Creating tiny habits to learn new skills: September 2023

Thursday, September 28, 2023

Three Tiny Steps

Fogg’s research has taught him that human behavior is systematic. Each of our actions and decisions is fueled by three components—motivation, ability and triggers. Our behavior, particularly our habits, comes from an underlying motivation, the ability to complete the particular action and a stimulus that provokes the action.

For example, your morning alarm blares and you immediately turn it off and get out of bed—or you do after a couple rounds of hitting the snooze button. Getting up to start the day is your motivation, locating your alarm clock within arm’s reach creates your ability to fulfill it, and the loud, incessant beeps are the triggers, reminders to your instincts that the next action is to turn off the alarm.

The road to any desired behavior—say, increasing productivity on the weekends, making more sales calls or eating healthier—can be jump-started with three baby steps:

· Start Small

“Pick a small step toward your goal—a step so tiny, you’ll think it’s ridiculous,” Fogg says. Because it’s radically easy, you’re more likely to actually complete the behavior, regardless of how much or how little motivation you feel.

· Find an Anchor

Choose an existing routine in your life to act as a trigger for your new behavior. Parking your car, brushing your teeth or taking a shower are all routines that can act as great anchors to trigger a new habit. “Whether you realize it or not, you have all sorts of routines,” Fogg says. “I call these anchors that you can connect to your tiny behavior. The key is to pick which routine is the right trigger for your small, simple behavior.” The blueprint for your new behavior should complete the following sentence: After I (routine), I will (tiny behavior).
Let’s say you want to be more active. Begin small. For example when the phone rings try doing some exercise while on the phone, walk while you talk or do some squats, perhaps even some kettlebell exercises. Or after going to the bathroom do a set of pushups then immediately wash your hands. It’s important to note that if you try to start a habit and it hurts, you’re making it too hard. It has to be something that’s not a big deal, where you just think, oh, it’s just two curls with the kettlebells. And after it’s over, be happy that you did it when you had planned to do it.

· Celebrate Immediately

In building a habit, it helps to reward yourself in positive ways that are as small as your tiny behaviors themselves—give yourself a thumbs-up, a smile in the mirror, or tell yourself good job! “Notice how often athletes celebrate and when they do it—immediately,” Fogg says. Not only do small celebrations reinforce desired behavior, but they design for what Fogg calls “tiny thrills.” “Our brains are very bad at distinguishing between I did this huge thing and I’m feeling awesome about it and I did this tiny thing and I’m still feeling awesome about it,” Fogg says. “Somehow in our heads we exaggerate, which is a good thing. That’s part of the hack—building success momentum, allowing you to feel successful, allowing that success to be larger than it rationally should be, then growing and leveraging that attitude into bigger things.”

Attracting abundance is a matter of repetition. While watching this interview with Bob Proctor, I was reminded once again about one of the simplest rules when it comes toattracting abundance.

Repetition is the Key to attracting abundance

It’s so simple, yet it is also very easily forgotten.

In his classic book The Science of Getting Rich, Wallace Wattles teaches the practice of creative visualization.

In a nutshell, Wattles says that in order to attract abundance and wealth into your life, you must discipline your mind. You must learn how to place all of your attention on where you are going and the abundance you have already coming to you, rather than placing your focus and attention on where you are. Wattles teaches the use of visualization so that you literally see yourself experiencing that which you desire — and taking the time to engage all of your senses in the process.

To paraphrase Wallace Wattles, disciplined thought is the most difficult labor a man will ever undertake — and it is only through ongoing repetition and practice that abundant thought patterns can ever be established.

Repetition of the right thoughts leads to Abundant Thinking

One of the points that Bob Proctor makes so emphatically in the video is that repetition is essential.

Attracting abundance is about raising your vibration of thought … so that it is in tune with what it is your actually desire. This is impossible to accomplish if you are dwelling on the way things are, yet it requires tremendous discipline of thought to keep your focus on anything other than the way things are.

The tools available for you to use to develop abundant thinking — positive affirmations, vision boards, mind movies, motivational books, and the like — only ever work if you keep on applying them. They only work with repetition.

That’s why attracting abundance is a matter of repetition. In fact, isn’t that true for anything you want to learn in life? Whether it be a subject in school, a sport, dancing, singing, or anything else … the only way to become accomplished at it is through practice and repetition.

Yet, when it comes to attracting abundance, wealth and prosperity into their lives, most people seem to tend to forget the repetition part. Very curious, wouldn’t you say?

All you have to do to begin attracting the life you want, is to remember to practice placing your thought on it.

There are two ways to change or transform. One is through an emotional impact that jolts us into change and the other is through constant spaced repetition. Think of how you learned the language(s) that you speak. You learned through constant repetition and repetition is the key to success.

When it comes to really changing our results and changing the old paradigms that are holding us back, repetition is what Bob Proctor says is the first law of learning.

The other aspect is that even though we listen to the same program or read the same book again, we ourselves are different the next time we look or listen. We are constantly changing and our awareness is different. As our level of awareness increases, we will read something that we never quite understood before but now it has meaning for us.

If we apply this in our lives right now, we would create the image of the way we want our life to be and then visualize ourselves living that life. Through recording and listening to it repeatedly and writing it for 90 days, the visualization would come alive. Adding music, affirmations and images would boost our emotional involvement. Then you could see how repetition will begin to change your paradigms by changing your behavior and your results.

Dare to Dream!

- See more at: http://potentials-within.com/2012/06/12/repetition-the-key-to-success/#sthash.UqXXfKtS.dpuf

Repetition and programming the subconscious mind

By M.Farouk Radwan, MSc.

subconscious mind

Repetition and the subconscious mind:

One of the rules the subconscious mind follows is that the beliefs it holds grow stronger by repetition.

Repetition can take various forms such as reading the belief, listening to it or visualizing it. Suppose that you bought a new shirt then a friend of yours told you that it looks good. What will happen if Later on another friend told you the same thing? The belief that the shirt is nice will grow stronger (unless something inside you resists it).

Another form of repetition is advising your friends:

Don’t be surprised, one of the strongest forms of repetition is advising your friends. Take religion for example, when you advise your friends to pray then you are actually advising yourself too as a result of hearing yourself repeating those beliefs!! The subconscious mind does not know the difference between someone repeating the idea or you repeating it.

So by advising a friend you are actually reinforcing the belief or the idea in your mind. This concept goes for emotions too. If you're trying to motivate someone, then you are actually motivating yourself too without noticing. The only case where this can't be properly applied is when you are not sure of your own beliefs.

Repetition and making someone love you

Repetition can result in making someone fall in love with you!! In my book How to make someone fall in love with you i explained how people only fall in love with potential partners they come in contact with often.

That's why people usually have problems with long distance relationships. When people see each other more often they become more programmed to like each other and they become more attached to each other.

final words

That’s why many religions consider rereading their Holy Book a good deed. All the ideas in the Holy Book will be reinforced in your mind more and more as you keep reading.

If you want to strengthen an idea or a belief, repeat it more and more; talk about it to everybody, the more you talk about it, the stronger you will believe in it.

2knowmysef is not a complicated medical website nor is it a boring online encyclopedia; it’s a place of simple, to the point and effective information that is presented in a simple and obvious way. If you think that this is some kind of marketing hype then see what other visitors say about 2knowmyself.
The book How to make someone fall in love with you is one of the 2knowmyself.com publications; the book is to dramatically increase your chances of having someone fall in love with you.

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Wednesday, September 27, 2023

Risk Management

Under the section My Most Important Market Belief, Larry writes.

“I have developed a powerful and profitable belief system: I believe the current trade I am in will be a loser . a big loser at that. This continues to be my most important market mantra. Winners we can handle, it’s the losses that kill you.”

This reminds him to stick with his stop-losses, not be complacent, and keep money management at the forefront of his mind.

He says.

“Loss control is still what separates winners from losers. In trading it takes only one trade that gets away from you to wipe out your bank account. Just one.”

You never know when the markets will do what you think they are supposed to do. Many times, like God, the market does not deny, it just delays. Serious traders weave protection against this delay into the fabric of their program. There is no greater rule to learn than that of money management. All the horror stories you have heard about commodity trading are true. Good people have been totally wiped out by doing the wrong thing. That wrong thing has never been the market, nor the fact the trader made a bad call. Indeed, every successful trader will have bad calls, losing trades. And lots of them

The wipeouts you have heard about, every single one of them, have come from placing too large a bet on a trade or holding on to a losing position too long. The sooner you learn to master your defeats, the sooner you will be on your way to amass the wealth possible in this business. It is your failures, not your successes that kill you in this business. Failures do not build character, they destroy your bank account. The foundation to all your success is in the preceding paragraph. Psychics may or may not be able to predict the market, value may or may not prevail. The world of speculation is about predicting the future and that is difficult at best. The fabled United States military complex, which had supposedly bankrolled the brightest of the bright, and thousands of intelligence officers, was not able to predict the fall of the Berlin wall' So how can you and I hope to do better? Our inability to see the future very well is proven yearly by such august sports magazines as Sports Illustrated. In 1997, their oracles predicted Penn State would be the number one football team, ranking Michigan number 18. By the end of the season, Michigan was number one and Penn State floundering. Washington was supposed to be number three, but was beaten by lowly Washington State, a team not mentioned in any top 20 list, that went on to win the Pac 10 championship and almost upset Michigan in the Rose Bowl'

People who make their living looking into crystal balls are destined to eat a lot of broken glass. But take heart: although neither you nor I can divine the future, especially price action, we can learn to control our losses. That is a certainty, based on math, that will provide the building blocks for your successes. Each and every one of them. For years, I chased the prophets of profit, those financial soothsayers who claimed they, or their indicators, could reveal the future. Eventually, I realized that God does not want us to see the future. It is as simple as that. If we could see "out there," we could all be millionaires many times over. We would bet the ponies, spin the roulette wheel, and roll dice, except of course, no casino would back the other side of an unwinnable wager. Besides, how thoroughly boring life would become if we could know today how every day of our future would be. Who would want to live that way-- Where's the joy of discovery, the magic of the unknown, the thrill of victory, the challenge of overcoming limitations? If we were all be rich from our powers of foresight, who would work for us, grow wheat, raise cattle? There would be no phone company, no movies, and no television, as no one would need to work. Worse yet, who would hire us?

Like I said, God with infinite wisdom, does not want us to know much about the future and for sure very little about the future of futures.

Would-be speculators think this is a game of knowing the future, of knowing that which cannot be known. It is not. This is a game of developing strategies with winning advantages, getting the odds on your side, working those odds, and staying alert to any potential changes in the game including new players or new ideas and concepts. The word speculate comes from the Latin specular, meaning "to observe," as in spectacle (your glasses). We are not like gamblers, who enter a game they cannot win over time. All they can do is hope chance will run their way, not that of the house. We speculators observe how things should happen in the future, but because we know there are no guarantees, we protect our position with appropriate preservation of capital techniques, so we can win at our game. The art of speculation requires one part observation tossed together with one rather large dose of preservation. My Most Important Market Belief Based on my research and experience, I have developed a powerful and profitable belief system: I believe the current trade I am in will be a loser ... a big loser at that.

This may sound pretty negative to all you positive thinkers, but positive thinking can give way to thinking you will win-a surefire formula for buying and selling too many contracts and holding on too long. After all, if you are positive things will work out, you are certain to hold for a bounce or turn that never comes. I look at it this way, if you get all pumped up and glossed over with positive beliefs about your market success, your conviction will lead you to mismanage losing trades. That is why belief systems are so important to a trader. If your belief system tells you the current trade will be a winner-and it isn't-the need to confirm that belief in your mind will literally force you to let losses run, to stay with losers, something no successful trader ever does. An outrageously positive belief that the next trade or two will turn your account around or make a small fortune for you is most dangerous. Now let's look at my belief that the current trade I am in will be a loser, that I have no pact with God for success on this trade. Indeed, I genuinely believe the market is not precisely perfect. Keep in mind the data for this belief overwhelmingly supports it; 75 percent of mutual fund managers do not outperform the Dow, 80 percent of short-term traders lose their risk capital. On a personal note, many of my own trades do not make money, and I can positively guarantee many of yours will not succeed.

No major loss I have ever had, and I have had more than my fair share of them, has been the market's "fault." "They" were never out to get me. I got myself by believing my current trade would be a winner so I did not follow the rules of the game. I agree with those who say you are only as powerful as your belief system because that belief will give you the power of taking an action with more certainty and less hesitation. We act out what we believe: those mental beliefs are the scriptwriters for our play of life. Adopt my belief that the current trade will most likely not work out and you sure as heck will protect yourself with stops. You will control disasters, taking the first lifeboat possible instead of going down with a sinking ship. Adopt my belief that the current trade will most likely not work out and you sure as heck will not load up on a trade, banking on it to ball out all your problems. A tiny loss can wipe you out when you have taken a very large position or number of shares or contracts. Positive beliefs about future results cause us to take on undue risk. Doing that in a game where the odds are unfavorable to begin with is a sure invitation to disaster

Part 1: Successful Futures Trading Means Taking Losses In Your Stride

If you are to be successful at your futures trading endeavors you must be willing to take small losses

No one likes to lose. But losing is a fact of life for those involved in futures trading; they key is to limit your losses and maximize your successes. Losing money in futures trading is not a failure. It isn’t a reflection of you or of your overall judgment. (If it was possible to be right every time, we’d all be rich.)

The only way losing money when futures trading is really a failure is if you aren’t willing to take the loss, without hesitation, and move on to find winning trades. By accepting that they’ve made a loss while futures trading, and getting out of the position, successful traders focus on making money – not on being right all the time.

Many involved in futures trading feel they don’t want to “lose” money on any trade, and they stay in losing positions in the hopes that it will recover to at least the break-even point. There are three problems with this approach:

The position may never recover to the break-even point.
Holding on to a losing position ties up capital that could be placed into winning trades.
Holding on to a losing position is an example of unfocused futures trading and a lack of discipline.

If you are to be successful at your futures trading endeavors you must be willing to take small losses. If you aren’t willing to take small losses, or don’t have the discipline to take small losses, don’t get involved in futures trading.

You must Stay Focused During Rapid Swings to be successful in Futures Trading
Most of us were raised to think that it takes years of hard work in futures trading to acquire wealth. That viewpoint doesn’t apply to futures trading in the markets; you can make thousands of dollars in minutes under the right circumstances.

To be successful in futures trading, you must understand that money can be made or lost extremely quickly, and then stay calm and rational. Why is that attitude important? Let’s say you’ve made several thousand dollars over the course of an hour of futures trading. You’re thrilled and excited, and you may lose your composure and start making irrational trades. You may stay in the position longer than you should, for one of two reasons:

You think the market will keep going up, and you don’t want to limit your gains.
The market falls, and you don’t want to give up all the gains you’ve made, so you hold on in hopes your position will rally.

If you accept and understand that huge amounts of money can be made in a short period of time, you are less likely to become undisciplined in your futures trading. Those that are successful in futures trading take their gains in stride, no matter how large. They quickly move to protect their positions by setting stops, or covering a percentage of a short position. To be successful in futures trading you must stay rational and disciplined in the face of rapid gains or losses and understand the nature of futures trading.

Expectation of Trade Loss

Many others have influenced my trading, but my approach to risk could be best attributed to Larry Williams and Mike Reed.

I expect every trade to be a losing trade and so will close it out if it can't prove otherwise.

Expecting to win is a great way to lose, in my opinion. It leads you to overlook analysis that should raise doubt about a trade's potential. It leads you to hold onto losing trades longer than they should be held.

Expecting to lose does not mean quickly scratching a trade as soon as it's entered. I hold the trade. I give it every chance to prove itself. But I know exactly how it should be moving if it is going to prove itself a winner, and if it's not doing that, then I'm outa there!

Some trades will be given several price bars. Others will not be trusted at all. As BM noted in his email, in those cases where I appear to have made the decision to scratch almost immediately after entry, it's because my analysis said that if this trade was going to work then it should work immediately. If it doesn't move, I'm outa there! And I'm re-assessing based upon this new information, and looking for the next available opportunity.

The end result of a pre-acceptance of risk and an expectation of loss, is the ability to ensure that my account is never shocked by large outsized losses. And in fact many times a normal loss will be scratched prior to the full stop price, for reduced loss.

Risk is contained... and a risk-aware but confident mindset is preserved... allowing me to continue to focus on the process of good trading.

That's why you should NEVER see a large loss in my trading account, or the YTC newsletter.

repeat for hours

I believe the current trade I am in will be a loser and a big loser at that.

Your trading success starts the day you realize losing is normal

I will repeat everytime i log on to my metatrader 4, metatrader 5, tdameritrade and tradingview accounts

Daily repetition is the secret to living a good life. It's not rocket science, it is so simple you could reject it, it is so simple you could not pay attention to it.

I will do the daily repetition of repeating those two above sentences multiple times a day.

Hopefully that will lead to not blowing my accounts anymore and hopefully i will have some wins that will grow my account. We're are in march 2022. hopefully by january 2023 those two sentences will be buried deep in my subconscious through constant repetition and i will be a successful trader. something i've wanted since 2008 but i didn't know the value of repetition so i didn't repeat larry williams belief and it didn't become my belief

Larry Williams Continued.....

Would be speculators think trading is a game of ‘knowing’ the future, which cannot be known. Trading is a game of developing strategies with winning advantages, getting the odds on your side, working with the odds, and being alert to new ideas and concepts.

The word ‘speculate’ is derived from the Latin word specular, meaning ‘to observe’. We are not gamblers who enter a game which they cannot win over a long time. All they can do is – to hope that chance will run their way. My most important market belief, which based on my research and experience, I have developed a powerful and profitable belief system :

I believe the current trade that I am in will be a loser, a big loser at that. This may sound negative to positive thinkers, but positive thinking can give way to thinking you will win-a-surefire formula for buying and selling too many contracts and holding them for too long. After all, if you are positive things will work out, you are certain to hold for a bounce that never comes. I look at it this way, if you get all pumped up and all glossed over with positive beliefs about your market success, your conviction will lead you to mismanaging your trades. That is why belief systems are so important to a trader. If your belief system tells you the current trade is a winner, your mind will literally force you to let your losses run, to stay with the losers, something that no winning trader ever does. An outrageously positive belief that the next trade or two will turn your account around or make you a small fortune is the most dangerous. Now, if you start with the belief that the current trade is a loser, and there is no guaranteed success on this trade, you will be certain to cut your losses when the trade does not work in

No major loss I’ve ever had, (and I have had a fair share of them) has been the market’s fault. The market was never out to get me. I got myself by believing my current trade would be a winner, so I did not follow the stop loss.

You are only powerful as your belief system, because that belief will give you the power of taking action with more certainty and less hesitation. We act out what we believe. Our mental beliefs are the scriptwriters for our play of life and in trading.

If you adopt my belief that the current trade will not most likely work out, and you will be sure to protect yourself and your capital with stop loss. You will control disaster by taking the first lifeboat rather than going down with a sinking ship.

Adopt my belief, and you will be sure to not load up on a trade, banking on it, to take you out of your problem. A tiny loss can wipe you out if you have taken up a large position.

Positive or certain beliefs about the future can cause you to take undue risk. Doing that in trading, where the odds of success are not in your favor is a sure invitation to disaster.