Friday, October 14, 2011

quoting Adrienne Toghraie

In the last few months I have been getting calls from traders who are frustrated, angry, sad and sometimes lost. They talk about bosses, wives, children, and the government that is the source of their upset. While people in your life can create an atmosphere of turmoil, you are ultimately in charge of your own power. When you lose your power, trading losses will follow.

Not good for me

Ken called to tell me that a month ago he had broken up with his girlfriend of 2 years. He told me many reasons why this was not a good relationship and that he knew it had to end. That conversation followed with him telling me that she was getting married. He was obviously upset, but insisted that he did not love her and that if he married her, it would have been the worst decision of his life. I told him that he had let this woman take away all of his power and she did not even know it. I asked him how long he was going to let this go on.

Ken had the sense to stop trading while he was going through his upset. While his focal point was on his ex-girlfriend, she was the catalyst of other issues that were bothering him in his life. His trading was not giving him the results that he wanted. He was unhappy about what was happening in the world. And most of all he was lonely.

Power is energy

What we focus on feeds us with positive or negative energy and that generates power within. When this energy is positive, it allows us to:

· Think rationally

· Give our best performance in trading and in other areas of our life

· See opportunity

· Give good advice to others and ourselves

· Have more energy time

· Create better relationships

· Feel more optimistic

· Have a sense of purpose

· Look forward to the day’s activities

The broken toilet

Kelly was extremely angry with the fact that her landlord did not send anyone to fix her broken toilet after she had left several messages. She then decided to take matters into her own hands and hire a plumber taking the cost out of her rent. Her landlord called and yelled at her for over 10 minutes. As a result, she could not trade for the next few days. This is when she called me.

Kelly told me the story repeatedly until I repeated it back to her and asked if I had missed any of the points. She said that I had not but wanted me to agree with her that she did the right thing. I asked her how long she was going to give up her power by thinking about what had happened over and over in her mind? I asked her who else had yelled at her in her life and told her that she was bad when she had made a decision that most people would think was right. After much discussion, she said her father and her ex-husband.

Who is taking away your power?

If you are presently dealing with an upset, ask yourself these questions:

· What or who is bothering you?

· Is there anything else going on in your life now that is also bothering you?

· Are these feelings you are having similar to other feelings that you have had in your life?

· Does your issue deserve the attention that you are giving it?

What to do?

Here are a few steps that you can take to overcome giving up your power:

· Write down your problem until there is nothing more to say about it.

· Write down what actions you can take immediately and in the future to overcome this and/or to not let this happen again

· Make a plan that is filled with positive activity

· If you cannot handle this on your own, get help

Conclusion

Only we can take away our own power. It is important to recognize when we are allowing our power to be sapped away and take care of it before it escalates and takes over our lives. Remember, not to trade when you do not have power over yourself.

tradingontarget.com

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