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Old 28-10-2005, 19:03   #1
thefxhammer
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Slap Into A Slim Jim... OverCome Your Fear!

Have you seen those Slim Jim commercials where the guy with wings flying in the air and a slim jim slaps the biker or who ever and yells, Slap OverCome Your Fear, just do it...lol

Most ppl don't understand that (as one small example) to Fear something or someone is to be afraid of the Power that fear is generating within you on an emotional level. So, to push through your fear or overcome it (or to difuse it), is to actually accept the Power (to accept means to know where it is coming from, its Source or you can do the reverse and know your Source of Power). Regardless of how it may or may not make you feel. Once you accept the power (or know the Source of your Power), it becomes powerless to move you negatively to one degree or another.

How to accept the Power of Fear in trading:

In regards to trading you must have a plan of action, a trading plan that has been back tested 3 to 6mos at least. This in and of itself starts the process to overcome the Power of Fear when trading. You can't begin the process if you do not have a trading plan and a trading plan that has been back tested.

Your confidents in your trading system because it is a sound system that has been back tested can not be shaken by the Power of Fear. Sure, you may get nervous from time to time but Fear will not force you to react negatively against yourself.

Now what I'm explaining is nothing different than most of you have already heard, but I have never read a book that breaks it down for a person to completely understand how to overcome certain emotions while trading...

I hope this helps some of you who have been asking this question and may be in the future I will write some more post as it pertains to becoming a better trader, but you must understand that without a back-tested trading system you will never have control over your Emotions while trading.

TheFxHammer
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Old 29-10-2005, 00:44   #2
socrates
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Re: Slap Into A Slim Jim... OverCome Your Fear!

A good book on this subject is "Trading in the zone" by Mark Douglas.

Your post makes perfect sense in that people who fear the trade are unsure of their system. Not only that, but some people just find it very difficult to gamble, place a bet on a horse, or lay money on a risk in general.
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Old 01-11-2005, 10:49   #3
Kmajchro
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Re: Slap Into A Slim Jim... OverCome Your Fear!

FYI - It's "Snap into a Slim Jim" not Slap. Got to pay the respects to Randy Savage.
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