Trading and Self-Esteem - Candlestick Patterns Explained by TechniTrader®

An Inner Calm and Focused Space

Investing and trading is 50% learning and maintaining good skills as well as technique. The other half is controlling emotions, or what I call “being centered”. To me, being centered is to have an inner emotional space that remains calm and constant. This is a place where you are always calm, positive, and able to focus. It is important to work on developing this because it will serve in good stead in other aspects of your life as well.

It is having a well-defined personal center that provides an “eye in the storm”, so to speak. The Stock Market is full of distractions and is a complex and multi-layered environment. If you can develop a well-defined personal center, then no matter what happens or how unusual an event seems, you can return to that calm space and think positively, rationally, and with logic rather than emotion.

It requires effort to incorporate this into everyday life, and it starts at the beginning of each waking day when you rise and say to yourself, “It’s great to be alive.” Live each day positively and as if it was the only one. Compliment individuals you meet in the morning because saying something kind to others creates a positive mood for everyone. End each day with positive thoughts. Compliment your spouse, appreciate your children and grandchildren, and enjoy the fact that you are alive and well and are capable of tackling the challenges that lay before you tomorrow. Most people do not appreciate what they have until they lose it.

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Trade Wisely,

Martha Stokes CMT

Chartered Market Technician
Instructor & Developer of TechniTrader Stock & Option Courses