Could it be possible that you are just three feet, three inches away from trading gold?
Read on to find out…
In trading, when you are going through the rigors of the process, there are typically many moments of enlightenment and revelations, these “aha” moments along the way. These tend to challenge previously held beliefs because they spawn a whole new set of thinking and actions. Since it requires a new way of thinking and actions that you are not used to, this can cause some turmoil inside of your mind. It might feel like your mind/brain is rebelling against you.
You would like to pursue this new course of action, to pursue this new philosophy and implement it, but something inside of you seems to be rebelling. You would like to go full speed and implement this new and higher level of thinking and acting in the markets, but there seems to be that something stopping you. There seems to be that something sabotaging you, causing to go back to the previous level.
I vividly remember this happening to me many years ago. I had made my first small trading fortune via news trading and was struggling to make the transition to more global macro trading. I was interpreting so much information flow, articles, books, etc, trying to make sense of it all. Trying to make the transformation to Global Macro Trading.
However, I was self sabotaging myself by going back to the newbie guides and articles. I convinced myself that I should put my ambitions of this new style of trading “on hold,” because there was “perhaps something important I was missing.” That perhaps someone on the other side of the world had an eBook about Forex that I should read and review, etc. So I went on that wild goose chase diverting my precious time and energy from the more powerful global macro strategies. That was not a smart thing to do. Waste of time. (Though it does make a good story to tell you!)
What I eventually realized was that I should have declared myself as OPERATING on a higher level and kept on my unique trading journey and strategies. I should have kept PUSHING THAT. Should have kept on digging deeper into the most profitable trading strategies, etc.
Higher Trading Level via Consciousness:
Eventually I realized that no matter what system or strategy you are using, there is a hierarchy of consciousness levels. A hierarchy of trading truth.
Whether you are engaged in quantitative systems, in discretionary trading, this exists. The higher the truth and consciousness level of the information/ideas/system/philosophy/principles, the different language, thinking and actions of the traders involved. And the greater profit potential the higher up you go as shown in the Trading Profit Ladder.
And the higher up you go, the more you notice the delusions of the lower levels. Also since you are operating on a higher level, given that you don’t have infinite time on earth, and you want to max out on the profit and joy while you are here, prudent and ruthless time management means that you must declare yourself on a higher level and IGNORE the delusions and the newbie articles, etc. Sounds simple, but many do not do that. (Someday I would like to write a book on this Trading – via consciousness levels!!!)
For example, traders that are still in the lower consciousness states, may think of the market as purely stop hunting, that the big hedge funds engage in stop hunting, etc. However, as you gain more knowledge, as you realize that you are going on an ever higher level in your trading career, you realize there are other, more profitable ways to view the market. That the stop hunting explanation of market behavior is just one perspective and that you should add in other perspectives as well such as the global macro trading perspective, which is a higher level of trading consciousness.
Even top trading and investors have this type of thinking. Variations of it.
One top hedge fund managers, used to say: “there are a lot of quacks out there.” That is his way of saying a lot of low consciousness, untruthful information and strategies out there, the “quacks” that he should avoid like the plague.
Buffett has a bin in his office about: “Do not understand pile / Too hard pile.” Buffett’s right hand man – Charlie Munger talks about a similar strategy when he says: “At Berkshire we have three buckets: yes, no and too hard. We just throw some decisions into the ‘too hard’ file and go onto the others.” The “too hard” pile is another way of saying lower consciousness information and ideas as related to what they believe their purpose in life is.
6 Strategies for Operating On A Higher Trading Level:
So now that we understand how and why this sabotage happens, and what the higher level looks like, how do you make the transition? What strategies can you implement TODAY to bridge the gap? There are surely many things you can and should do which are a bargain and highly effective:
#1 – BE SELF AWARE
It is important to CATCH YOURSELF in the act. You are possibly, right now, three feet, three inches from GOLD. You can be on the verge of a massive trading breakthrough and strides which will manifest themselves into sky high triple digit percentage return profits, but there is still some “excusable confusion” left. This might sabotage yourself by thinking that someone else knows something important that you need to know, rather than trusting your own journey and your own ability to figure things out by doing. It happens quite often.
And the way that you can operate on a higher level is by being self aware. The more you catch yourself in the act, the higher chances of recovery and rapid advancement to a higher level. Awareness can be one of the first steps in many recovery programs.
The way you can be more self aware is by:
#2 – Writing down, Journaling
Catch yourself in the act, by keeping a clipboard, a legal pad, write down what you are doing and thinking. Just talk to yourself. Contrary to what your parents might have told you when you were a youngster, it’s not a “bad thing” to talk to yourself. I did that a lot in youth. And even continued it into my 20’s.
But all that self talk, all that talking to yourself, PUT THOSE THOUGHTS down on paper. THOUGHTS ARE THINGS. Thoughts can be written down. All those thoughts, feelings roaring in your mind, put them down on paper. Keep a running synopsis of your thoughts. Just jot down the ideas with the dates attached.
By doing these two things you can then…
#3 – DECLARE YOURSELF ON A HIGHER LEVEL
Simple. Just declare yourself superior.
One time many years ago, the gist of what one of my sisters said to me was: “you know, you seem to think you have a superior philosophy to everyone.” That was years ago, when I had a much higher level of pride and HEALTHY EGO (not destructive ego). I still have such things today, but I try to learn how to be tactful more and know when to use it, etc. Sometimes, pride is the only thing that can be keeping you going, it can be the only thing you have at that moment in time. Up until you acquire new information and fresh action.
During one of my years, I vividly remember that was energizing me and powering me through my days was not just the profits I was making, but also that I knew secrets, I had knowledge, I knew some secrets of the universe that 99.9% of other people walking on the street did not know. That combination felt really good to me. Lots of pride and feeding my healthy ego welled up inside of me, causing one of the best years of my life.
So that is one way to do it. You just declare yourself as superior to everyone else. You grasp at any insight, any information, any knowledge, even just an idea or two, a philosophy or two, a principle or two, even a book that you have read, smart person you have talked to, which allows you to declare yourself as superior, allows you to declare yourself as operating on higher level.
And for the record, I do still think I have a superior philosophy to most other people. I am not perfect, and still working on it. But I like to follow Andrew Carnegie’s quote:
“Immense power is acquired by assuring yourself in your secret reveries that you were born to control affairs.”
Therefore, assure yourself that you were born to control affairs – by acknowledging you are operating on a higher level than other people.
Warren Buffet has a version of this when he says: “My idea of a group decision is looking into a mirror.”
Steve Jobs had a version of this called his “reality distortion field.” Clearly he felt he knew things and could organize people, information and ideas in such a way to create “reality distortion” where both he and the people he commanded could accomplish so much more than they initially thought. And look at Apple being one of, if not the most valuable company in the world, producing so much cash flow every quarter and year.
Take another example from sports. The NBA Legend Kobe Bryant, said:
“Why would you ever play if you don’t want to be the best player who ever lived? That’s how I think everyone would go into it. You want to be the man, you know not the best of the moment, but the best who ever set foot on a basketball court.”
See the similarities between those three – in three different fields in life – multi billion dollar businesses, sports, and technology. All three had some version of feeling on the inside to be the greatest, that they were born to control things, to shape life as they see fit.
Let’s take a more personal, local story. I was playing with my 7 year old nephew on the basketball court in the playground. There was another child a few years older than him. He had a very large amount of pride and ego inside of him (as most children do and quite frankly SHOULD HAVE!). Saying he is better than Lebron James, etc. The kid had a lot of energy, and that pride and ego was certainly feeding his energy level, and feeding the words coming out of his mouth. So in some way, the child was declaring himself on a higher level. Now, he was certainly no Lebron James, but I admire the kids chutzpah.
So it is not just about having the chutzpah, the brass balls to declare yourself on a higher level, but also to find the knowledge and do the things, the habits that lead to becoming, to transforming yourself into such a person that you have declared. It’s a combination of the two.
You don’t just want the habits and work, because we are emotional creatures. We would like to inject some kind of emotion into our lives and careers of excitement, joy, and yes, even some pride and healthy ego. Without some level of emotion life would have little meaning.
However, you can’t just have the emotion, you need to do the work as well.
So that combination of accurate thinking and action, with the results, rewards and pleasurable emotions that come from them, is a very nice success cycle.
Therefore declare it to yourself, ADMIT IT, to yourself that you are at a higher trading level. From this feeling inside of you, from this new self image, will flow better thinking and actions for you to get what you want and deserve.
For the record, I am not against affirmations. Affirmations without action is delusion. If you can combine affirmations and those emotions, energy and excitement generated from affirmations, to help you find and DO the powerful actions, then affirmations can play a role in achievement. Just sitting in a corner chanting and thinking that you are going to develop superior health and have massive trading profits come into your trading account, that is delusion.
I do have affirmations that I use to keep me healthy, and if I do get sick, to recover faster, etc. But I don’t say them while eating a ton of junk food and not exercising and while lacking purpose and excitement in life. I combine the affirmations with the physical things such as nutrition, exercise, and mental work like ambition, work I enjoy, giving, etc. It’s most certainly not just affirmations.
So admit to yourself that you are on a higher level!!! Construct a new self image of yourself. A new sense of self worth, of mastery, which means you basically totally avoid the newbie stuff, freeing up your time and energy for more profitable and joyful pursuits.
Learn the art and science of allowing yourself and declaring yourself operating on a higher level!!!
#4 – Higher Consciousness Trading Information
As you become more self aware by writing down and journaling, and as you declare yourself to operate on a higher level, you start to realize what your current belief system and philosophy is. The next step is to INPUT NEW and POWERFUL information into your mind. A constant stream of this.
A constant stream of trading articles, books and materials to read and interpret. If you have been following me long enough, I talk about my “stacks” of articles on trading greats such as George Soros, Paul Tudor Jones, etc. In years past, on a Friday night and into Saturday morning, I would pour over those hundreds of articles until my eyes almost bled. That was years ago. That helped me greatly in keeping me out of “trouble” and out of the low consciousness trading information. I was plugging myself into a higher trading truth.
This combination of WRITING DOWN, DECLARING MYSELF ON A HIGHER LEVEL, + plugging into a higher stream of consciousness trading material, is a dynamite combination that can electrify your life.
This is the principle of doing everything you can to back up your writings and declarations with action.
This is the GO GETTER ATTITUDE. Going after the information you desire and need to succeed.
#5 – See the DELUSIONS of children, of your children, of your nieces and nephews, younger siblings, etc
The older you get, the more you should KNOW. The more things you should know – be damn sure about, 100% right on. Life is about growth and growth means increasing your KNOWING. Not your “I think this, or I think that.” Not just “I hope this happens, or I hope that happens.” While in life and trading there are certainly personal beliefs that come into play and way you life your life and the inherent uncertainty in the markets, but still, life is about increasing your KNOWING.
There is a fantastic thing that happens when you KNOW MORE, and increase your level of consciousness. When you attain a higher level in life, you can look at the people stuck in lower consciousness and see all the delusions, all the STRAW MEN arguments that they concoct, in order to hide themselves from what they really need to do. In order to hide themselves from their lack of ambition, lack of purpose, lack of choosing to do powerful actions. Don’t let that be you. BE SELF AWARE – through writing and journaling, being plugged into a constant stream of higher consciousness trading information, engaging in some personal development, etc.
Life is not just lived in a bubble – it is lived with PEOPLE. So by doing your own study and reading, you can progress. But also comparing what you know to other people, both younger and older than you, you can make incredible progress.
If you have children, then compare what you know for damn sure to be right, with what they know. Know how to read their mind. It’s not that hard.
If you have nieces and nephews, compare what you know for sure, with what they know.
If you have younger siblings, compare what you know for sure, with what they know.
It is completely natural for a 15 year old to KNOW MORE, than a 7 year old. It sounds simple and elementary, but this can be a profound truth, because quite frankly, a lot of people stop growing at age 20 or 25, etc. Their KNOWING doesn’t increase much. Some haven’t read a book since high school or college, instead opting to spend hordes of time on social media, coffee shops and restaurants, etc.
Notice the delusions, the less than stellar decisions, etc of people younger and older than you who are unaware. Let’s take the example of when I see my niece doing her math homework. She already learned the concepts. She should be able to finish it in 10 minutes, thus allowing lots of free time for other projects, adventures and fun. But she can drag it out for hours. One time she told me she did that so I could stay over her house longer.
Adults and aspiring traders do a similar thing, just the financial stakes can be much higher.
#6 – Just Let Go!
Learn to LET GO!
Stop trying to understand why all those other traders think and act they way they do. Or trying to understand every single person in life. Stop trying to save the world. Stop trying to save every trader, etc. Stop trying to understand why your mother and father have certain delusions about the financial markets.
Some things are just the mysteries of life.
Learn to LET GO, and focus on yourself, as you are the #1 person in your life. Learn to look out for the number one person in your life – YOU!
Bless them and let go. Let them go on their own life journey.
I talked previously about the GO GETTER attitude!
There is also the LETTING GO attitude. Life is about learning when to GO GETTER / GO GET IT / PUSH harder, versus knowing when to LET GO. A large part of your life is determined by what is the best at that moment in time.
Some or all of these strategies WILL work for you in declaring yourself and operating on a higher trading level.
But, by far, if you want the fastest way to feel superior, and actually operate on a higher trading level, then the best way is with the Order Flow Mastery Course. Where you will get the complete set of mindset and trading strategies that boost profits in today’s market conditions.