For Your Business in the market at issue is maintained and is sustainable, it must stay motivated.
Motivation: We define here as the emotional tendencies that guide or facilitate the achievement of our objectives.
Achievement motivation: work to improve or meet a certain criterion of professionalism and continuous improvement of our operations.
Commitment: they say that nothing happens until you are committed; this commitment is not with clients or with the Broker but an order of commitment and enforcement of intellectual honesty that is planned to do. Their goal is not only making money because the money in this profession you get to do things in a correct and disciplined.
Initiative: readiness to act when the market opportunity.
Optimism: persistence in achieving goals despite obstacles and setbacks.
Some tips to keep you motivated:
A-Think in terms of where you want to get as Trader or Portfolio Manager, write your goals and how it will develop, look rungs short of meeting deadlines and an annual target. If you do not set your course and your business sail boat to drift.
B-Think positive and adopt body postures to communicate their environment and also statements of optimism and prosperity. See Activation physics.
C-out every night before going to bed will make the next day. Your unconscious will do all the work for you and get up in the morning full of energy.
Vs physical activation. Stress
The activity of the Trader, it will require not only a mind but also arouses a proper physical condition. Let's review how you would positively influence pay attention to some minor details.
A. Breathing and Oxygen
It is imperative that controls your breathing, breathing slowly and deeply, both as to time of the trading hours of work will bring benefits:
- An improvement in the condition of the nervous system, including the brain, spine, the nerve centers and nerves. Again, this improvement is due to the increased oxygenation - and therefore power - of the nervous system that serves to promote health throughout the body because it communicates with all parts of the same and greater clarity in the logical process of thought
- The mental and physical relaxation. Breathing slow, deep and rhythmic causes a reflex stimulation of the parasympathetic nervous system. This produces a reduction in heart rate and relaxing the muscles. As the state of mind and body are closely interrelated, these two factors is in turn a reflection of relaxation of the mind. Furthermore, increased oxygenation of the brain tends to normalize brain function, reducing excessive anxiety.
B. Physical Activity
- Our brain is activated when we do some physical activity and releases hormones called endorphins known as happiness hormones that give your body a pleasant feeling, our metabolism is activated (a set of physical and chemical reactions that occur within our body). Cardio respiratory enhances our ability, our heart beats decrease, we feel less anxious, feel more optimistic and more tolerant. With more strength to face the challenges that it offers us every trading day. It revitalizes the body, is accomplished in an open mind and positive attitude.
- We suggest you meet before the start of their workday about 30 minutes of some type of physical activity even walks to their workplace.
C. Physiology of Stress
The historical origin of the concept of stress part of the research conducted Hans Selye in 1936 and which led to the so-called general adaptation syndrome.
Faced with a situation of threat to its balance, the body sends a response in an attempt to adapt. Selye defines this phenomenon as a set of physiological reactions triggered by any requirement applied to the body, the impact of any harmful agent called stressor. Can be defined, since the physical body, specific to any claim or aggression, aggressors before they can be both physical and psychological.
D. Stress and behavior patterns
The causes of stress are equal for all individuals engaged in business. However, the method chosen and how to react upon cognition, will be linked to the degree of vulnerability of the trader and his psychological profile.
To use in a given society scientific observations of (Price-1982), led to define as the willingness of subjects regarding the attitudes and how to deal with situations determined by the scale of values. Thus, the behavior pattern of a subject meets personality traits, attitudes, beliefs, behavior and expresses a particular psycho physiological activation.
The subjects they are called a psychological profiles are predominantly a response too. Exhibit hyperactivity, irritability, are ambitious, aggressive, hostile, impulsive, chronically anxious, tense and competitive, either with their environment and with themselves and their relationships are problematic and prone to dominance.
Subjects with Type B behavior pattern are generally calm, confident, relaxed and open to the emotions, including hostility.
The type C behavior pattern is submitted subject introverted, obsessive, to internalize their response to stress, passive, resigned and calm, very cooperative, compliant and conformist, always controlling the expressions of hostility and desirous of social approval.
Fear vs. Greed: The golden mean
Understand these terms as follows paralyzing fear and that fear that makes us constantly to avoid entering the market or leave it prematurely. And that sense of immunity greed and extreme optimism that makes us enter the market either early, on a permanent or never thought of not being satisfied with the profits.
Both extremes are bad advisers. If prey is their psychological state of fear, the outcome of its ability to seize opportunities and if you are in a state of excitement, greed will produce a need for excessive adrenaline that only a calm face great risk to their accounts. What we try to avoid preventing these states out of the passion of his middle, is that you can both lose money.
The A-Fair Medium
To avoid being prey to these passions tilting Fear-Greed and plunged into a and / or another in a continuous or alternatively, it should be done is to prepare a plan in design with Discretionary rules and regulations that set conditions for the entry and out of the market and whose execution is the most automated platform that enables, perhaps through entry orders. (Advance orders given to the platform).
Here also the effectiveness of its strategy what matters is that there will have to face every time you enter or exit the market with daunting decisions, should only do what your told. Avoid emotion and each transaction would be part of a logical process that do not trigger high emotional charge.
