baldeagle wrote:Immy, thanks for the thoughts.
I presume the device you are talking about is the StressEraser?
I will revisit your humble writings about "Activating the Zone".
Maybe THIS is the reason we want to trade from a calm place. The subjects in this study by Dr. Dean Radin, seemed to know what the computer was going to send them before the computer did! Were they seeing into the future? Other experiments seem to corroborate these results.
If we got into the zone before we opened a chart would we know what was going to happen before we saw it?
Ed
Ed,
The zone is not a mystical esoteric place... its just a condition of the brain where its wave pattern is coherent. The flight and fight response is not activated and its in a "smooth" state. Now remember, we used to say "STRESS FREE" and "CALM" is the way but in practice, I can testify, this that its not necessarily the case that I'm in the zone only when I'm calm and relaxed. Rather, it depends on the type of activity we are doing. A one minute trader might not be able to trade in a completely serene frame of mind. Because relaxed also, often, means slow. Abrupt changes in mind, the spikes are gone, its smoother. A bit like high speed train. Its fast but very smooth, a tiny little bump can be catastrophic but it runs in a smooth fashion, all the parts running fast but smooth in a timely manner.
Now think of a poet writing about the peaceful surrounding of a
lake saiful malook
He would be in the calm relaxed but coherent wave pattern.
but a rugby players wave length will be different. but it will be in the top left quadrant. Passionate, full of energy yet smooth and enjoying himself.
The Question of whether we can predict the future?
Well for the purpose of this example its a yes or no. However in trading, we can have a fair idea of where price is going to be. with a degree of certainty. I personally believe and practice this mantra now. We should ALWAYS have a fair idea of WHERE is price going, using the relative point in time/space where price is Right NOW and where it has been. e.g. when AO is peaking and showing a wave 3 and price has stretched out a lot, we often will have a fair idea that price will now pullback and we can mark 38% to 50% retrace areas and guess that it might come around this area. Strategies can be created using this principle. One such strategy is the Fruit. We then know that when its done that pullback and stops near or between those two levels if it resumes in the direction of previous wave it would probably move as much as 62% of the previous wave. Now you got another way to tell, in advance that this is where price might go.
However, if your mind is a in the erratic state, due to fear, stress and anxiety, you might be in the DIY Lobotomy state of mind. You won't be using your "intelligent" brain (part of the brain). Chances are you won't see these patterns, you'll find it easier to not trade or get out. However, if you gave yourself 2 min of Calm relaxed, deep and smooth rhythmic breathing [space] chances are that you will enter the coherent state and begin to see alot of things that may have been blocked due to fear factor.
hope it makes sense.
ps: and thank you... I have been a believer of this.
"The path to success is riddled with [often repeated] smaller losses" 
