Avoiding Repetitive Trading Mistakes

By David Hobart
2 February 2009

Have you ever noticed that you make the same mistakes over and over in trading? I’m sure you’ve heard that it’s okay to make mistakes, but it’s crazy to repeat them. By that definition; all traders are crazy.

What is it about trading that causes us to experience the same mistakes and the same frustrations over and over again? By understanding the causes of your repetitive misbehaviour, you’ll be able to see a looming mistake before you make it; saving you cash and unnecessary grief.

Suppressed emotions lead to repetitive patterns

Most of us think that we have free will. Well, we do and we don’t. We mostly think that we are free in our choices and decisions, but our brains are often wired to deliver certain repetitive experiences.

When our conscious and subconscious minds communicate effectively, our life seems to flow effortlessly. When there are blocks in this communication, dramas turn up as a means to clear the blockage.

There are constant feedback mechanisms between our conscious and subconscious minds that aim to keep us safe and always learning. But often we block this feedback because it is delivered as a strong emotion. When we block or suppress this emotion, the subconscious works to have us get the message another way; this is where we develop repetitive patterns.

The Trading Tribe Process (TTP)

Ed Sykota of Market Wizards fame has developed a process for clearing the blockages between the conscious and subconscious minds. Called the Trading Tribe Process, it works to allow your conscious mind to receive the messages of your subconscious. These messages are delivered as emotion. We often try to suppress the emotions sent to us from our subconscious, because we deem them as too uncomfortable or at least make them mean something that we find intolerable.

The reality is however, that the way we learn is to experience fully the emotions sent to us from our subconscious. They are warnings and protective signals. It is not the emotions we need be afraid of; it is the suppression of them that gets us into trouble.

When the subconscious cannot get its message across because we have chosen to suppress it, it throws up situations or dramas which will cause us to experience the suppressed emotion. The more we try to suppress, the greater the drama needed to express the emotion.

Trading the markets gives the subconscious mind plentiful opportunities to cause dramas.

By regularly clearing any suppressed emotion, you are opening up the communication channels between your conscious and subconscious minds. This allows you to feel the flow of life and a sense of oneness with the markets and the world.

David regularly holds TTP sessions at his offices in Brisbane. If you would like to find out more about them, send him an email at dhobart@traderemotions.com.au .

If you would like to find out more about David Hobart’s trading coaching and mentoring programs, please email David at dhobart@traderemotions.com.au  . 

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Disclaimer: The contents of www.traderemotions.com.au is general information only and in no way provides advice in a personal or general nature. David Hobart and his related entities can not be held responsible for any loss, cost or expense resulting from your activities related to the subject matter in this document and or relating to www.traderemotions.com.au

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