Trading in the Moment
I’m a big believer in being in the moment. As I noted in a previous posting, I became very aware of being in the moment as a musician. One of my first trading ‘aha’ moments was realizing that the very thing I loved about performing served me equally as well as a trader.
Depending on what type of trading you do, these moments are going to come in different ways. As a day trader, it’s very easy to make the analogy to a musician. But I’ve spoken to clients that are painters and sculptures and their work isn’t less in the moment even though the end product may take weeks to accomplish. The bottom line is that we all could take some time to understand what is happening in the here and now, and not think about what has occurred of what might yet be.
So I was delighted to find this article by Melanie Greenberg, PhD, on the Nine Essential Qualities of Mindfulness. Her first two qualities are focus on the present moment and being fully present.
As a trader, the more I’m aware of what is going on with me right now, the better I’ll trade. By focusing on the moment and being present we stand to have a better and more fulfilling trading experience.