

 

NLP Future Selfing

 

stop smoking marijuana script
 
The secret of high achievers
nlp and high achievers
How to build a powerful team
how to build a powerful team
Learn the NLP Meta Model
learn the NLP meta model
How I stopped drinking alcohol.
stop drinking alcohol nlp hypnotherapy
How to coach yourself using NLP.
how to coach yourself with NLP