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Let’s imagine that we can overhear thoughts of the usual trader during trade, without his permission. As though we hear thoughts passing through his consciousness. He will react at that he sees on the screen, to reflect on models, mentally to consider the methods of planning of the bargain, to consider possibilities of this or that bargain, etc. The general impression from such fast varying, difficult thinking – intensity and anxiety, even if thoughts are outwardly logical and supervised.

Now we will assume that we can overhear thoughts of very successful skilled trader. Here, we, most likely, will see absolutely other picture. We will hear minimum of thoughts, which are reactions, what the trader sees and hears round himself. Instead the quiet, confident, strong-willed spirit as though stimulus of an environment will be transmitted to us through his consciousness, without disturbing him. This is what successful traders mean, when speak about achievement of a transparent spirit.

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This kind of a condition of mind allows the trader to operate according to his knowledge and trading strategy, without interference any of typical emotional irritants. For example, we will assume that in the active bargain there was unexpectedly a volume peak. Such emotional irritant will almost always force to react the trader – the beginner. As soon as intellectual reaction has gone, it is very difficult for operating. And, even if the trader will succeed in one case, the situation, most likely, will repeat and, in long run, will bother him. Reaching a transparent spirit, the trader, in essence, protects the consciousness from irritants, which give such effects.

Many traders assume that ability to think is transparent inevitably; it comes with trade experience, after long time. It is not true, because even among the most skilled traders many and could not take possession of ability to enter into this condition. The few (and more successful), the achievements that have understood importance of this spirit, have reached it conscious effort by means of exercises.

To take possession of ability to come to a transparent condition of mind it is possible by means of daily meditative exercises.

Ambitions. Ambitious prospect.

The ambition can be advanced, as strong desire to reach an ultimate goal. Naturally, behind it often it is necessary to receive sensation of compulsion object of desire, considering that the ambitious individual does not consider a situation hopeless. Successful and skilled traders know that compulsion – a critical sign in the approach of any trader to trade. But, though the ambition can be useful, encouraging compulsion, it can lead also to that it is possible to name ambitious prospect. It occurs, when the strong desire to reach an ultimate goal covers knowledge of the trader, negatively influencing, thus, his focusing and made decisions. Everything, from some profit level for the bargain before admiration of colleagues from outstanding results can be object of an ambition.

That it is better to understand, how the ambitious prospect can be generated, it is useful to consider an ambition source. More often, the ambition correlates with sensation of necessity, which arises from dissatisfaction with yourself or a situation.

Often the ambition is regarded as a merit because it is a method or desire display to improve. However it can fast develop in negative quality. It occurs, when the individual has no realistic self-estimation, and in a case with the trader – when the trader has no true and realistic estimation of the skills and experience in each concrete point of time. Thus the trader aspires to establish the unrealistic or inaccessible purposes.

As for the trader, for you it is important to be focused on process of trade instead of on its results. Besides, the ambitious prospect, possibly, will lead to easing of reliance and inability to accept responsibility for the actions. All it in the end will come to losses, which, naturally, will create a vicious circle, creating unnecessary pressure and frustration.

There are very good two methods to guarantee that at you have a healthy degree of an ambition. One consists in periodic revision of professional valuation of your trade, skills and experience. Other consists in continuously to remind yourself that it is necessary to concentrate on trade process, instead of on results.

Before you decide to make a forex investment or start forex trading yourself, better find a good forex book and read more about the currency exchange market – this will save you from tons of troubles and traps.

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