Archives of “magic” tag

rss

10 Inspirational Buddha Quotes

  
  Education
#  #  #  #  #
Many Buddha quotes that are handed down until today are both inspirational as well as reflecting deeper truth of reality. What can we learn, where can we be inspired from The Buddha for everyday life and our own development today?

 1. “All that we are is the result of what we have thought. The mind is everything. What we think we become.”

2. “All wrong-doing arises because of mind. If mind is transformed can wrong-doing remain?”
3. “Thousands of candles can be lit from a single candle, and the life of the candle will not be shortened. Happiness never decreases by being shared.”

 4. “Do not dwell in the past, do not dream of the future, concentrate the mind on the present moment.”

5. “However many holy words you read, however many you speak, what good will they do you If you do not act on upon them?”
6. “Death is not to be feared by one who has lived wisely.”
7.”No one saves us but ourselves. No one can and no one may. We ourselves must walk the path.”
8.”In the sky, there is no distinction of east and west; people create distinctions out of their own minds and then believe them to be true.”

 9. “If we could see the miracle of a single flower clearly, our whole life would change.”

10. “The only real failure in life is not to be true to the best one knows.”

Everyone has a plan, until they get punched in the mouth

  
  Education
#  #  #  #  #  #  #  #  #  #  #  #  #  #  #  #  #  #  #

I heard Mike Tyson say this years ago, and it immediately stuck with me because of so many ties it has to trading your trading plan with focus, discipline, and repetition.

Our main focus in training new and veteran traders is to build a belief in the system through repetition. After seeing the performance of a trade over 150 times within a 2 month period, it becomes evident that you begin to move away from a fear-based internal dialogue regarding your trade. You already know the system is consistently profitable, so the only X-factor in the entire process is that little 6-inch universe between your ears. Now, the focus of accuracy has everything to do with you, the trader, following your rules with consistency and repetition and nothing to do with the system.

Now back to my original point. We have seen the trades. We know the system is profitable. We have simulated the system and are showing a profit. We are ready to trade live hard earned cash that we have an emotional attachment to. Every dollar we are trading equals a loaf of bread, so to speak. Our hard earned trading capital is now taking the INEVITABLE equity draw-down, as dictated by the system. We WILL lose trades, traders, this is a fact that we must embrace on all levels. But remember, contraction leads to expansion. Your draw-down will inevitably lead to a run-up. The KEY is NOT TO MISS IT!

Now, we’ve had the draw-down, and to put it bluntly we’ve “Been punched in the mouth”. THIS is where the magic happens. At this very moment what will you do? Will you let the fear and painful associations of the market dictate your trading executions? Or will you draw upon your training, having fully accepted that this equity swing is nothing more than another step to consistent profitability?

Will you continue to place those next trades with consistency? Will you remove all mpulsive trades from your trading style? Will you follow the trading plan that you’ve put so much thought and process into developing for yourself?

If you have a pen, WRITE THIS DOWN and tape it to your Monitor:

“WHEN I TRADE MY PLAN WITH CONSISTENCY AND REPETITION THE MONEY WILL FOLLOW.”

Remember, every trader gets punched in the mouth. The magic is how you apply
your trading when this happens.

Go to top