Mytradersstateofmind – Building the Intentional Mind for Trading
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Mytradersstateofmind – Building the Intentional Mind for Trading
What Is a Trader?
A trader is an individual who engages in the buying and selling of financial assets in any financial market, either for himself . Or on behalf of another person or institution.
The main difference between a trader and an investor is the duration for which the person holds the asset.
Investors tend to have a longer-term time horizon. While traders tend to hold assets for shorter periods of time to capitalize on short-term trends.
Much like a peak performance athelete prepares his/her mind for a performance. A trader needs to be intentional about the mind he/she brings to trading. Without preparing the mind for the work of trading, the trader starts his/her day at a disadvantage. Even subtel levels of fear, excitement, or euphoria can easily sabotage the mind that can effectively manage uncertainty, probability, and the unknown.
This guided meditation takes the skills learned from the emotional regulation and mindfulness guided meditations . Uses those skills to build a process for bringing an intentional mind into the management of trading. This is a skill necessary for peak performance management of mind for trading.
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