Atricle Dump - Trading Psychology & Self-Concept

One of the most important discoveries of the twentieth century psychology was the discovery of the “self-concept”. The self-concept is the master program of one’s life. It is the bundle of beliefs that you hold about yourself and the world at large. If determines your reality in that you always see the world through a screen of prejudices formed by your belief structure. It is the belief structure that predicts your performance and behavior in every area of your life.

You always act in a manner consistent with your self-concept, consistent with the bundle of beliefs that you have acquired from infancy onward. If you change one of your beliefs at a subconscious level you change your reality.

It is common in trading that two traders given a winning system to trade will often not get the same results. One trader may hesitate and/or hang on to a trade too long or exit before the system will give a exit signal. The other trader may execute the system perfectly and even if he has a few losing trades is able to take it in stride because he can “see” himself trading successfully and “believe” in himself that he will be successful.

Ed Seykota, one of the world’s greatest traders, observed a trader that would self-destruct after building his trading capital up to $250,000. What do think his self-concept was revealing about himself? Maybe he had a fear of success? Maybe that he couldn’t get his family’s attention and love without a tragedy? Maybe he couldn’t see himself with that much money and making dumb trades and losing it was his way of not dealing with it? This is common with winners of the lotteries. Winners often blow their money within a few years because they can’t see themselves as rich on a deep fundamental level.

You always act in a manner consistent with your self-concept, consistent with the bundle of beliefs that you have acquired from infancy onward. If you change one of your beliefs at a subconscious level you change your reality.

It is common in trading that two traders given a winning system to trade will often not get the same results. One trader may hesitate and/or hang on to a trade too long or exit before the system will give a exit signal. The other trader may execute the system perfectly and even if he has a few losing trades is able to take it in stride because he can “see” himself trading successfully and “believe” in himself that he will be successful.

Ed Seykota, one of the world’s greatest traders, observed a trader that would self-destruct after building his trading capital up to $250,000. What do think his self-concept was revealing about himself? Maybe he had a fear of success? Maybe that he couldn’t get his family’s attention and love without a tragedy? Maybe he couldn’t see himself with that much money and making dumb trades and losing it was his way of not dealing with it? This is common with winners of the lotteries. Winners often blow their money within a few years because they can’t see themselves as rich on a deep fundamental level. Intranet Portal - Business Case ROI
The days of easy money are overIn these post-dot-com days of the 21st Century, the hype attached to IT is well and truly over. The modern Board is deeply suspicious of large IT projects with questionable benefits and a long-term payback period.The good news is that a world-class portal implementation has the power to completely transform your organisation and touch everyone, from of beliefs that you have acquired from infancy onward. If you change one of your beliefs at a subconscious level you change your reality.

It is common in trading that two traders given a winning system to trade will often not get the same results. One trader may hesitate and/or hang on to a trade too long or exit before the system will give a exit signal. The other trader may execute the system perfectly and even if he has a few losing trades is able to take it in stride because he can “see” himself trading successfully and “believe” in himself that he will be successful.

Ed Seykota, one of the world’s greatest traders, observed a trader that would self-destruct after building his trading capital up to $250,000. What do think his self-concept was revealing about himself? Maybe he had a fear of success? Maybe that he couldn’t get his family’s attention and love without a tragedy? Maybe he couldn’t see himself with that much money and making dumb trades and losing it was his way of not dealing with it? This is common with winners of the lotteries. Winners often blow their money within a few years because they can’t see themselves as rich on a deep fundamental level. Thinking of Buying Hits To Your Website? Think Again!
Online marketing is an area where you can find a LOT of hype. Make a quick search at Google for ‘buy hits’, ‘ad blaster’ or ‘email blaster’ and you’ll have an idea how wide those big void promises of getting ‘automatic’ traffic to your website. But it’s not a real traffic...By real traffic I refer to traffic that has a great potential to convert to either sales, joining the business oppoystem perfectly and even if he has a few losing trades is able to take it in stride because he can “see” himself trading successfully and “believe” in himself that he will be successful.

Ed Seykota, one of the world’s greatest traders, observed a trader that would self-destruct after building his trading capital up to $250,000. What do think his self-concept was revealing about himself? Maybe he had a fear of success? Maybe that he couldn’t get his family’s attention and love without a tragedy? Maybe he couldn’t see himself with that much money and making dumb trades and losing it was his way of not dealing with it? This is common with winners of the lotteries. Winners often blow their money within a few years because they can’t see themselves as rich on a deep fundamental level. Evaluate Your Customer
When a customer walks into your office, don’t sell them the first product that comes to mind. Sit them down and evaluate their needs, than sell them the products that meet their needs.I once worked with a guy in the banking industry, who was one of the best at explaining the benefits and features of our products, the only problem was, he was spending so much of his time explaining, but never se he had a fear of success? Maybe that he couldn’t get his family’s attention and love without a tragedy? Maybe he couldn’t see himself with that much money and making dumb trades and losing it was his way of not dealing with it? This is common with winners of the lotteries. Winners often blow their money within a few years because they can’t see themselves as rich on a deep fundamental level.

Fortunately, a person can change their self-concept to be self-empowering instead of self-limiting.

There is a direct relationship between how well you do anything and your self-concept in that area of your life. You perform as well as you believe yourself to be in whatever you do. You can never be better or different on the outside than you believe yourself to be on the inside.

Whenever you feel good about yourself and are doing well at your job, or in your relationships, or at a sport, you are demonstrating a positive self-concept in that area.

Whenever you do poorly or feel inferior or clumsy, or behave badly in some situation, your negative beliefs about yourself are being demonstrated in your behavior.

What makes change positive change possible is largely subjective, not objective. Whatever negative beliefs you hold in your self-concept are largely false but if accepted subconsciously can be very self-limiting nonetheless.

As soon as you begin to identify, question, and reject self-limiting beliefs and replace them with new self-liberating beliefs, your old beliefs lose their power over you and you true potential become limitless.

Copyright 2006 Billy Williams

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