Mindset

If you are not wealthy already, there are probably very good reasons for it. And those reasons are most likely in you—not in the world around you. Trading will only bring you the success you want if you identify those reasons and address them.

This section of the book describes a process of self-discovery and personal empowerment in the context of trading. If you commit to this process, it will bring you a deeper understanding of your internal dynamics and how your mental programming affects your success and fulfillment. It is a journey that is likely to produce numerous personal and financial rewards—if you choose to wholeheartedly embark upon it and do the work required.

Re-programming the mind takes time, however, and the frustrations and resistance that you may experience along the way may deter you if you are not fully committed to the process—and to yourself. It takes courage and determination to confront your own negative programming and to re-assess the validity of the expectations, projections and beliefs that have shaped your life.

Bear in mind that your ego will try to keep you stuck in the old way of thinking (as will some of your friends, family or colleagues). It has a huge investment in maintaining the status quo as it is designed to keep you safe from perceived threats. And anything that creates fear is perceived by the ego as a threat, even if that fear is irrational or counter-productive. Fear is the biggest block to success and that is what you will be working with here: your subconscious fear of success, fear of failure, fear of not being good enough, etc, which ultimately creates a life of diminishing returns.

Olga Sheean

 

What I've discovered in my years of working with the mind (conscious and subconscious) is that it's far more important to know where you're coming from than where you're going. Once you know where you're coming from (in terms of your mindset, beliefs, fears, etc) you have far more control over where you're going. In fact, where you're going is automatically taken care of when you do the internal work.

On the other hand, if you only know where you'd like to go but are
unaware of where you're coming from, creating what you want is likely to be a big struggle.

Doing the mindset part of the work is crucial - not just to successful trading but to living the life you want.

 

Disclaimer

Trading foreign exchange carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Any opinions, news, research, analyses, prices or other information contained on www.leftbraintrading.com and/or in any correspondance or publication are provided as general market commentary, and do not constitute investment advice. Inside Out Media will not accept liability for any loss or damage, including and without limitation to, any loss of profit that may arise directly or indirectly from use of, or reliance on, such information.
The content on www.leftbraintrading.com is subject to change at any time without notice, and is provided for the sole purpose of assisting traders in making independent investment decisions. Reasonable measures have been taken to ensure the accuracy of the information on the website and other published information; however, there is no guarantee of accuracy, and liability will not be accepted for any loss or damage that may arise directly or indirectly from the content or your inability to access the website, for any delay in, or failure of, the transmission or the receipt of any instruction or notifications sent either through www.leftbraintrading.com or via e-mail.
No information provided by Inside Out Media or through www.leftbraintrading.com is intended for distribution to, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in www.leftbraintrading.com is available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to www.leftbraintrading.com to ascertain the terms of, and to comply with, any local law or regulation to which they are subject.