Comments on: Consciousness and Intuition http://www.triffx.com/trading_psychology/consciousness-and-intuition/ Developing Terrific People into Terrific Traders Mon, 07 Mar 2011 19:50:33 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Triffany Hammond http://www.triffx.com/trading_psychology/consciousness-and-intuition/comment-page-1/#comment-1238 Triffany Hammond Mon, 12 Jul 2010 22:01:19 +0000 http://www.triffx.com/?p=1941#comment-1238 Be sure to check out http://www.triffx.com/trade-alert-service/thread-for-thursdayfriday-traders-july-89-2010/ for more fascinating conversation on the topic. A fantastic conversation was started amidst some trading ideas. Be sure to check out
http://www.triffx.com/trade-alert-service/thread-for-thursdayfriday-traders-july-89-2010/
for more fascinating conversation on the topic. A fantastic conversation was started amidst some trading ideas.

]]> By: Triffany Hammond http://www.triffx.com/trading_psychology/consciousness-and-intuition/comment-page-1/#comment-1197 Triffany Hammond Tue, 06 Jul 2010 15:05:06 +0000 http://www.triffx.com/?p=1941#comment-1197 I couldn't agree with Kroppel's 'successful trading begins and ends with self-awareness' assessment. It is why I structure the TDC the way I do (it is very heavily weighted toward personal development). Everyone seems to kind of agree w/ the idea and smile and nod when you say it, but rarely is it really talked about in-depth. Great resources you mentioned here, too. Thanks! I can't wait to look into them more. It looks like they will make for some good conversation later! I couldn’t agree with Kroppel’s ‘successful trading begins and ends with self-awareness’ assessment. It is why I structure the TDC the way I do (it is very heavily weighted toward personal development). Everyone seems to kind of agree w/ the idea and smile and nod when you say it, but rarely is it really talked about in-depth.

Great resources you mentioned here, too. Thanks! I can’t wait to look into them more. It looks like they will make for some good conversation later!

]]> By: yaqui http://www.triffx.com/trading_psychology/consciousness-and-intuition/comment-page-1/#comment-1195 yaqui Tue, 06 Jul 2010 14:46:34 +0000 http://www.triffx.com/?p=1941#comment-1195 ;) LOL, I can relate to this, the ebb and flow of life, and I certainly give myself permission to - "...it has been several hours since I’ve been truly conscious in my choices". This is a really fascinating subject, not just in relation to trading but also high level sports, music, even acting. I'm reading Koppel's book "The Intuitive Trader" at the moment and he notes the interplay between the left hemisphere (analytical, logical, objective) and the right hemisphere (creative, intuitive, subjective), and the importance of combining both aspects in trading - the practical with the artistic, intellectual with intuitive. I can imagine it being almost zen-like for advanced traders (athletes, musicians...), and I totally agree when he says that 'successful trading begins and ends with self-awareness'. So what about the average trader or novice - is this level of trading intuition attainable? Yes. But only for those willing to do the work. Is it necessary, to become a successful trader? I guess it depends on how you define successful, so I'll leave it up to you. ;) For me, it's definitely something to aspire to. Additionally, there's some great trading articles floating around that have been adapted from Abraham Maslow's "conscious competence" or <a href="http://en.wikipedia.org/wiki/Four_stages_of_competence" rel="nofollow">4 Stages of Learning</a> model. It's a very useful model, not just for trading and I liken the 4th stage, Unconscious Competence to Trading Intution. These were a real AH-HA moment of clarity for me, and I still get a kick out of reading them now - highly recommended for all traders!!! Note that some of them put a "time-line" and "making money" on each of the steps but thats totally subjective in my honest opinion. Here's a few that I quickly googled: - great overview: http://www.businessballs.com/consciouscompetencelearningmodel.htm - http://www.marketmasters.com.au/37.0.html - this 1 has a 5-stage model which is new to me and recommended too: http://www.perthturftalk.com/forum/viewtopic.php?t=7820 ;) LOL, I can relate to this, the ebb and flow of life, and I certainly give myself permission to – “…it has been several hours since I’ve been truly conscious in my choices”.

This is a really fascinating subject, not just in relation to trading but also high level sports, music, even acting. I’m reading Koppel’s book “The Intuitive Trader” at the moment and he notes the interplay between the left hemisphere (analytical, logical, objective) and the right hemisphere (creative, intuitive, subjective), and the importance of combining both aspects in trading – the practical with the artistic, intellectual with intuitive. I can imagine it being almost zen-like for advanced traders (athletes, musicians…), and I totally agree when he says that ‘successful trading begins and ends with self-awareness’.

So what about the average trader or novice – is this level of trading intuition attainable? Yes. But only for those willing to do the work. Is it necessary, to become a successful trader? I guess it depends on how you define successful, so I’ll leave it up to you. ;) For me, it’s definitely something to aspire to.

Additionally, there’s some great trading articles floating around that have been adapted from Abraham Maslow’s “conscious competence” or 4 Stages of Learning model. It’s a very useful model, not just for trading and I liken the 4th stage, Unconscious Competence to Trading Intution.

These were a real AH-HA moment of clarity for me, and I still get a kick out of reading them now – highly recommended for all traders!!! Note that some of them put a “time-line” and “making money” on each of the steps but thats totally subjective in my honest opinion.

Here’s a few that I quickly googled:
- great overview: http://www.businessballs.com/consciouscompetencelearningmodel.htm
- http://www.marketmasters.com.au/37.0.html
- this 1 has a 5-stage model which is new to me and recommended too: http://www.perthturftalk.com/forum/viewtopic.php?t=7820

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