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EP151: The Best Mindset Tools: What Are They?
Is it really your strategy that’s trapping you or is it all in your head?
In this episode of Truth About FX, Walters lets out some insider information on some of the best mindset tools that you can use — and where you can find them. Walter will also tell you what each one is and how you can use them to help you have that winning mindset.
Download (Duration: 08:22 / 10 MB)
In This Episode:
00:41 – routine
02:01 – switched on
03:35 – calm mind
04:50 – habits and beliefs
06:01 – tapping
07:36 – have it stick
Tweetables:
Calm your mind [Click To Tweet].
Focus in your strategy [Click To Tweet].
Get into what makes sense to you [Click To Tweet].
Announcer: Sometimes, forex trading is a wild and wooly place to be. That’s why Hugh is here, to post your questions to Walter, the naked forex guy. Hugh’s got questions and Walter’s got the answers. Here at the Truth About FX Podcast.
Hugh: Hi, Walter. What are some of the mindset tools that you’ve noticed works over the years?
Walter: Yeah. This is really a good question, Hugh. I know we’ve talked about this quite a bit, just you and I off the record, whatever and so I know you have some input here. One of the things that I found really useful is to get into routine.
If you get into a routine, you can do things such as listen to a hypnosis track. What I like to do is use a brainwave entrainment track. What I want to do is put myself in a really good state.
Usually, that’s going to be like Theta. You want to be in Theta or possibly Alpha but Theta is pretty good. And then, I want to make my trading decision. For example, in the morning, what I’ll do after my kiddies are off for the day, I will have a look at my charts.
What I like to do is I like to listen to my brainwave entrainment track for Theta and then I’ll scroll through my charts and I’ll make a recording for the members in the Forum. I’ll just see what I am going to do, what sort of trades I’m going to take later on in the evening when the London market opens. That’s how I run my day. Another thing that I like to do is I like to use a thing called the “NEO Neurophone”.
This is an interesting tool. I’ll put the link in the show notes for people that are interested. I don’t think you can buy one anymore. They were for sale in Indiegogo and they weren’t and then they were again and they weren’t.
I think you might have to find like a used one on eBay or Amazon or something but basically, what it does is it’s like a imagine if you have like a magic pill or whatever that you could take and then when you take it, your brain is extremely switched on.
Have you ever had a feeling where you just felt like you were on and you could do whatever you could focus? You can make the right decisions. You’re just really maybe smarter or better equipped than you’re normally are. Have you ever have that feeling?
Hugh: Yeah, for sure. They call it “being in the zone”, right?
Walter: Yeah,
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By Walter Peters (FXJake) and Hugh Kimura (Trading Heroes)Is it really your strategy that’s trapping you or is it all in your head?
In this episode of Truth About FX, Walters lets out some insider information on some of the best mindset tools that you can use — and where you can find them. Walter will also tell you what each one is and how you can use them to help you have that winning mindset.
Download (Duration: 08:22 / 10 MB)
In This Episode:
00:41 – routine
02:01 – switched on
03:35 – calm mind
04:50 – habits and beliefs
06:01 – tapping
07:36 – have it stick
Tweetables:
Calm your mind [Click To Tweet].
Focus in your strategy [Click To Tweet].
Get into what makes sense to you [Click To Tweet].
Announcer: Sometimes, forex trading is a wild and wooly place to be. That’s why Hugh is here, to post your questions to Walter, the naked forex guy. Hugh’s got questions and Walter’s got the answers. Here at the Truth About FX Podcast.
Hugh: Hi, Walter. What are some of the mindset tools that you’ve noticed works over the years?
Walter: Yeah. This is really a good question, Hugh. I know we’ve talked about this quite a bit, just you and I off the record, whatever and so I know you have some input here. One of the things that I found really useful is to get into routine.
If you get into a routine, you can do things such as listen to a hypnosis track. What I like to do is use a brainwave entrainment track. What I want to do is put myself in a really good state.
Usually, that’s going to be like Theta. You want to be in Theta or possibly Alpha but Theta is pretty good. And then, I want to make my trading decision. For example, in the morning, what I’ll do after my kiddies are off for the day, I will have a look at my charts.
What I like to do is I like to listen to my brainwave entrainment track for Theta and then I’ll scroll through my charts and I’ll make a recording for the members in the Forum. I’ll just see what I am going to do, what sort of trades I’m going to take later on in the evening when the London market opens. That’s how I run my day. Another thing that I like to do is I like to use a thing called the “NEO Neurophone”.
This is an interesting tool. I’ll put the link in the show notes for people that are interested. I don’t think you can buy one anymore. They were for sale in Indiegogo and they weren’t and then they were again and they weren’t.
I think you might have to find like a used one on eBay or Amazon or something but basically, what it does is it’s like a imagine if you have like a magic pill or whatever that you could take and then when you take it, your brain is extremely switched on.
Have you ever had a feeling where you just felt like you were on and you could do whatever you could focus? You can make the right decisions. You’re just really maybe smarter or better equipped than you’re normally are. Have you ever have that feeling?
Hugh: Yeah, for sure. They call it “being in the zone”, right?
Walter: Yeah,