How does the power of affirmations and the law of attraction work when it comes to trading? Well, the first important thing to note is that your brain is a powerful and important piece of equipment for trading.
Unfortunately, the brain can be useful to traders while at the same time being the cause of their downfall. However, traders should set a goal for their minds – not only making it their friend but also their strongest and most secretive weapon.
As a trader, you need to ensure that the power possessed by your brain is part of the strategy you use when trading and should play a part in improving the consistency of your trading results. Some traders have the best trading strategy, but the weakest link is how they use their brains.
Eliminating the Weakest Link
When traders are talking about their trading strategies, they often overlook affirmations. On the other hand, those that talk about affirmations for traders think more about bigger achievements that they want to or have achieved from trading.
However, they should not be overlooking smaller affirmations. This is because they need the smaller affirmations for them to achieve the bigger ones. They are like the stepping stones that help them (the traders) achieve the bigger ones.
For instance, if you are always talking about your short-term goals and doing everything possible for you to achieve them, then you will find it extremely difficult for you to achieve long-term and bigger goals.
What are Affirmations?
Affirmations can be defined as the process of practicing positive thinking and eliminating any negative thoughts. Positive thinking is very essential when it comes to self-empowerment that leads to success driven by actions.
Trading is not easy as it requires a lot of thinking, strategies, hard work, and commitment. When using an online stock trading app, for instance, you need to believe in certain statements or even have them scribbled somewhere in your office or even at home.
Examples of affirmations might include things like how you plan to follow your trading strategy, how to manage risks, how to use your trading app, the levels of discipline you plan to observe, and how to avoid impulse trading. For example, “I will avoid impulse trading”.
What if You Do Not Believe in Affirmations?
Sometimes, you might create some affirmations that you do not believe in. It is normal. However, you should keep pushing yourself to a point where you can believe in them. For instance, we can use our brains to remember negative past events.
So why not use positive affirmations to help us create some belief in all the other affirmations that we have set?
In addition, it is important to note that short-term aspirations can hurt your long-term goals. You, therefore, need to look for strategies to help you eliminate them from your thought process.
This brings us to the law of attraction. This is because affirmations are vital when it comes to the law of attraction which helps in making the right decisions when trading and achieving the desired outcomes.
What is the Law of Attraction?
The law of attraction can be defined as a philosophy that states that your positive thoughts are likely going to bring positive outcomes. On the other hand, you are likely going to get negative results if you focus more on negative thoughts.
Traders can use the law of attraction when trading to achieve positive outcomes. So what do they need to do? Well, the law of attraction assumes that your thoughts have a certain type of energy that brings success in what you do, in this case, trading.
This can also work in other areas including relationships, finances, work, and health, among others. Traders do not understand how impactful the law of attraction is when it comes to their line of work.
In a nutshell, what a trader sends to the universe when thinking about their trading prospects and emotions is the same thing they will attract – indicating success or failure.
Applying the Power of Affirmations and the Law of Attraction When Trading
How do you apply the power affirmations and the law of attraction when trading? Well, since these two involve being positive about everything you do, you should start by describing the desired outcome that you want after trading.
You can even write the outcome down. In addition, you do not have to be very specific. For instance, think about a winning bet as long as it abides by your trading strategy. After that identify the strengths of your trading strategy.
Finally, you can get specific. You need to look at the bigger picture and think about past successes and what you want to achieve. This way, you are going to use the power of affirmations and the law of attraction to succeed in trading.