Do You Meditate?

[bootstrap]

i meditate everyhour of everyday, but its probably not what you are thinking. for me meditation is being in the here and now. and i try to stay that way throughout the day. it is not that i do not plan for the future or contemplate the past, i just want to be in the moment at hand as much as possible. there is no moment more important than the one you are currently in.

[BlowFish]

	Quote:	waveslider
	I agree meditation is critical - so is being self observant. Maybe this is a form of meditation, being outside yourself as an observer. Quote on my board is: We don't see things as they are, we see them as we are - Anais Nin MC- if you are currently, have you tried avoiding caffeine? I don't drink coffee while trading anymore. I will have green tea or yerba mate, but that is much mellower. Tea drinking is sort of a meditation in itself, as it places you in the current moment. James, maybe you could do a poll about coffee drinking.

Larry Pesavento had a paper weight or something on his desk that he used to pick up and examine before making hasty trade decisions. I tried making tea but I must say i found it hard to walk away from the screen at key junctures.

[cowpip]

	Quote:	Tess
	sweet jesus, you gotta be kidding me right? do they do one for the 1st 30 minutes of european play?

They must also have a flavor for trading the news too, right? Lol...


I used to meditate, when I first started trading. But then I discovered that it really wasn't doing me a ding-dang bit of good. Mental state may be important for some people, but sensible aggressiveness is just as valuable.

It's as simple as knowing what's going on in the world, be aware of the important market levels, and hitch the rides that are worth hitching. Nothing complicated. Nothing mysterious or requiring hypnosis (at least, not for me). Just tag'em and bag'em without remorse.

[angelaktariel]

I just had to chime in here. I haven't posted in a while, but I am familiar with this subject somewhat. I have been using Brainsync, which is Kelly Howell's work. She has tons of meditation cd's that you can purchase and download on her site.

http://www.brainsync.com/pilot.asp


I go to sleep every night with my Ipod listening to one of her meditations. I absolutley love it, as it puts me into a very calm place. I also listen sometimes during daytime to some of her other ones, some even during trading, as they are just music with different brain waves. I think it's worth checking it.

Also a few months ago, someone here posted an e-mail that was forwarded to him about how to be a succesful trader(talked about support and resistance being the key). The author of the e-mail wrote about Ryan Watts, as he is successful trader. Since I love to research, I decided to look him up and see if he has a website, and he does. He has a section where he talks about three products he uses himself and it includes NLP and brainwaive technology. I purchased two of the three items (as I could 't figure out how to use the 3rd one, and I am trying to get in touch with him about that), and I can say they have been pretty amazing for me. Here is the link to his site, where he talks about those products. They are not that expensive, and I think they are very valuable.

http://wattstrading.com/Mindgames.html

Hope this helps at least one person.

[dandxg]

Here is thread from ET that has some good info in it. Not sure how to do threadback so pardon the redundancy http://www.elitetrader.com/vb/showth...6&pagenumber=1

[sreeja]

No i am not meditated yet.But now i am thinking of to try it.Is it so difficult?

[tune]

One simple idea is to keep your mouth closed and breathe through your nose, if you don't already do so that is. A very relaxing thing to do while sitting still or going for a walk or whatever. IMO, worth a try if not tried.

http://www.sethigherstandards.com/in...ple-technique/

[minoo]

I try to start off the day with some positive thought

I will see one of daily slide show ( 2 / 3 minutes) & some favorites ones
http://greatday.com/cgi-bin/X02/jsprev.pl?07MRpn8

My meaning of meditation is
'Absence of Thoughts' (plural)

Ta Minoo

James if you like what they have to offer than there is also a link for the web-master, check it out.

[GammaJammer]

I find exercise helps. I get good thinking done when I cycle into work in the mornings. Wouldn't necessarily call it meditation though.

[Kiwi]

I agree with GammaJammer. Exercise is excellent for sorting out your bodies biochemistry and also for working out any emotional reactions to earlier trading sessions. Its also the only thing proven to keep the aged mentally alert (so, yeah, it helps )

I do meditate but funnily enough find that it doesn't help my trading - it hinders it. I think its because I come out so relaxed. To trade well I have to be slightly on edge with my inhibitions finally tuned to balance my greed and fear. That means my patience, discipline and aggression all in line. So I psych up from time to time during the day rather than tuning out.

But that's just one persons style and experience.