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How to Break the Cycle of Negative Thinking Habits: A Guide for Traders


Are you repeating the same mistakes over and over?


Are you still getting the same bad results?


If so then the reason is that you are either unaware of your thinking habits and your subconscious self-image is not aligned.


You are simply operating on autopilot to your pre-installed programs.


Many traders struggle with this same issue. The only way to break free from this pattern and achieve success is by recognizing and changing your thinking and habit patterns and aligning them with the person you want to be.


Unfortunately, stepping out of your comfort zone and trying something new can be challenging.


It's easier to stick with what you know, even if it's not working. Familiarity is easier.


This may be due to limiting beliefs or fear of failure, or even fear of success (another limiting belief).


To break this cycle, create absolute awareness of everything you are:


Speaking, thinking, reacting, and doing during your trading day.


All you need is a pen and paper! If you would like an easier way to journal you can get mine here: Emotional Trade Tracker


Breaking it down further:


Become aware of your thinking and actions.


Write down everything you do, think, and say before, during, and after your trades.


This includes any negative self-talk, such as "this always happens to me," as well as any counterproductive habits, such as constantly checking the charts.


Identify your habits.


Recognize the patterns in your behavior that are preventing you from achieving success.


For example, do you immediately look for new strategies or watch every tick on a new trade after you experience a loss?


Recognizing these habits will help you consciously stop yourself from falling back into the same pattern.


Here are some common negative thinking and habits:


- Watching trades tick by tick

- Becoming emotional when the price goes against you

- Self-talk becomes fearful, thinking of reasons to exit

- Feeling angry or sad after losing

- Looking for new strategies

- Doubting and feeling like a victim

- Spending all day looking at charts

- Being angry and snappy at people

- Body signal, chest heart skips a beat

- Constantly checking Profit and Loss

- Thinking solely on short-term outcomes

- Thinking 'what if' scenarios, if only I'd of...


These are habits that are not aligned with a successful abundant trader.


If you are doing one or more of these things then you need to work on this!


Replace your negative thoughts and actions with positive ones.


Once you have a list of your common thinking and habits, it's essential to be aware of when they happen and take action to change them.


Replace negative self-talk with positive affirmations, and implement new habits that support your success, such as taking breaks from trading to do enjoyable activities.




The Real-Time Work


When you have awareness of these habits you now have the power in real-time to stop repeating them.


This is key! You can now create a pause in your old actions and reframe them.


You can begin to change your negative habits to the person you want to become (Already are)


When you become aware of one of these habits happening in real time then stop and say to yourself


''This is not how I do this. This is the old version. I am a world-class trader and do this ______ instead.''


And act on it.


Have A Strong WHY


As a trader, having a strong reason behind your decisions is crucial.


You must understand why you want to make changes and believe that the benefits of breaking away from your current patterns outweigh the costs of remaining stagnant.


In other words, having a compelling WHY is essential. It gives you a sense of purpose and motivation to push through challenges and setbacks.


Without a strong reason, it's easy to fall back into old habits and miss out on potential gains.


So take the time to reflect on your goals and aspirations as a trader.


Ask yourself why you want to succeed in this field and what drives you to keep going.


With a clear WHY, you'll be better equipped to make smart trading decisions and stay on track toward achieving your objectives.


In Conclusion



Becoming aware of your thinking loop and breaking free from it is crucial to achieving success as a trader.


It requires effort and a willingness to step out of your comfort zone, but the rewards are worth it.


Take the time to reflect on your thinking and habits, and remember that change is possible if you're ready to take action.


Have an incredible day my friend!


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