Imagine being logical, focused, and cool under pressure.
Last week The European published an article where I interviewed Chris Beauchamp, the Chief Market Analyst at IG Group, about trading psychology and the strategies he uses to stay steady and make smarter, emotion-free decisions. But the fast-paced nature of the markets can create intense pressure, and learning to deal with strong emotions isn’t always easy. I hope you find this article to be valuable and helpful!
For millennia, practitioners of Eastern religions such as Hinduism, Buddhism, and Taoism have recognised the importance of the “flow state” and the discipline of overcoming ego as a central feature of spiritual development.
At a different level flow is one of the main reasons that people play video games. The primary goal of games is to create entertainment through intrinsic motivation, which is related to flow. Which means that without intrinsic motivation it is virtually impossible to establish flow.
Developers of computer software reference getting into a flow state as being “wired in”. Stock market operators often use the term “in the pipe” to describe the psychological state of flow when trading during high volume days and market corrections.
Professional poker players use the term “playing the A-game” when referring to the state of highest concentration and strategical awareness. When I catch up with my poker clients after a tournament my first question is usually, “How is your game?” The reply is often “to be honest I played my B-game today.” So the rest of the conversation is governed by identifying what it will take to move to their A-game.
Conditions of flow play an extremely important role in the workplace. Providing flow conditions at work are likely to provide increasing workplace satisfaction and accomplishment, thereby boosting corporate profits. This is a win-win situation for all parties.
Taking the right action is the key to cultivating a life of harmony, compassion and success. Taking the right action encourages actions that align with ethical principles promoting Harmony and well-being for ourselves and others. It involves directing our minds away from things like greed, hatred, delusion, and fostering instead kindness compassion and understanding. The following video I made for you explains the ripple effect of your actions and a guided meditation to help you point in the right direction.
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See you there,
Doc Steve
Dr. Stephen Simpson
MB ChB MFOM MBA | Medical Specialist | Elite Performance Coach
