Post
Topic
Board Trading Discussion
Re: Meditation is essential for becoming successful trader
by
aencarnaci
on 31/10/2018, 16:05:26 UTC
When I started trading , in my mind always I was getting negative thoughts (or thoughts which made me to reverse my decision) , I saw a article about trading psychology where he had mentioned that before stating trading do meditation for few months as it really changes the way of your trading ,  after that I started meditation now after 3-4 months , I am able to control negative thoughts and my concentration as improved a lot     
Honestly I never thought about this but you could be onto something. Considering one of the biggest troubles while trading is the stress and the panic that is caused by drop in price or not going up enough and what not than the meditation could be really helpful to anyone who would love to calm down and definitely will help you to become a better trader.

Right now, many people trade with their emotions and allow their feelings to control their trading and that usually costs people money and results with losses. You do not want to trade with your emotions and you would prefer to move money with indicators and patterns which is done by having no emotions while trading.

Meditation could help there and whenever you feel like you are going to do something impulsive than you can go do meditation and get your mind out of the trading world.