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I can predict your future. You can too. Your future is in your unconscious mind. Call it the sub-conscious or the unconscious. The outcomes you will create next week, next month, next year and next decade are all in your mind right now. Famous Swiss psychologist Carl Jung said: “until you make the unconscious conscious, it will direct your life, and you will call it fate”.
Think about it for a moment. How can many people look at the same situation, same material, same market, same indicators, same analysis and come up with so many different interpretations and conclusions? One of our readers got upset about short selling and called it “promoting destruction, stealing and theft”. While some make eight digit profits through the falling markets others see it as bad and immoral. I wonder what different thoughts create each one of those vastly different approaches and outcomes.
If someone told you there are unlimited amounts of money to be made in the markets today, what would be your first reaction? Not the opinion you take five minutes to form, the very first reaction. Would you say:
- No way.
- Of course
- Not in this market
- It is easy for some
- Where?
- How may I get my hands on it?
- Only immoral people make that much money.
- I know. I already have my hands on it.
- They are just lying to trick me into
Call it self talk, conditioning, brainwashing, subliminal training, cybernetic imprinting and judge it immoral, wrong or unfair: you have thoughts patterns deep in your mind that shape your outcomes. So what do you do? As Carl Jung said, you make the unconscious conscious. Then modify it to suit.
Here is a simple exercise. Get ready to write (pen and paper is better, but keyboard will do if you must). Start repeating to yourself: “I will be the world’s first trillionaire through my trading”. Then write down every objection you think of. Do it quickly like a brainstorming session. Write every objection and every obstacle you think of. Do this long enough until you feel you got out every objection and covered every aspect. The next step is to turn each objection into a positive sentence (avoiding double negatives). For example:
That is absolute nonsense.
Ineffective double negative: That is not nonsense.
Effective positives: That makes sense. That is so sensible. That is the absolute truth.
Do this for every sentence you wrote. Then read your new list at least once a day.
In trading we talk about minimizing risks and maximising rewards. This is a risk free exercise with unlimited rewards. Do you believe it?
Believe, achieve
Sinan Koray
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