High Heeled Traders

Ready or Not?

July 7, 2011

Last night, my nearly 5-yr old son told me  “You are angry, you have to say sorry to me”.

Hugggsss - photo by AJ Mallari

Wow, I marvelled, about several things at the same time.  One was that he can say that to me now?!   (God help me, what else is coming?  hahaha)… and  proud that he is emotionally sensitive and at the same time able to get over my “anger” and calmly state his request that I have to say sorry to him.  (In my defense (LOL), I’ve repeatedly, calmly, asked them to wash their hands for dinner and nobody moved.  I had to give them a  “lecture” 🙂 ).    So we said our “sorrys” and hugged.

This could just be the indicator that I am not ready to trade.   Being angry or not having a relaxed attitude is definitely not being in “Zero state” that is needed for trading.    There is a strong urge, for sure, for me to trade.  And on the other hand, there is something holding me back.  Now listen, this is one  of those subtle things you have to ask yourself before trading.   You ask yourself, am I ready or not?   Dr. Van  Tharp, explores this in detail in his brilliant workshop “Peak Performance 101” and I recommend this to all traders.  It just opened my eyes so wide to what I am missing.

Anyway, let me break down my readiness:

1. Trading – I’ve been scanning the market news and the wild swings of the market is settling down.  We’ve also reached the end of a quarter, so reports will be coming in, showing how we’ve done, and we probably did better than the last quarter. I’ve so far been attuned with the market so,  positively ready in this aspect

2. Lifestyle — this week we are getting back to normal / quiet routine, past weeks I’ve been so busy looking after the children by myself.   My daughter is also on school holiday so “easy breezy” at the moment.  Positive to preparation in this aspect.

3. Work — hmmm, this is probably the area which got busier than usual.  I have to learn a new system to support.  Not good for  readiness.

4. Writing – my editor just sent back the manuscript and while I haven’t done much to review, I think I’m frustrated with the problems I encountered with the versions of word processor (too pampered – what if  we are still in the typewriter era? LOL)

5. Physical – I’ve been going past my usual bedtime, had been catching up with my sisters and family overseas,  and still needing to probably catch up with sleep and get well-rested.  

So I’d better address those areas that affect my readiness,  better condition for trading hopefully next week.

Note to self :  No need to load up on chocolate for energy.  Ok just a little bit for sanity.

Love Chocolate -by Binky’s Cakes

 

Binky’s Cakes is based in Manila. Contact  here

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