Mohan's Market Force - Daily Directional Forecast [Preferred Trading Platform: Ninja Trader] [Kinetick Preferred Market Data Services]
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Daily Directional
Forecast

Traders' Affirmations

WATCH MOHAN'S DAILY AFFIRMATION
TUTORIAL HERE

The Magic 7 External

[1]

I am trading a proven system with clear calls on market direction, position entry, stop placement, trade management, and strong psychological reasoning and support.

[2]

I realize that I create my own luck and fortune by intense study of the markets, intense focus on doing the correct things in the market, and keeping my mind clear of illusions and "trading noise" generated by the excess information in the markets and in the media.

[3]

Trading the S&P is fearless, killer, high-speed fun. It is not a place for me to be "conservative," passive, or "low key." I totally love trading the S&P. I love the excitement of being in this professional business.

[4]

I only trade the S&P when I feel positive and optimistic. I believe I've already won the game before I start. If I have any negative thoughts towards trading now, I will not trade today because I will most likely lose. There is nothing wrong with taking a day off from trading if I'm not centered and feeling good.

[5]

I totally understand that consistency is more important than being "right." Having the desire to be "right" is for amateurs and making money consistently is what the real professionals do. I am striving to be a real pro every day by focusing on what is proven to really work -- a method that produces steady profits while protecting me if I am wrong.

[6]

I keep exact track of all my trades, including profits and losses. I also keep a journal of my thoughts, such as why I did a particular trade and what happened during the trade both in the markets and in my head. In this way I track my skill development as a trader, as well as my mental development.

[7]

I trade for a living as a professional in business. As a business, I use a portion of my profits to further educate myself, take vacations and buy gifts for my loved ones who support my trading work, and I contribute to charitable causes.

The Magic 7 Internal

[1]

I am aware that after developing or following a proven system, 90% of successful trading is psychological.

[2]

I realize that my mind possesses infinite potential and that infinite potential can be realized through practice.

[3]

I am aware that to trade successfully my left-brain impulses of decision-making, analysis, and "seriousness about my market opinion" must become balanced with my right brain intuition, calmness, and inner confidence. These two aspects of my brain are balanced by trading a proven system and by meditation to reach deeper into the intuitive side of my self by "emptying" the analytical left-brain side frequently and continuously.

[4]

I allow myself to access my intuition by releasing myself from the desire to be "right" in the markets, and instead focus on what the market is telling me now in relation to my position and my clear analysis -- no matter what my position is.

[5]

I am completely comfortable not trading if I don't see anything in my system, and I consider not trading to be Position Neutral.

[6]

I practice balancing my right and left brain understanding to the point where I am completely comfortable reversing a position if I see the market is telling me to do so.

[7]

I see mistakes only as opportunities to observe what I need to improve in my skills and intuition. Therefore mistakes and losses become valuable instead of debilitating. I understand mistakes can become "double losses" by not learning from them, not taking notes and not committing to improving the situation the next time it occurs.

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