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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts
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To: Joe Copia who wrote (24472)4/19/2002 9:28:24 AM
From: Joe Copia  Read Replies (2) of 25711
 
Developing a Sense of Mastery

Fortunately, it's not that difficult to increase your sense of mastery. Here are four tips to guide you, both in and out of the markets, toward developing a more "masterful" approach to trading:

1.-Accept poor performance and negative events as being within rather than outside of your control.

2.-Take full responsibility for making the changes you desire. Believe that your efforts, work habits, and self-discipline will lead to improvement.

3.-Performance accomplishments naturally lead to a higher sense of mastery. To accelerate learning, as much as you can try to watch experts, visualize their performances, and solicit feedback from them about your own technique.

4.-Interpret your increases in arousal level not as stress, anxiety or fear, but as sources of extra energy for delivering a better performance.
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