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
Meditation is not a bad idea, but you really do not want to be meditating alone, thinking that is all it takes to be a successful trader. Sure, for most part of it, you really want to try as much as possible to build a confidence within you, but the most important thing when it comes to having to gain that confidence first is to realize that in most cases, you actually need knowledge and then with that knowledge, get to build a plan for yourself, and it is this plan that will always guide you in every of your trade. I understand trading has some level of psychology, but there is a lot knowledge will solve as well as practicing than meditation. Sorry I do not meditate before trading, I have my plans, I execute them and I am doing pretty well.