Thursday 19 August 2010

STAY IN THE “NOW” FOR PEAK PERFORMANCE

– Want to trade your best when it counts the most?

Then you have to learn to keep your focus of concentration in the “now” of the performance. All too often, not just newbie day traders but some experienced traders too, like to “time travel” when they compete. They go into the past and focus on a mistake that they just made. “What an idiot! I can't believe I did that!” Or, they jump ahead into the future and worry about the outcome or messing up. “What if I make another mistake? You must be calm as a trader and most definitely not feel as though you are under pressure.

To trade to your potential, you must train yourself to stay in the” now,” focused on what you are doing in the moment. This means that you have to take the game one play at a time, one trade at a time. If you find yourself “time traveling” or leaving the now, then you want to recognize that you've left the “now” and quickly return your focus to the “now.” This one, very simple yet critical mental skill is the heart of mental toughness. If you'd like to consistently raise the level of your game, then you must discipline yourself to stay focused in the “now.”

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