Lesson 5: Transform Emotion by Trance-Formation
Draw two thermometers side by side on a sheet of paper. One thermometer records your emotional temperature with respect to frustration; the other... with respect to confidence... Once you identify an elevated frustration temperature ... take a few minutes away from the screen and enter into a trance-formation.
The Daily Trading Coach, Dr. Steenbarger
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Today's Goal:
I am careful and focused. This allows me to eliminate trading mistakes and needless losses. In the long run, this will improve my profitability.
Draw two thermometers side by side on a sheet of paper. One thermometer records your emotional temperature with respect to frustration; the other... with respect to confidence... Once you identify an elevated frustration temperature ... take a few minutes away from the screen and enter into a trance-formation.
The Daily Trading Coach, Dr. Steenbarger
***
Today's Goal:
I am careful and focused. This allows me to eliminate trading mistakes and needless losses. In the long run, this will improve my profitability.
Build good relationships with others.