We finally get to the third pillar of the triple trading advantage in life.
The first edge you can have in the market deals with having a very strong foundation of knowing the universal principles of speculation, formulating them into a trading philosophy and habits that you can go apply on the financial markets that you trade.
The second edge you have in life deals with knowing the general success strategies. ¬†The work ethic, attitude, discipline, focus, people skills, etc. ¬†Getting rid of toxic people and bad habits, etc. ¬†The average aspiring trader is focused like a laser on hopping from trading system to system. ¬†Scouring the internet for the magic indicator that will make them their trading fortune.
When someone like a Jim Rohn tells them that they should “work harder on yourself than you do on your job,” they don’t really know what that means and go right ahead looking for the shiny new thing.
Personal development, or “personal transformation” as I like to call it, is sorely needed because as Earl Nightingale said: ¬†“The human mind is the last, great, unexplored continent on the earth. ¬†It contains riches beyond our wildest dreams.” ¬†And as Lao Russell said: ¬†“The supreme mystery of man is man. ¬†To know man, one must think beyond what one can see of him.”
In order to tap the powers of the human mind, engaging in self help and personal development certainly helps. ¬†This is the logical/rational side of the journey. ¬†Don’t just be satisfied with whatever academic education you have – whether it is a high school diploma, or multiple PhD’s. ¬†You take control of your own life and continuing education and decide which categories you want to improve and transform upon. ¬†Read books, go to seminars, etc. ¬†You decide which format or formats you want to learn from.
Walter Russell once said that “Mediocrity is self-inflicted and genius is self-bestowed.” ¬†If you are stuck with ineffective beliefs about life and yourself after a decade or two, the first person you should look at is in the mirror. ¬†Very few exceptions exist as there is an information explosion that has been underway over the past decade. ¬†You can go read and learn about and master almost any skill you desire. ¬†Used books in good condition can be delivered to your home for as little as $4.00 in some cases. ¬†As Dan Kennedy once wrote: ¬†“Anybody can absolutely, drop-dead master any damned thing they set out to master and attack with passion, intense study, determination, practice and persistence. ¬†Anybody can master anything.”
Now, to be fair, there is so much information out there, how do you know where to begin? ¬†This is why I created the Recommended Trading Books list, and the Recommended Personal Development Books list.
As you go and take action and develop a more powerful philosophy and further clarify the vision of what you want, you will better be able to choose the information, people, books, etc that can best help you on your journey. ¬†You won’t be able to reach 100% accuracy, but you don’t need that to achieve everything you ever want. ¬†Probably when I first started, my accuracy in choosing was very poor, say 5% of the information I consumed was the powerful information. ¬†Nowadays, it is far better, but not 100%.
Now, let’s finally move to the third pillar of the triple trading advantage:
Explode Trading Profits with Spirituality, Meditation, and Consciousness
There have been people that asked me how it is possible that I see what I do in the markets. ¬†That how do I know certain things. ¬†How I figured out things in life so quickly. ¬†They think I have some magic powers or sorcery or something.
It is true – I did figure out certain things about the market far faster than others. ¬†I have learned in 10 years, what some people learn in 30 or 40 years, or never learn in their lifetime. ¬†There is of course still so much more to learn and more adventures to go on in life and the markets and I relentlessly push every week and every day. ¬†I operate under the spirit of the words uttered by Paul Tudor Jones: ¬†“If life ever ceased to be an educational experience, I probably wouldn’t get out of bed.”
Whatever powers I may have – or more accurately developed, you can have to. ¬†You can develop and have that most sought after and elusive Macro Interpretation Advantage for use in trading.
The truth is, whatever one person knows, or whatever one person does, you can know and do as well. ¬†This is not a power reserved for only the elite and wealthy few of the world. ¬†We ALL have it. ¬†It is just a question of how to tap into it.
One of the new edges I have been developing over the past two years is that in the trading spirituality/meditation and consciousness realm.
Why have I pursued this? ¬†For many reasons including:
- Be in harmony with the markets movements to a higher degree to generate stronger trading performance and thus profits
- Reduce tension, intimidation, anxiety, fear, etc
- Promote serenity and peace and tranquility in my own body and mind, which can help heal the body a bit faster from ailments, illnesses, etc
- Raise creativity to tap into ideas that I may have never been able to tap into or be exposed to
And finally: ¬†to be able to raise my consciousness level to help me better find the more powerful information, ideas, people in life, etc. ¬†My higher consciousness, combined with my personal development I have done, along with my knowledge of the universal principles of speculation, give me three very powerful pillars from which I can go find the most important trading information, etc. ¬†It helps to “weed out” the useless information, courses, books, etc.
Which helps to save loads of time. ¬†I like saving as much time and speeding up my journey as much as possible. ¬†You don’t know how much time you have left, so you always want to be looking for opportunities to speed up your journey. ¬†To get rid of the B.S. information, and hone in on the most accurate information as possible. ¬†Higher consciousness allows you to do to that.
Now, you may be asking what is this consciousness thing? ¬†So I have to explain it to you.
David Hawkins in his book, Transcending The Levels of Consciousness, talks about The Map of Consciousness shown below.
As you can see, the consciousness levels go from zero to 1,000. ¬†The lower levels of consciousness consist of emotions such as Anger, fear, guilt, shame, etc. ¬†The reason they are low consciousness are many. ¬†When was the last time you made a good decision when you had hateful thoughts and actions?
As you empower yourself, educate yourself, do some personal development, etc, you start moving upward the consciousness level, towards the REASON level around 400 – 500. ¬†You start raising your awareness, taking more control over your life and decisions, etc and as a result you start being happy a lot more of the time than when you were feeling fear and apathy and guilt, etc. ¬†You start moving closer to Reason / Truth / Logic, etc.
And in trading – the closer you get to the truth of the market movements that = $$$$$. ¬†That is one of the formulas to remember!
Another way to help raise your consciousness is through some meditation. ¬†There were certain things I have learned about the markets and life, that I only learned through hours of rolling up my sleeves and working. ¬†And there were other things I learned only through meditation and deep love of the markets and my work. ¬†I know some strategies, that you aren’t going to find written in books by other people. ¬†So now I do both.
Therefore, I offer up the theory that when I was stuck in the technical indicator cycle, and chart pattern and price pattern cycle, I was operating in a low level of consciousness. ¬†Results were mixed and lackluster. ¬†Lots of frustration and unanswered questions. ¬†I was far from the truth of what truly made the financial markets move.
As I discovered order flow and started stop hunting and news trading, I was experiencing a surge in profits, because my consciousness level was rising! ¬†I was getting closer to the truth! ¬†Then as I evolved into adding a heavy element of Global Macro Trading, I got even closer to the truth of the markets and my profits and happiness increased as well. ¬†And let me tell you, there is HUGE JOY in understanding trading and the markets. ¬†As Walter Russell said: ¬†“The only permanent happiness is the pursuit of knowledge and the joy of understanding.”
As Jesse Livermore said: ¬†“The real joy was in the consciousness that as a trader I was at last on the right track.” ¬†Notice that he is using the word consciousness almost 100 years ago!
So if you ever read a book, or blog post, or bought a trading course, etc and you didn’t really like, and didn’t work for you, etc, then one of the possible reasons is that the person who created it did not have a high enough consciousness level and skill level close to the truth of the markets movements. ¬†(or perhaps your consciousness level was too low – and thus your understanding was not advanced enough)
A person cannot create something better than their skill level and consciousness level. ¬†They have to first raise their mastery and consciousness first, then they go create a great trading course or book, etc.
Is this exciting stuff or WHAT? ¬†A groundbreaking and refreshing way of viewing trading information!
So therefore, you want to have a goal of raising your consciousness level.
Let’s take a look at what Elon Musk said:
“I came to the conclusion that we should aspire to increase the scope and scale of human consciousness in order to better understand what questions to ask. ¬†Really, the only thing that makes sense is to strive for greater collective enlightenment.”
Higher consciousness will enable you to ask better questions!
The traders who are in the low consciousness levels are constantly blaming other people and the market for their woes. ¬†When they raise their consciousness level, they will discover the answer within themselves.
As Marty Schwartz said: ¬†“Most people think that they’re playing against the market, but the market doesn’t care. ¬†You’re really playing against yourself.”
OK, so now you may say: ¬†“Got it, raise your trading skill level, do personal development, and raise your consciousness level to be a better trader, but how do you raise your consciousness level?” ¬†Good question!
One of the ways is through meditation. ¬†Anywhere from 5 minutes to 60 minutes a day. ¬†You could spread it out among 2-3 sessions during the day with morning, midday, and evening.
I do around 20 minutes per day in one session, unless I feel I need more. ¬†It doesn’t happen every day as some days are busy, but it happens on over 70% of the days.
So How Do You Meditate For Trading Success?
Well, it usually consists of three things: ¬†A physical posture you are in, what you are listening to, and what is going on in your mind (most important).
Now, you don’t need to listen to anything, or be in any special posture with your body. ¬†You can actually bliss out anywhere at anytime when you get good at it – while trading, while eating, while talking, while walking, in a crowded airport, in a serene park, etc. ¬†But, when you are first starting, it can help to have a certain posture and listen to something. ¬†This can help with the most important part which is what is going on in your mind. ¬†To meditate successfully, it is helpful to know how to “stop your thinking.” ¬†When you are successful at that, then you gain the ability to feel that “tingly feeling,” inside of you, which could be feelings of love, peace, tranquility, etc.
How do you quiet the mind and stop your thoughts? ¬†See the books and audio recordings below.
All sorts of people are offering meditation music nowadays. ¬†I don’t know what will work with you. ¬†I can just share what I have used and worked for me.
So the million dollar question is… what do I listen to? ¬†Who do I listen to? ¬†Two people.
1. ¬†The works of Dr. Frank Kinslow
In some of his books that he has published such as The Secret of Instant Healing, and When Nothing Works Try Doing Nothing, he describes the meditation exercises and processes. ¬†You can pick up some free and paid audio downloads from his website.¬† Just scroll to the bottom.
2. ¬†The hypnotherapy recording of Geoffrey Glassborow.
Mr. Glassborow was a hypnotherapist from England. ¬†He helped to cure the trader Guy Cohen.
His audio recording is available by clicking here.
Let me say that I am not a doctor, so do not consider any of the above as professional medical advice. ¬†I just enjoy sharing my journey with you.
Again, the reason that someone would do this stuff, is because they believe it will benefit their ability of finding the best information, interpreting it properly, and thus enabling better trading performance, and being happier throughout the whole process. ¬† ¬†With the information explosion, it is just so necessary to develop a powerful trading philosophy, coupled with higher consciousness, so you can progress in life.
Spirituality and Consciousness Books
If you want to see which books are in the spirituality and consciousness section of my library, then you are in luck! ¬†In addition to the recommended trading books and recommended personal development books, I have added the Recommended Spirituality and Consciousness books section. ¬†Check it out!
RAISE YOUR CONSCIOUSNESS: ¬†If you want to raise your consciousness level to position yourself for profits in today’s markets, then click here for the Order Flow Mastery Course!
P.S. ¬†If you haven’t already, sign up for the Early Bird List for my new book which will help you raise your consciousness further as well.