Trading In The Zone Flashcards
(52 cards)
Lack of consistency come from ______
Attitude
The winners have attained a mindset that allows them to remain __________, __________, and above all else ____________, in the face of adverse conditions
Disciplined, focused, confident
Most have not accepted what about a trade
That is has a non guaranteed probable outcome
4 Primary Trading fears
- Being wrong
- Losing Money
- Missing out
- Leaving money on the table
Confidence comes from?
Trust in yourself
How to become unafraid?
Truly accept the risks
____ not the _______ is responsible for my success or failure as a player
Me, market
The degree to which our mind is focused on _______ _______________ is the degree by which we create the very experience we are trying to avoid
Pain Avoidance
The more one has to ____ (or ___ ____), the less tolerance one will have toward info that might indicate we are not getting what we want.
Win, not lose
If you aren’t _________ _____________ for your results then you might believe you have nothing to learn
Completely responsible
I can’t _______ or ___ to _____ ______ from the market. Rather I will let the market unfold and take advantage of opportunities I see
Expect, try to get stuff
Do the best traders use courage to get through the fear?
No, they don’t have fear because they have accepted emotionally all the risks and just act on +EV opportunities
It is your job to perceive ____________, not threats
Opportunities
If you have a few losing hands in a row, your mind will perceive the next opportunity as ______ ______
Overly risky
After winning a few hands in a row the next opportunity will be perceived as _____ _____
Not as risky as it is
The best players believe, without a shred of a doubt, that _______ __ _________. This
Will prevent the mind from associating the now moment with the outcomes of the most recent past
Anything is possible.
The markets most fundamental concept
It can express itself in an almost infinite number of ways
Believing or assuming that ___ _____ will be the cause of virtually every error
You know
Most effective and functional trading beleif
Anything can happen
Every moment is ______ and ___
Unique and new
Unless we train our mind to perceive the ___________ of each moment, that ___________ will automatically be filtered out of our perception
Uniqueness
Taking every ____ increases sample size and gives opportunity for the ____ to play out in their favor
Edge, edge
Unsuccessful traders are obsessed with _______ __________ because they crave the sense of certainty it appears to give them
Market analysis
The typical trader desperately seeks __________ where it doesn’t exist. Ironically if he accepted the fact that _______ does not exist then he would create the __________ he craves: _______ that __________ does not exist
Certainty, certainty, certainty, certain that certainty
