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Trader Mindset

Michael Martin is a trader and instructor. His show deals with the emotional and psychological aspects of trading and managing risk. His book "The Inner Voice of Trading" and features interviews with Michael Marcus, Bill Dunn, and Ed Seykota - who also wrote the Foreword. Get the audio book free at MartinKronicle.com.
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Now displaying: Page 1
Dec 5, 2017

Use your breath to control your breathing. In the process, you will quiet your mind over time and not need to fill your day with kinetic energy. 

For me, that includes making too frequent transactions. If you're in good trades, keep them, take them home with you overnight and over the weekend. 

First Technique:

Inhale on a 4-count and exhale on a 4-count. You can increase your breath to a 6 or 7-count if you can slow things down enough.

A variation of this is inhale on a 4-count and exhale on a 6-count. Yogis and buddhists find that if you can slow your breath down, you quiet your mind in the process. 

Second Technique:

Inhale on a 7-count, hold your breath for a 7-count, and exhale for a 7-count. It might take you a few times to "catch your breath" so to speak.

Try this for 2-3 minutes if you can and do this 3 times per day. You might try this for 2 weeks before you feel anything material - it's different for everyone - but you should feel more relaxed, calm, and more energized. 

Smartphone Meditation Apps

1. Insight Timer

2. Aura

3. Omvana

4. Stop, Breathe, Think

5. Calm

 

 

 

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