FX COACHING
For trading, I think it’s just unbelievable how mindfulness helps you to stay here and not to think about past or future.
people, I would just play key events back in my head – figuring out how others had handled the situation… I’ve always thought of it as some Tom Basso up in the corner of the room watching Tom Basso here talking to you in the room. The funny thing about this secondary observer was that as time went on, I found the observer showing up a lot more. It wasn’t just at the end of the day anymore. As I got into stressful situations, as I started trading, doing more interacting with a lot of people, getting our business off the ground, dealing with clients, and so on. I found that this observer was there to help me through it. If I felt awkward or uneasy, then I was able to watch myself do it. Now I have this observer there all the time.”
As a trader one of your goals is most likely to be 32 FX TRADER MAGAZINE April - June 2013
disciplined, which is in essence the ability to be able to shape your behaviour, to be able to direct your thinking and your feelings. John Whitmore in ‘Coaching For Performance’ makes the point “I am able to control only that of which I am aware. That of which I am unaware controls me.”. In order to develop discipline, we need control, and to develop control you need to develop awareness.
“Since practising the mindfulness exercises I have become more attentive both in and out of trading. My awareness has increased and I feel that I have calmed down a lot and have more discipline. The emotional swings have reduced.” Trader, Multi Asset Classes, Following A Program Of Mindfulness Training.
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