Forex Trading Tactic – Meditation

October 21, 2008

Forex trading has a hectic environment and many forex traders feel stressed during and after each trade. The stress leads to tiredness, unhappiness, impatience and frustration, which in turn influences the decision making and rationality. Is there a way to limit the stress and increase your focus during online trading? Can meditation turn you into calmer and more focused self? 

Meditation is an amazing way to decrease mental discomfort during trading. Don’t get me wrong, I am not talking about joining monks in Tibet or experiencing true happiness on a daily basis even during bad trades. All I am saying is that trying to meditate while watching forex charts can actually be quite rewarding. 

Meditation is a perfect way to focus your mind on something specific. I, for example, prefer to meditate and immerse myself in the charts instead of walking away from the screen for couple of hours.  

Most forex traders find themselves stressed and agitated at least several times during the day! If you are stressing out most of the day in front of the computer maybe it is time to consider finding a way to relax while you trade. Forex trading is flexible, and therefore you should be open for new ideas. There are many ways to be successful in online trading and I truly believe that meditation is one of them.  

 Find simple meditation steps here: http://www.forexexplore.com/blog/viewpost/478.html

(Source: ForexExplore.com -  Forex brokers reviews and rating, comprehensive forex tutorials and articles, latest forex news and forex blog. Find top forex brokers, free demo accounts and much more. )

Entry Filed under: forex strategy. Tags: , , , .

26 Comments Add your own

  • [...] Forex news by forexexplore [...]

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  • 2. Wys "Free Forex Signal"  |  December 16, 2008 at 1:38 am

    Interesting ! It’s my first time reading that medication related in forex trading business. Thanks’ for sharing.

    Reply
  • 3. Xenon  |  February 15, 2009 at 10:47 am

    Nicely article and quite interesting result
    Thanks for sharing

    Reply
  • 4. joe  |  February 18, 2009 at 5:01 pm

    i think you are quite a zen guy …hehe

    Reply
  • 5. Forex_Expert  |  February 19, 2009 at 1:54 am

    forex is the fastest way to generate money on the internet. But if you dont have proper skill to handle it, it can be your worst nightmare.

    Reply
  • 6. joe  |  February 20, 2009 at 12:11 pm

    i strongly agree with Forex_Expert

    Reply
  • 7. mavia  |  February 20, 2009 at 8:01 pm

    To me money is the best meditation. If u can earn lot of pips with a huge money. I don’t you’ll stressed anymore.

    Reply
  • 8. AHMAD RIZAL  |  February 21, 2009 at 3:00 pm

    Hi there..I think u need skill in this situation..luck play some important role..anyway..nice article..can be utilised in any way…hope to generate extra income along the way

    Reply
  • 9. fxniche  |  February 22, 2009 at 10:12 am

    hi there, i agree with you coz this is a great idea (meditation) on how you can control you anger when get negative pips.
    take a break and do your meditation.

    Reply
  • 10. fxster  |  February 25, 2009 at 12:51 am

    good input for me about meditation

    Reply
  • 11. rizal  |  February 25, 2009 at 1:30 am

    Any advice on selecting a good forex autopilot, anyone?

    Reply
  • 12. Saad Abdullah  |  February 27, 2009 at 4:19 am

    great article to meditate and for u rizal, you can look into these reviews…great stuffs!!

    Reply
  • 13. forexpert  |  February 27, 2009 at 5:36 pm

    hi there..this is chance to everyone who have interest in forex trading…everyone must see first !!!

    Reply
  • 14. omeforex  |  March 3, 2009 at 9:57 pm

    I have to agree abt the meditation part, at least u need a clear mind to trade in forex :-) .

    Reply
  • 15. forexfx  |  March 4, 2009 at 4:03 pm

    I was wondering, if anyone can tell me how you’re
    doing in your forex investments in the past few months?
    increase in profit, or decrease?

    Reply
  • 16. anita  |  March 5, 2009 at 11:35 am

    this is solution forex advisor.Please visit this site http://www.freeforexadvisor.com.

    Reply
  • 17. forexgeek  |  March 6, 2009 at 8:46 am

    Hi,that was really true based on my experiance in forex trading before…now i’m trying to develop my own trading and i prefer using trendline as breakout point for my long or short signal. Although there are also some product that you can try and believe me that not all of the forex product is a scam..

    Reply
  • 18. top forex reviews  |  March 7, 2009 at 6:26 pm

    hi…
    very great and nice info this blog first time about meditation related in forex trading ,i’m newbie, i like trading forex but i still learn to get the best trading,i survey about forex ,i hope u all can help me give your opinion about forex autopilot tq

    Reply
  • 19. CFD Brokers  |  March 8, 2009 at 10:38 pm

    Thats a good touch, do you really apply this are is it just chatta? I like to trade and I certainly am a stressed swine most the time, so could probably do with exploring alittle myself, maybe will have a go at your steps.

    Reply
  • 20. Hernando Quevedo  |  March 25, 2009 at 8:21 pm

    Hello,

    Yes, you can make money trading forex, but you need to have your profitable trading system, stick to it with good mentality and money management. The beauty of the Internet and computers is that this can be automated with experts advisors. Find a few profitable expert advisors and you will be very happy. Please be aware of the big amount of expertd advisors that simply don´t work and will make you lost money.

    I highly recommend this 2 EA, check them and make your due diligence, maybe they are your EAs.

    http://tr.im/hqOW
    http://tr.im/hqP4

    Best Regards

    Hernando Quevedo

    Reply
  • 21. forex guides review  |  April 5, 2009 at 12:27 pm

    I am amazed with it. It is a good thing for my research. Thanks

    Reply
  • 22. Mark  |  April 25, 2009 at 6:14 am

    Interesting, I’ve found that meditation before I trade both enhances my ability to focus and keeps me firmly in the now. Thus, trade what you see and not what you think.

    Reply
  • 23. Ruben  |  June 17, 2009 at 7:46 pm

    Having traded Forex for many years I do know how stressful currency speculation can be. Meditation or hobby or something to help a trader to relax is a great advice.

    Reply
  • 24. forex reviews  |  August 17, 2009 at 1:04 pm

    This is really a great post!
    This seems to give valuable ideas which really need in this kind of trading business.This seems to be so interesting!

    Reply
  • 25. Eva  |  September 4, 2009 at 6:13 am

    One thing don’t forget manage your margin. Nobody know the way of price so trader should study MM-money management.

    http://www.learn-forex-market.com
    http://www.buyforexbook.com

    Reply
  • 26. jvwjvw  |  September 9, 2009 at 11:22 am

    Hi,

    This is a good informative site on Forex.

    i myself have entered into this niche just recently and am learning more about forex trading.

    I have also setup a forex how to blog with Forex FAQ and articles.

    regards,
    ASHISH THAKKAR

    Reply

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