Forex Trading: How To Break Emotional Models? Part 2
Our trading (or any others) plans are adhered to the certain mental condition connected with a specific kit of thoughts, feelings, and physical sensations. When something interferes and moves us to other condition, we lose our binding. We have no bright and direct access to motivations which inspired our primary intentions. The key moment consists not in spending months and years for psychoanalysis, in other words, we lack “self-esteem”. More likely, we should become own therapists and learn to remain adhered to an initial condition, even in the face of the market and emotional forces which can destroy our trading plans. It also is the purpose of the methods based on an exposure.
Overcoming of problems through an exposure
Let’s will follow a classical example of how the exposure can break apparently heavy emotional models. Ellen suffers from a condition known as a chaotic panic. Sudden episodes of anxiety amaze it during the casual moments, seriously influencing normal actions. These episodes are so terrible that she is afraid that loses the control and can even die. As a result of this Ellen has the fear concerning its panic episodes – known as “secondary anxiety”. Steadily enough its fear concerning panic attacks leads it becoming more and more disturbed and actually causes the further attacks. By then, as Ellen has begun therapy, she has been grasped in a continuous cycle of anxiety, fear and a panic.
For application of a method of an exposure with Ellen, I at first have taught its skills of deeply breath and the progressive method of a relaxation of muscles. It involves studying how to slow down yourself, reducing frequency of breath and deepening breath at elimination of physical intensity, gradually straining and weakening groups of muscles from one part of a body to another.
As soon as Ellen has learned this method, the exposure could begin. I have asked if she has made some fast and small breaths-exhalations, modeling hyperventilation. It subjects Ellen to some of the same physical sensations which she tests during early stages of its panic attacks. It also causes the same panic thoughts and the feelings, which steels deeply connected with physical sensations of anxiety. When Ellen starts to feel repeatedly a part of the anxiety, I instruct that she carried out deep breath and a relaxation of muscles. She continues to carry out relaxations while initial sensations of anxiety aren’t eliminated.
After Ellen has learned to extinguish anxiety which arises from several fast, small breaths-exhalations and then from longer hyperventilation, I then have told her to perform more intensive exercises of an exposure. Later, I have recommended to her to cause panic sensations, entering into situations (like the overflowed shopping center) which are connected with anxiety. In each case, she has subjected herself to problem model which she tried to avoid, but always limited an exposure and immediately after that carried out the skills of an exit from this condition. At daily training, massive problems, like a chaotic panic, it is possible to pass successfully to weekly trainings.
For those who want to participate in forex trading must start from learning the basics of this market to make sure you do not have problems with this industry.