---------- Forwarded message ----------
From: Azad Jamal <[email protected]>
Date: Apr 7, 2009 3:18 PM
Subject: Anxiety and future in the Traders life
To: [email protected], Madhu <[email protected]>,
[email protected], manav manas <[email protected]>, RAMESH PISAL <
[email protected]>


Anxiety and future in the Traders life :

Anxiety is a future oriented emotion. You never will get anxious about
events that have already occurred. Suppose we had been anxious about a trade
but now it's over with profit hit or stopped out. We no longer feel anxiety
- only feel nothing, or satisfaction, or remorse, or disappointment, or
sorrow, or some other past oriented emotion.

Anxiety communicate a message that there's something in our future for which
we need to prepare. This is a vital, a self-protection message.

If you're anxious about a trade, ask yourself, “What can I do to prepare for
this evolution?” Fortunately traders almost everytime have to be prepared
only for 2 major events - profit or lose. At a first glance my anxiety is
related to a failure.. Only at first glance, cause there is no failure.
There is only a lack of knowledge, technique, and experience.

If you're anxious about your trade - ask yourself, “Is there anything else I
need to do to clear this fear, and trust in me?” This might involve
additional research, verification, something else. Don`t let the pressure of
anxiety to affect you at a higher level. But although we know how pressure
can affect us, we may not know how to deal with pressure of anxiety. Or what
we do know, doesn't always do the job.

When confronted with the anxiety in the trading, our natural self-defense
system-called the fight or flee syndrome - jumps into action. Developed
early in our history to confront the life-threatening problems our distant
ancestors faced, like the attack of wild animals or natural disasters, our
stress defense system stimulates certain regions of the body to react
quicker than normal. The heart beats faster, breathing accelerates, and
blood pressure increases. Two hormones are released, cortisol to mobilize
additional energy and adrenaline to increase our reflexes, strength,
reaction time of our mind. But there is a nail in my head: the same
chemicals that speed up our physical responses also suppress the calm,
rational parts of the brain.

The result? We tense up. Our emotions take over. We start talking to
ourselves, worried that we'll miss a note, lose track of the thoughts. A
trader does not need al of this.

As a short resume: Disappointment, or the fear of disappointment, keeps many
people from expecting success. The problem here is that I need to anticipate
success in order to succeed. Can you imagine what would happen if a
professional expected (was anxious all the time) to fail? Such a
fear/thought just never crosses the mind of a truly good trader. An
outstanding trader operates “in the zone” fully anticipating, creating in
his imagination his own flawless performance.

Definitely, when I feel anxiety about a trade – there is something wrong.
With me, of course. And the anxiety should be cleared immediately by:

Analyzing your actions and thoughts and by finding the source of your
today`s anxiety,

Be it your internal fears, or external like a lack or knowledge,
information. Again as said before you have to fight with yourself.

There`s not other way(s).


Azad

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