Go Back   BabyPips.com Forex Forum > Off Topic Central > The Melting Pot


The Melting Pot (Note: forum rules do apply and any threads/posts deemed by moderators as spam or promotion of services, products, or websites will be deleted!)

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 10-20-2009, 02:43 PM
Senior Member
 

Join Date: Jun 2009
Posts: 153
Smile Trading in the Zone

I don't hear much about this, that of being "In the Zone". I recently was in the zone in forex. Everything was right, i was locked into forex and everything else was locked out.

This is not a brag thing, i was wondering how often it happens to forex traders?

I've been in the zone in cards and sports, but this was the first time i was in it in forex. So i am able to recognize it.

Just wondering.
Reply With Quote
  #2 (permalink)  
Old 10-21-2009, 07:26 AM
Clint's Avatar
Superior Master Contributor and Member
 

Join Date: Mar 2009
Posts: 727
Default

What Mark Douglas described in his book, Trading in the Zone, is quite rare. In fact, many traders who have never experienced this phenomenon deny that it even exists.

Here's an excerpt from the book. If this is what you experienced, congratulations!


"If you've ever had the occasion to experience the zone in some sport, then you know it is a state of mind in which there is absolutely no fear and you act and react instinctively. You don't weigh alternatives or consider consequences or second-guess yourself. You are in the moment and "just doing it." Whatever you do turns out to be exactly what needed to be done.

"Most athletes never reach this level of play, because they never get past the fear of making a mistake. Athletes who reach the point where there is absolutely no fear of the consequences of screwing up will usually, and quite spontaneously, enter into "the zone." By the way, a psychological zone is not a condition you can will yourself into, the way you can will yourself into a feat of endurance. It is a state of mind you find yourself in that is inherently creative, and usually if you start thinking about your actions at a rational or conscious level, you pop right out of it.

"Even though you cannot force or will yourself into a zone, you can set up the kind of mental conditions that are most conducive to experiencing "the zone," by developing a positive winning attitude. I define a positive winning attitude as expecting a positive result from your efforts, with an acceptance that whatever results you get are a perfect reflection of your level of development and what you need to learn to do better. That's what the great athletes have: a winning attitude that allows them to easily move beyond their mistakes and keep going."


Mark Douglas, Trading in the Zone
Reply With Quote
  #3 (permalink)  
Old 10-21-2009, 09:04 AM
o990l6mh's Avatar
FX-Men Honorary Member
 

Join Date: Aug 2008
Location: Southern Sweden
Posts: 1,255
Send a message via MSN to o990l6mh Send a message via Skype™ to o990l6mh
Default

Quote:
Originally Posted by Clint View Post
What Mark Douglas described in his book, Trading in the Zone, is quite rare. In fact, many traders who have never experienced this phenomenon deny that it even exists.

Here's an excerpt from the book. If this is what you experienced, congratulations!


"If you've ever had the occasion to experience the zone in some sport, then you know it is a state of mind in which there is absolutely no fear and you act and react instinctively. You don't weigh alternatives or consider consequences or second-guess yourself. You are in the moment and "just doing it." Whatever you do turns out to be exactly what needed to be done.

"Most athletes never reach this level of play, because they never get past the fear of making a mistake. Athletes who reach the point where there is absolutely no fear of the consequences of screwing up will usually, and quite spontaneously, enter into "the zone." By the way, a psychological zone is not a condition you can will yourself into, the way you can will yourself into a feat of endurance. It is a state of mind you find yourself in that is inherently creative, and usually if you start thinking about your actions at a rational or conscious level, you pop right out of it.

"Even though you cannot force or will yourself into a zone, you can set up the kind of mental conditions that are most conducive to experiencing "the zone," by developing a positive winning attitude. I define a positive winning attitude as expecting a positive result from your efforts, with an acceptance that whatever results you get are a perfect reflection of your level of development and what you need to learn to do better. That's what the great athletes have: a winning attitude that allows them to easily move beyond their mistakes and keep going."


Mark Douglas, Trading in the Zone
That zone definitely exists - I've been there, though not in forex - and I need to get myself together and read that book. It's been postponed for to long.
Reply With Quote
  #4 (permalink)  
Old 10-21-2009, 02:43 PM
Senior Member
 

Join Date: Jun 2009
Posts: 153
Default

Quote:
Originally Posted by o990l6mh View Post
That zone definitely exists - I've been there, though not in forex - and I need to get myself together and read that book. It's been postponed for to long.
MacGyver, i did not finish the book. I got through about 5 pages, and heard what my mother would have said, "That's a load of hog wash".

I just know ME, that's all, this is key. I can concentrate wholly on one thing alone, call it an obsession if you will. If i do more than one thing, then i tend to dabble, and nothing comes of it.

Preceeding the zone, for me, i am totally immersed with whatever i am doing, both physically and mentally. Saturated to the core, through and through with no distractions whatsoever. Nothing else matters to me, nothing, then i am able to get into the zone. Then i am able to, "Be in the moment".

I take issue with what was said by Mark Douglas about "developing a positive winning attitude" as i believe it is more of an "unconquerable attitude" that is attained in the zone.

Of course, i get into trouble trying to strive in the zone because everything else stands still, like relationships. That said, with my wife, "When she makes up my mind, she let's me know!".

I have been in adrenaline rushes before too and they are also very cool. I like the part where everything slows down to a crawl, like slow motion.

Cas has peaked my curiosity with "Zen Meditation". I had this thought that it might help me to get myself out of the way to enter the zone more readily.
Reply With Quote
  #5 (permalink)  
Old 10-21-2009, 03:57 PM
Senior Member
 

Join Date: Jun 2009
Posts: 153
Default

Quote:
Originally Posted by Clint View Post
If this is what you experienced, congratulations!

Thanks Clint, i'm scatter brained right now, am in the process of moving.

To me it's a normal occurrence, it's not really a big thing. It's just the effort to get there, and what i must give up to attain it.

Everybody is different and whatever they must do, then they must do, if they want to attain it.

I just know me, that's all.

Last edited by rtv2; 10-21-2009 at 04:00 PM. Reason: edit quote
Reply With Quote
  #6 (permalink)  
Old 10-21-2009, 05:33 PM
o990l6mh's Avatar
FX-Men Honorary Member
 

Join Date: Aug 2008
Location: Southern Sweden
Posts: 1,255
Send a message via MSN to o990l6mh Send a message via Skype™ to o990l6mh
Default

Quote:
Originally Posted by rtv2 View Post
MacGyver, i did not finish the book. I got through about 5 pages, and heard what my mother would have said, "That's a load of hog wash".

I just know ME, that's all, this is key. I can concentrate wholly on one thing alone, call it an obsession if you will. If i do more than one thing, then i tend to dabble, and nothing comes of it.

Preceeding the zone, for me, i am totally immersed with whatever i am doing, both physically and mentally. Saturated to the core, through and through with no distractions whatsoever. Nothing else matters to me, nothing, then i am able to get into the zone. Then i am able to, "Be in the moment".

I take issue with what was said by Mark Douglas about "developing a positive winning attitude" as i believe it is more of an "unconquerable attitude" that is attained in the zone.

Of course, i get into trouble trying to strive in the zone because everything else stands still, like relationships. That said, with my wife, "When she makes up my mind, she let's me know!".

I have been in adrenaline rushes before too and they are also very cool. I like the part where everything slows down to a crawl, like slow motion.

Cas has peaked my curiosity with "Zen Meditation". I had this thought that it might help me to get myself out of the way to enter the zone more readily.
There's just one way for me to find out if Mark Douglas is for me or not.

I agree with you that when in the zone you're essentially untouchable mentally. Every decision made turns out to be right. It's like a trance.

Maybe Mark Douglas has never been in the real zone...

I'll find out when I get to reading some day.
Reply With Quote
  #7 (permalink)  
Old 10-21-2009, 07:41 PM
Senior Member
 

Join Date: Jun 2009
Posts: 153
Default

Quote:
Originally Posted by o990l6mh View Post
There's just one way for me to find out if Mark Douglas is for me or not.

I agree with you that when in the zone you're essentially untouchable mentally. Every decision made turns out to be right. It's like a trance.

Maybe Mark Douglas has never been in the real zone...

I'll find out when I get to reading some day.
MacGyver, please let me know what you think when you read the book.

If Mark Douglas has not been in the zone, then i do not believe he realizes the magnitude of the boundaries that have been set, both literal and figurative in the lives of those who live it.
Reply With Quote
  #8 (permalink)  
Old 10-22-2009, 03:04 PM
o990l6mh's Avatar
FX-Men Honorary Member
 

Join Date: Aug 2008
Location: Southern Sweden
Posts: 1,255
Send a message via MSN to o990l6mh Send a message via Skype™ to o990l6mh
Default

Quote:
Originally Posted by rtv2 View Post
MacGyver, please let me know what you think when you read the book.

If Mark Douglas has not been in the zone, then i do not believe he realizes the magnitude of the boundaries that have been set, both literal and figurative in the lives of those who live it.
I will do that.
Reply With Quote
  #9 (permalink)  
Old 10-22-2009, 07:04 PM
cas's Avatar
cas cas is offline
Superior Master Contributor and Member
 

Join Date: Jul 2009
Posts: 833
Default

Quote:
Originally Posted by Clint View Post
You are in the moment and "just doing it." Whatever you do turns out to be exactly what needed to be done.
The above has been around for more than 2000 years. It is the essence what Gautama the Buddha taught.

It is the essence of living your life without regrets and in line with a saying in Japan....

"Every breath brings you one step closer to death."

So why waste even a moment of your life by "NOT" just doing it...?
Reply With Quote
  #10 (permalink)  
Old 10-31-2009, 02:31 AM
xtraction's Avatar
Senior Member
 

Join Date: Oct 2009
Posts: 133
Default

The zone is a right-brain thing. That is the non-verbal side of the brain. When you play a game, draw, play music, dance, etc... your brain isn't using words. You are one with what you are doing. You get lost in time. Hours can pass and you are not aware of time passing. The way we are taught to trade is verbal based and that is why most traders most traders never find themselves in the zone.
Reply With Quote
Reply



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

All times are GMT -4. The time now is 10:30 PM.
Content Relevant URLs by vBSEO 3.3.1
"All I ask is the chance to prove that money can't make me happy."
Spike Milligan
Feedback Form