Trading Mindfully Training #2

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Finding My Trading Values Ex. 8.

2
Part 1: Answer these questions: If something magical could suddenly happen and there was absolutely
nothing that could hold you back from behaving like the trader you really want to be, then what would
that look like? Remember, nothing can stop you. How do you really want to be and act as a trader?

I want to be a trader that acts without hesitation and sizes into the best setups. I know the patterns that
offer an edge, and I am disciplined to wait on only those setups and pass on the noise. Risk management
is the foundation to which I have built my trading around and is always the number one priority. I have
enough size on to pay myself as the trade is working by taking some off the table on the initial move and
keeping some on for the larger moves. I possess the confidence and ability to trade in any markets, long
or short, and trust myself that I can always manage my risk. I am generous in giving back to help those
who are less fortunate and with my tithing because the Lord in his grace has been so good to me. My
sons college is paid for and we have achieved complete financial independence.

Part 2: After a decade of living and trading as described in Part 1, write about what sort of trader you
have been? Assume the role of a journalist and describe 3 or 4 of your greatest qualities?

Quality #1: The ability to put size on

Quality #2: Patience to wait for entries which give me a solid R/R

Quality #3: The ability to remain calm in the midst of a loss and afterwards. I don’t try and make up for
losses by reckless trading, but remain focused and patient on the next opportunity to come along.

Quality #4: Fearless

8.4
By stating his goal as less than 100 percent, he is acknowledging and making room for the fact
that he won’t get it right all at once. Making an important change like this is a process. We aren’t
looking for perfection. Reaching a goal of 70 percent will demonstrate solid commitment and a
strong trend in overcoming his erratic trading behavior. In addition, it gives Ammar a little
‘psychological cover ‘to come up short. We already know that he can be hard on himself when
his trades end in loss. There is no reason to promote self‐criticism when falling short of the
behavioral change you are envisioning. Give yourself a little room and, above all, don’t become
harsh and self‐critical when you don’t get it exactly 100 percent right away.
Remember, this is a process. Look for the trend.

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