Preparing the mind for the trading day & maintaining an emotionally regulated process based Mindset.
Without the proper mindset preparation, a trader will fail to execute his trading plan & process with confidence & clarity.
Our mind can easily deceive us, which changes our perception about the markets, and we end up forcing our internal emotional needs, rather than being able to sit patiently and wait for our high probability plan to materialize.
Every experience in life is state dependant, how we feel about the situation ….. our experience.
If we are not aware of our thoughts, feelings and sensations during the trading day, we become slaves to our thoughts, and start reacting emotionally rather than responding to the information the market is giving us.
So being able to reset our mindset every morning to sustain a clear, calm, abundant, focused probability based mindset to accept uncertainty, is one of the most important steps to maintain confidence and rewire our brain for consistent trading Performance.
Breathing exercises, mental rehearsals and visualization techniques are some of the tools used during the preparation to cultivate a peak performance mindset on daily bases.