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the anticipated bad trade 10 minutes from now. The mental scan technique can be seen as a "minimeditation" when there is insufficient time or inclination to give to a more extended meditation. |
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Yielding in the Midst of the Trading Battle |
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The yielding mode balances the assertive change tools by helping us feel satisfied and accepting of things as they are. Market news comes that happens to turn one of our stocks down. We can get upset, fight it, panic and sell the stock, or sit back and let the wave of emotion wash over us without the need to do anything. |
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We give in to the market movement that is beyond our control. Sometimes the news will help our stocks and sometimes it will bring them down. That's the nature of news moving the market. Can we accept it, give in to it, without feeling out of control? It is not our right to always have the market go our way. But this doesn't stop many from acting as if it is. We must bend, accommodate, and go with the flow of the market, whether we like it or not. |
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The stock market, like life itself, is obviously in flux and constantly changing. If we take the first hour or two of the market as the trend for the day, we will not be prepared to swiftly shift gears when the tide turns in the other direction, as it so often does. By yielding to these moves and trading with them, we find control by not fighting these waves of change. |
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Think about the strategies you use to cope with other areas of life over which you have no control. It might be waiting in line at the bank, waiting for a traffic signal, standing in line to buy a sandwich, or at a checkout counter at the market. Everyday, common experiences of not having the world move just at the pace we might want it to. |
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Each of these experiences may be viewed as an opportunity to let go of control, allowing things to be just the way they are. We can get upset, impatient, and aggravated. Or we can use the wait to slow down and pay attention to our inner world. We could even use the break as a chance to close our eyes and meditate, or scan our thoughts. |
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Personally, if I do not close my eyes when I have this kind of break, I am bending and stretching, using the break to get back in touch with my body. I don't think about this any longer. I just do it. It helps me slow down and be more accepting of the wait in front of me without feeling like I'm "wasting" my time. |
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