dchua1969

Words have power

Long
TVC:IXIC   US Composite Index
Study the words of Trump's tweet yesterday carefully.

Who will win in this upcoming election ? Trump or Biden? Your guess is as good as mine. Would Trump's defeat really bring the stock market to its knees as he proclaimed ?

Nobody knows, for sure. That is the power of his words to the people of America, especially the older folks who depend on their retirement savings and investments.

And for those who believes in him will somehow be influenced when November comes. And that is what Trump is banging on. Anything that gets him an extra vote and each vote counts in times of uncertainty and crisis. His denial on the way how he handles the Covid-19 crisis in America has many experts disagreeing with him to reopen the States and schools , much to the horror and fear of parents and teachers.

Read here on the IKEA experiment
Now, if plants suffered due to negative comments, it is the same for humans. Read Kelvin's story

Politicians know this too well and will use words to their advantage. Now, the stock market consists of nothing but the emotions of traders and investors. If the majority accept what Trump said, then they would see a rising market (their beliefs led to their actions really) and the minority loses out and vice versa.

Conversely, what YOU says to YOURSELF daily is just as important. Think happy, positive, encouraging thoughts to yourself daily. Regardless of the external environment, spend some time with yourself, quiet within yourself and not let the external hustle and bustle stressed you out.

Accept losses as part of doing the trading business, not that you are no good (provided you adhere to the trading rules)

Keep your vision burning bright in your heart and mind, write it down if necessary to remind yourself. Nobody cares more about your vision as much as you do, so do yourself a favour.

When going out, do not say "I cannot afford this or that" but replace it with positive statements like "This coat looks good on me" (which implies an ownership). Do not say things like "I will have this next week/month" (this future ownership implies you have yet to possess it, it is forthcoming) - This is not acceptable. It is telling your mind that it is coming , on its way but not yet in your possession.

Read Mark 11.23-25 . Say things in the present tense. So no more "I will receive, I will buy .. I will own ... I will have ....I will go .... and replace it with "I receive , I buy , I own, I have..

Saying these positive words is only half the equation. The other part is the BELIEVING. It is the same as trading. You place a trade and immediately you regretted your decision as you are not convinced. So , you end up checking the trade every 5-10 mins, constantly adjusting the stop loss and afraid of how the results turn out. Your fear will play out exactly as your mind wanted, a loss which gives you a moment of relief.

Mixed your words with emotions. Repeat this as often as needed until it becomes a habit. In between, negative thoughts will seep in to corrupt you, to trick you that you are too idealistic, too unrealistic, etc to fool you into not believing what you wanted. Ignore this negativity and continue to hold on to your positive thoughts and filled it with conviction.

For me , I use exercise to help me as I am a kinaesthetic person. Spend time understanding your operating style, some are visual, others are auditory or kinaesthetic.

Claim it boldly and believe in your words and see the harvest happening in front of you..
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