It is essential to do your best and be in resource while trading Forex to get the results you want. You must be able to focus attention and intention to reduce the pain associated with a lack of control. It is vital to stand with both feet on the ground, be calm and purposeful, and put all your resources into a clear vision of reality to be on the right side of the order flow and follow the price movement. Of all the ways to achieve calm, purposefulness, and clarity, the most powerful is meditation. Meditation provides psychological, emotional, and behavioral benefits.
Regular meditation:
- Improves attention span;
- Reduces stress levels;
- Slows an accelerated heartbeat;
- Relieves anxiety;
- Strengthens patience and immunity to fear and greed.
In one form or another, meditation has been used in all cultures, always with the same goal of achieving mind-body coherence, calmness, and concentration. Meditation is a journey into the depths of the soul and heart, allowing one to open oneself to dialogue with higher levels of being.
One of the primary purposes of meditation is to support the mind and body to be fully present, that is, to live in the present moment without distraction from anything inside or outside oneself. Being fully present also means focusing on the task and its purpose. While trading, you often think about a past trade or something that is just about to happen instead of focusing on the most important thing – what is happening right now. You can get distracted by negative emotions like fear, greed, and anxiety. All these can distort perception and cause you to mistake illusion for reality. Regular meditation teaches you to be without schedules, goals, effort, or pride. Excessive zeal brings little result, while the ability to let go of control and surrender to the mercy of the moment while maintaining awareness will bring success.
Effective meditation is not as difficult as it sounds. Sit in a chair, on a cushion, or directly on the floor, straighten your back, and make yourself comfortable. If you sit in a chair, straighten your legs and place your feet on the floor. Now focus on some external or internal point – you can imagine a candle flame or your navel. Your task is not to concentrate energy but to focus your attention and let your mind free from thoughts. Let the ideas come and go, don’t hold them and don’t cling to them. It is crucial to breathe correctly – inhale through your nose and exhale slowly, folding your lips as if you were blowing out a candle. Breathing symbolizes purification and also oxygenates the blood. The blood cells, in turn, carry oxygen to the brain, which has a calming effect on the entire body.
Find out the best time to trade forex in Nigeria and practice meditation one hour before the same time every day to make it a habit. It’s an excellent way to start the day. Meditation can renew, streamline, and recharge your system and strengthen your focus on essential things. Ending your day with meditation is also helpful – it helps relieve stress, release tension, calm you down, and get rid of negative energy. Meditating on lunch break keeps the best Forex brokers in Nigeria balanced and focused throughout the day, focused on the task and goal, and free of distractions. As you can see, you can benefit from meditation at any time – take your pick. You may want to practice twice a day, once in the morning and once in the evening.
The human brain is like a computer. If we don’t control it, it controls us. Its work is subject to a specific algorithm, the purpose of which is to solve problems. If there are no problems, it will look for them and find them relevant or not. Most of the time, it doesn’t. It will dig endlessly into the past, analyzing and poring over it or forecasting the probabilities of future events to prepare for them. It has to solve problems to survive. This machine needs to rest, and meditation is a great option.
Will you give it a chance?
Meditation has no side effects. Try practicing it daily for at least a few weeks. Finding just five minutes during the day isn’t too tricky, but the impact on your life and trading process can be remarkable.