Trading in the Zone
Problem-solving
Replace irrelevant and negative beliefs with beliefs that will help you succeed
from Trading in the Zone: Master the Market with Confidence, Discipline, and a Winning Attitude by Mark Douglas
How to Apply This
- View the market objectively.
Try not to let your emotions influence your judgment when it comes to the market. - List down the beliefs, values, and assumptions influencing your decisions.
Take some time to reflect on your life and the decisions you make to identify the beliefs, values, and assumptions that are driving your behavior. Write them all down. - Question and challenge those beliefs, values, and assumptions.
Ask yourself questions like: Is this belief true? Is this value still relevant? Is this assumption accurate? Write down your answers to these questions. reflect on them and challenge them. - Replace the beliefs, values, and assumptions that are no longer serving you.
On your list, choose the beliefs, values, and assumptions that are no longer serving you. Then, start to replace them with new ones that will serve you better.
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