Get Started With Trading Meditation – Live Trading News

Posted: December 11, 2019 at 4:41 am


without comments

$SPY

You may have heard that trading meditation can help you trade better, but it is not for everyone, though I have yet to hear a case where it has not helped after giving it an honest effort

Here, I will introduce you meditation for traders and hopefully remove some of the roadblocks that have prevented you from giving it a try in the past.

You will learn why it works, how it can benefit and how to meditate properly.

It is something that I believe should be part of what some call holistic trading, where one is not just looking for entries and exits, but consider all aspects of your life and how they can improve your trading.

Trading better usually means that your quality of life will also improve, and the 2 will continually build upon each other.

You may think that doing meditation means that you have to join a religion or live in a commune or something, no.

Although many meditation practices do have religious roots, it is not a requirement that you join any type of group to get the benefits.

It is similar to trading, where you are free to learn from different teachers and take what works and leave what does not.

Another misconception is that it is time consuming, complicated or mystical. It can really be as simple or complex as you make it.

Just like in trading do what works for you.

Meditation works by allowing us to control the state of our minds.

We can measure these states by the frequency of the electromagnetic waves that our brains give off. The measurement process is called electroencephalography or EEG, for short.

There are different tools that you can use at home to measure your brainwaves.

If you are not familiar with the different types of brain waves, below is a short summary.

Mediation is associated with the theta and delta states, but I have included the others so you understand the bigger picture.

The human brain does not only operate in one state at a time, but in fact gives off brain waves of these frequencies all the time.

When I talk about being in these states however, I am referring to the dominant frequency.

Gamma: When your brain is giving off frequencies of greater than 30 Hz, you are in gamma state. This is the state that is most conducive to active learning and information retention.

It is also probably the least studied state. If you need to learn something, consider trying to increase your brain activity before you sit down to study.

This is the state that monks can frequently achieve after years of practice

Beta: This is when we are giving off frequencies between about 12 30 Hz, we are in an alert state and doing normal daily functions like analyzing and planning.

Alpha: This refers to the brain waves that are in the frequency between about 8-12 Hz. This frequency range is associated with conscious reflection and a relaxed state of being. This is often when we are most creative.

Theta: Now we get into where meditation starts. When the brain is giving off waves in the 4-8 Hz range.

It is a state of deep relaxation and awareness. In this state, you have an increased ability to visualize things and solve complex problems creatively.

Delta: When you go down past theta, you are in delta, which is less than 4 Hz. When the brain is in this state, you are often in deep sleep, although some long-time practitioners of meditation can reach this state while awake. This state is associated with healing.

The Big Q: How do you know what state you are in?

The Big A: There are many devices of varying complexity that will measure your brain wave activity or biofeedback devices that will measure your stress level.

Look around and see what suits your needs and budget.

There are many good reasons to practice meditation. In trading terms, it can lead to better concentration, calm under pressure and improved overall performance.

The benefits extend way beyond trading however. You will probably find that you are more relaxed in your everyday life and are able to cope with situations that may have overwhelmed you in the past.

According to a Harvard study, meditation has even been shown toward off disease.

Now that you know how it can benefit you and how it works, take a look at how to meditate properly, as follows:

A Basic Trading Meditation

If you just want something to get started, here is simplest form of meditation that you can do.

Just do it every day for 5 days, see how you feel.

You may have heard of this type of meditation before because it is very popular.

The Key reason thatTranscendental Meditationhas become so popular is because of its simplicity and the fact that it is does not tie itself to any religion or lifestyle.

For people who do not like to sit still, Qi Gong may be a good alternative. It isnt meditation in the more well-known sense, where you sit and close your eyes, but it does provide many of the same benefits.

The idea behind this Taoist practice is that you are cultivating and distributing your bodys energy. You move and breathe in ways that help you become more centered and energized. I do these exercises occasionally and I feel great afterwards.

If you dig deep enough, you will find that almost all of the major world religions practice some form of meditation. Even if you do not believe in the religious part, you can still learn a lot by studying these practices.

Buddhism is the religion most frequently associated with meditation.

Keep in mind that you may have to do some searching to find what works best for you, so do not get discouraged if you do not feel any benefits right away.

Just enjoy the trading meditation process and understand that it is a lifelong endeavor.

Have a terrific week.

benefits, breathe, meditate, meditation, relax, SPY, stress, traders, trading

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of The Red Roadmasters Technical Report on the US Major Market Indices, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

Visit link:

Get Started With Trading Meditation - Live Trading News

Related Posts

Written by admin |

December 11th, 2019 at 4:41 am

Posted in Meditation




matomo tracker