A Strong Trading Mind
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Stop Overthinking Everything and Find Peace of Mind
http://lifehacker.com/how-to-stop-overthinking-everything-and-find-peace-of-m-1609850688
We all overthink aspects of our lives. Whether it's decisions, regrets, self-worth, or general worries about the future, we're so often stuck inside our own heads that it feels like there's no way out. Here's how to quit overthinking everything and move on.
Take Action Now
If you're overthinking an idea you can actually do something about, the best thing you can do is take action now. This doesn't mean you have to suddenly run off to make something, it just means you start taking a step forward.
One tip that I've learned that did more than detox my mind from overthinking is to turn my often worrisome thoughts about the future into effort and work. Taking action, doing something, working on your craft does wonders for your soul.
Each time I would start getting worried about the future, I would make a proactive choice to physically get up from the place I was sitting and walk to the computer to start writing or working on my book.
Direct Your Attention Elsewhere
Sometimes, you can't take action, and the only thing you can do to get past overthinking an idea is to distract your mind. Find a hobby, task, or activity that engages your mind. When you're doing this, you allow yourself to put off overthinking and eventually those thoughts start to disappear.
For others, meditation is a great way to calm your overthinking brain, but it can backfire if you're not in a good space. Likewise, most techniques to deal with anxiety, like listening to music or practicing personal rituals help distract you from your thoughts.
Stop Talking About It
When faced with the type of difficult decision that causes most of us to overthink, it's natural to seek out advice from others. This usually means we talk through a problem with so many people that it's impossible not to overthink.
As we've pointed out before, too many cooks in the kitchen leads to poor decision making. As you talk with more people and get more data, you get more confused, which leads to more overthinking.
The human mind hates uncertainty. Uncertainty implies volatility, randomness, and danger. When we notice information is missing, our brain raises a metaphorical red flag and says, "Pay attention. This could be important..." When data is missing, we overestimate its value. Our mind assumes that since we are expending resources locating information, it must be useful.
We all want to get details and information from other people, but at a certain point it stops being helpful. When we limit information, we can look at it more productively
Take the best" means that you reason and calculate only as much as you absolutely have to; then you stop and do something else. So, for example, if there are 10 pieces of information that you might weigh in a thorough decision, but one piece of information is clearly more important than the others, then that one piece of information is often enough to make a choice. You don't need the rest; other details just complicate things and waste time.
Figure Out Why You're Overthinking
Sometimes, we overthink because we can. We'll get caught in a loop where we're recreating an event over and over, or attempting to analyze an idea from every perspective imaginable. After hours of thinking and days of no sleep, we'll often get nowhere. Psychology Today suggests that even though our brains are often hard-wired to overthink, you can move the process along a little. Here's their definition of the problem:
Whether it's worrying about social interactions, our self-worth, our future, our families or something else, overanalyzing in these repetitive ways is exhausting and rarely leads to a productive or helpful outcome. Rather, we waste time overthinking events, ourselves, actions, people's intentions or thoughts, or repeatedly trying to plan for all potential future outcomes, even though most times none of those scenarios ever play out...
One of our biggest challenges - and why we keep reminding people that you are not your brain! - is that we often take those initial brain-based thoughts, urges, emotional sensations, impulses and desires at face value and assume they must be true...
They suggests a four step plan to moving on:
After running through these four steps, you'll often realize just how often your brain has no idea what it's doing. With a little bit of distance, you can figure out why you're overthinking an idea, close the loop, and move on.
We're all going to overthink, overanalyze, and waste a lot of our days inside our own brains sometimes. The trick, really, is about minimizing those thoughts and making them as productive as possible so they don't get in the way.
http://lifehacker.com/how-to-stop-overthinking-everything-and-find-peace-of-m-1609850688
We all overthink aspects of our lives. Whether it's decisions, regrets, self-worth, or general worries about the future, we're so often stuck inside our own heads that it feels like there's no way out. Here's how to quit overthinking everything and move on.
Take Action Now
If you're overthinking an idea you can actually do something about, the best thing you can do is take action now. This doesn't mean you have to suddenly run off to make something, it just means you start taking a step forward.
One tip that I've learned that did more than detox my mind from overthinking is to turn my often worrisome thoughts about the future into effort and work. Taking action, doing something, working on your craft does wonders for your soul.
Each time I would start getting worried about the future, I would make a proactive choice to physically get up from the place I was sitting and walk to the computer to start writing or working on my book.
Direct Your Attention Elsewhere
Sometimes, you can't take action, and the only thing you can do to get past overthinking an idea is to distract your mind. Find a hobby, task, or activity that engages your mind. When you're doing this, you allow yourself to put off overthinking and eventually those thoughts start to disappear.
For others, meditation is a great way to calm your overthinking brain, but it can backfire if you're not in a good space. Likewise, most techniques to deal with anxiety, like listening to music or practicing personal rituals help distract you from your thoughts.
Stop Talking About It
When faced with the type of difficult decision that causes most of us to overthink, it's natural to seek out advice from others. This usually means we talk through a problem with so many people that it's impossible not to overthink.
As we've pointed out before, too many cooks in the kitchen leads to poor decision making. As you talk with more people and get more data, you get more confused, which leads to more overthinking.
The human mind hates uncertainty. Uncertainty implies volatility, randomness, and danger. When we notice information is missing, our brain raises a metaphorical red flag and says, "Pay attention. This could be important..." When data is missing, we overestimate its value. Our mind assumes that since we are expending resources locating information, it must be useful.
We all want to get details and information from other people, but at a certain point it stops being helpful. When we limit information, we can look at it more productively
Take the best" means that you reason and calculate only as much as you absolutely have to; then you stop and do something else. So, for example, if there are 10 pieces of information that you might weigh in a thorough decision, but one piece of information is clearly more important than the others, then that one piece of information is often enough to make a choice. You don't need the rest; other details just complicate things and waste time.
Figure Out Why You're Overthinking
Sometimes, we overthink because we can. We'll get caught in a loop where we're recreating an event over and over, or attempting to analyze an idea from every perspective imaginable. After hours of thinking and days of no sleep, we'll often get nowhere. Psychology Today suggests that even though our brains are often hard-wired to overthink, you can move the process along a little. Here's their definition of the problem:
Whether it's worrying about social interactions, our self-worth, our future, our families or something else, overanalyzing in these repetitive ways is exhausting and rarely leads to a productive or helpful outcome. Rather, we waste time overthinking events, ourselves, actions, people's intentions or thoughts, or repeatedly trying to plan for all potential future outcomes, even though most times none of those scenarios ever play out...
One of our biggest challenges - and why we keep reminding people that you are not your brain! - is that we often take those initial brain-based thoughts, urges, emotional sensations, impulses and desires at face value and assume they must be true...
They suggests a four step plan to moving on:
- Relabel the ideas you're overthinking ("self-doubt," "anxiety," etc)
- Reframe your experience and identify your thinking errors
- Refocus your attention on the part that matters
- Revalue your brains messages with the new information
After running through these four steps, you'll often realize just how often your brain has no idea what it's doing. With a little bit of distance, you can figure out why you're overthinking an idea, close the loop, and move on.
We're all going to overthink, overanalyze, and waste a lot of our days inside our own brains sometimes. The trick, really, is about minimizing those thoughts and making them as productive as possible so they don't get in the way.
Keep Calm and Carry on
https://in.lifestyle.yahoo.com/7-quick-ways-keep-calm-071058869.html
We all go through stressful phases in our daily life. For some, it is a rare occurrence but for many these days, stress is a part and parcel of one’s routine. Keeping up with deadlines and other chores can take a toll on you not just physically but also mentally. If you are too pressed for time to indulge in a relaxing bath or to go for a spa treatment, here are a few options which are on-the-go just like you and will help calm your nerves in an instant.
Watch something funny
Laughter is a way to beat stress. It helps release the happy hormones, endorphins, and also supplies our body with more oxygen. This helps calm us down. Many people practise laughter yoga wherein one has to forcefully laugh without any reason, but if that seems unmanageable to you, watch a short, funny clip to lower your stress levels. You can even store your all-time favourite clips on your phone so that you can simply press ‘play’ and start relaxing.
Chew gum
If you find yourself in a stressful situation, keep gum handy. Chewing gum can help lower your stress and anxiety levels. According to a research conducted in 2008, ‘Levels of salivary cortisol (a physiological stress marker) in gum chewers were lower than those of non-gum chewers by 16 per cent during mild stress and nearly 12 per cent in moderate stress.’
Swear
When things get out of hands, swearing can help release stress and anger. However, you need to be careful about this tip as abusing someone can worsen the situation, but venting in a confined space when you are alone can be therapeutic. (Read: Is swearing actually good for you health?)
Take deep breaths
This is perhaps the best way to beat stress and perhaps the most difficult to follow too. Breathing deeply can relax your mind and the extra boost of oxygen can lower your stress levels. Just focus on your breathing and take four to five deep breaths and you will feel a lot calmer.
Have green tea
Many people stress-eat, i.e. eat junk or comfort food when they are under pressure. Switch to a healthier option like having a cup of green tea to keep your calm. It is rich in antioxidants and it contains an amino acid called L-Theanine, which is known to have anti-stress effects and acts as a relaxing agent.
Listen to music
Who doesn’t love music? Music can truly be therapeutic as it can quickly put you in a good mood. Create a playlist of happy or peppy songs that instantly lift your spirits and listen to them in moments of stress. Within a minute you will start to feel better. Want more? Start humming along and do a jig too if you want and you will forget about your stress soon enough.
Meet a friend
In a bad mood? A friend can come to your rescue. When you feel stressed, it is often a good idea to talk it out with someone to help calm your nerves. Share your worries and concerns, not necessarily to get any advice, but just to get it out of your system and you are sure to feel better
https://in.lifestyle.yahoo.com/7-quick-ways-keep-calm-071058869.html
We all go through stressful phases in our daily life. For some, it is a rare occurrence but for many these days, stress is a part and parcel of one’s routine. Keeping up with deadlines and other chores can take a toll on you not just physically but also mentally. If you are too pressed for time to indulge in a relaxing bath or to go for a spa treatment, here are a few options which are on-the-go just like you and will help calm your nerves in an instant.
Watch something funny
Laughter is a way to beat stress. It helps release the happy hormones, endorphins, and also supplies our body with more oxygen. This helps calm us down. Many people practise laughter yoga wherein one has to forcefully laugh without any reason, but if that seems unmanageable to you, watch a short, funny clip to lower your stress levels. You can even store your all-time favourite clips on your phone so that you can simply press ‘play’ and start relaxing.
Chew gum
If you find yourself in a stressful situation, keep gum handy. Chewing gum can help lower your stress and anxiety levels. According to a research conducted in 2008, ‘Levels of salivary cortisol (a physiological stress marker) in gum chewers were lower than those of non-gum chewers by 16 per cent during mild stress and nearly 12 per cent in moderate stress.’
Swear
When things get out of hands, swearing can help release stress and anger. However, you need to be careful about this tip as abusing someone can worsen the situation, but venting in a confined space when you are alone can be therapeutic. (Read: Is swearing actually good for you health?)
Take deep breaths
This is perhaps the best way to beat stress and perhaps the most difficult to follow too. Breathing deeply can relax your mind and the extra boost of oxygen can lower your stress levels. Just focus on your breathing and take four to five deep breaths and you will feel a lot calmer.
Have green tea
Many people stress-eat, i.e. eat junk or comfort food when they are under pressure. Switch to a healthier option like having a cup of green tea to keep your calm. It is rich in antioxidants and it contains an amino acid called L-Theanine, which is known to have anti-stress effects and acts as a relaxing agent.
Listen to music
Who doesn’t love music? Music can truly be therapeutic as it can quickly put you in a good mood. Create a playlist of happy or peppy songs that instantly lift your spirits and listen to them in moments of stress. Within a minute you will start to feel better. Want more? Start humming along and do a jig too if you want and you will forget about your stress soon enough.
Meet a friend
In a bad mood? A friend can come to your rescue. When you feel stressed, it is often a good idea to talk it out with someone to help calm your nerves. Share your worries and concerns, not necessarily to get any advice, but just to get it out of your system and you are sure to feel better
Stop Obsessing About that Perfect Trade
http://www.babypips.com/blogs/pipsychology/forex-progress-20140816.html
When you’re risking your own money, do you feel the need to find that secret information that nobody yet knows or find the perfect forex trade setup?
Some traders are so obsessed with trying to find the “perfect trade” that they end up not trading enough to get experience and develop the trader mindset, which in turn decreases the odds of long term profitability.
Trading is not the line of work you want to be in if you’re a perfectionist. You can plan a trade systematically only to end up losing money because an unforeseen event invalidates the trade setup that you thought was sooo perfect, slapping you in the face and asking if you’d like more in the process…that’s the markets!
While you don’t want to become a careless and impulsive currency trader, you don’t want to be an extreme perfectionist either. Remember there’s no such thing as a “perfect setup” or a guaranteed profit.forex perfection versus progress
Instead of being perfect, try being average. For all the “A” students out there, I know this almost sounds blasphemous since I’m basically suggesting you strive for a “C” grade, but hear me out.
Rather than looking for the “perfect” setup, just find a setup with a good probability of success. Yes, you might make less profit per trade (or even lose that trade), but you’ll actually take the risk and give yourself a chance to develop your skills, learn, and make a profit. You may find that you prefer a “less-than-perfect” trade since you’re more relaxed, which tends to be more supportive of high performance than being stressed (which a perfectionist mindset tends to bring).
Trading is all about probabilities. You must make many trades to get the law of averages to work in your favor. As long as the setups are legitimate and you’re using sound money management and risk control to max out profits and cut losses, you’ll make enough trades to come out ahead. You’ll be able to get the losing trades “off your back” and focus on winning trades.
If you’re an uptight perfectionist, you’ll always be on edge and will hardly be able to execute any trades. This will be your downfall because you won’t be able to pull the trigger on forex trades that were “less than perfect” but had a good chance of profitability.
Dare to be average and see what happens. A student who makes straight “A’s” may be smarter but the “C” student sitting behind him may be richer.
http://www.babypips.com/blogs/pipsychology/forex-progress-20140816.html
When you’re risking your own money, do you feel the need to find that secret information that nobody yet knows or find the perfect forex trade setup?
Some traders are so obsessed with trying to find the “perfect trade” that they end up not trading enough to get experience and develop the trader mindset, which in turn decreases the odds of long term profitability.
Trading is not the line of work you want to be in if you’re a perfectionist. You can plan a trade systematically only to end up losing money because an unforeseen event invalidates the trade setup that you thought was sooo perfect, slapping you in the face and asking if you’d like more in the process…that’s the markets!
While you don’t want to become a careless and impulsive currency trader, you don’t want to be an extreme perfectionist either. Remember there’s no such thing as a “perfect setup” or a guaranteed profit.forex perfection versus progress
Instead of being perfect, try being average. For all the “A” students out there, I know this almost sounds blasphemous since I’m basically suggesting you strive for a “C” grade, but hear me out.
Rather than looking for the “perfect” setup, just find a setup with a good probability of success. Yes, you might make less profit per trade (or even lose that trade), but you’ll actually take the risk and give yourself a chance to develop your skills, learn, and make a profit. You may find that you prefer a “less-than-perfect” trade since you’re more relaxed, which tends to be more supportive of high performance than being stressed (which a perfectionist mindset tends to bring).
Trading is all about probabilities. You must make many trades to get the law of averages to work in your favor. As long as the setups are legitimate and you’re using sound money management and risk control to max out profits and cut losses, you’ll make enough trades to come out ahead. You’ll be able to get the losing trades “off your back” and focus on winning trades.
If you’re an uptight perfectionist, you’ll always be on edge and will hardly be able to execute any trades. This will be your downfall because you won’t be able to pull the trigger on forex trades that were “less than perfect” but had a good chance of profitability.
Dare to be average and see what happens. A student who makes straight “A’s” may be smarter but the “C” student sitting behind him may be richer.
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