If you want to empower your trading attitude, keep reading this article because I’ll share with you the most powerful intraday trading affirmations and most importantly I’ll tell you how to use and how to create your own affirmations.
For the purpose of this article, it’s important to remind you the 3 characteristics that make a thought extremely powerful and capable of governing our days.
Repetition. Certain negative thoughts take root in our mind because we have repeated them hundreds of times in our life. This means that in order for our positive affirmations to also become effective, we will have to repeat them constantly (more details on this point later).
Credibility. Our negative beliefs affect us because they are… plausible. In other words, we believe it because in the past we have had life experiences that have confirmed certain thoughts. To ensure that our intraday trading affirmations also work, we cannot therefore shoot “magic” phrases far into the air, we must build affirmations that are based on real facts, or in any case on experiences from our past in which we have had winning attitudes.
Emotion. Finally, certain negative affirmations work because they are almost always accompanied by equally powerful negative emotions. The same principle must therefore be applied to our positive affirmations: in order for them to work, we cannot repeat them mechanically, but we must recite them trying to leverage emotions that are consistent with what we are repeating to ourselves.
Please, use the following affirmations wisely: take inspiration from these phrases and adapt them to your reality so that you can take advantage of them. Do not select statements that are completely contrary to your current situation. Initially, select no more than 5-7 statements to focus on. At the end of the article, I will provide you with further information on how to best use the following intraday trading affirmations (when, how many times, etc.) and how to create your own.
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There are hundreds of equities to select from, and I can invest in almost any of them.
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I can simply determine what to trade because I’m a day trader.
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I can think of a few methods to benefit from them.
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I am a day trader who uses several ways to profit from price fluctuations for a certain asset.
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I am a competent day trader that looks for equities with plenty of liquidity, moderate to extreme volatility, and a large number of followers.
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I have the capacity and capability to identify the best stocks for intraday trading by separating the environment of the business from the rest of the noise and then profiting from it.
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I design my investing approach that relies on my requirements and market information to keep my feelings in check.
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I determine and define my risk thresholds as well as benchmarks for when to join and exit the market.
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I continue to revise the plan to verify that I am on the correct course.
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I’ve developed a morning regimen that works for me.
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I get up a little earlier than normal.
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I started doing out or meditating first thing in the morning since it helps me approach the market calmly and comfortably.
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I believe that financial market education is the foundation of any successful trader, including myself.
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I always keep track of my losses and create efficient risk management policies.
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Intraday trading methods suit me well because they require the speed and precision for which I am known.
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I look for equities that move a lot, either in terms of dollars or percentages.
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Stocks that move 3% or more every day, in my opinion, have continuous significant intraday changes to trade.
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To make money, I follow certain defined standards by looking for specific intraday trading indications.
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The market goes in waves, and I’m well-equipped to ride those waves.
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I concentrate on taking long trades during an uptrend.
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During a downturn, I concentrate on shorting stocks.
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I start trading with the latest craze as soon as the main trend changes.
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I maintain a trading notebook and use it to identify typical errors and fine-tune my trading technique.
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I pay close attention to others and strive to replicate successful methods and learn from other traders’ errors.
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I understand how to manage my emotions.
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Is to not become overly emotional about trade and to maintain my trading discipline.
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I always keep in mind that the market is amoral, not morally blameworthy.
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Losses, in my opinion, are not individual, and even expert traders suffer losses from time to time.
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I always trade according to the rules, and when in question, I walk away.
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Before I contemplate an order, I compile a list of trading conditions, setup, or events that must occur.
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I never trade based on hope because I always have an escape route, exit if the transaction goes against me, and rely entirely on technical indicators.
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When the marketplace is against me, I don’t hope, and if my stop loss barrier is reached, I should leave.
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I operate completely on my judgment or, if that is not possible, on expert judgment.
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I compile a list of potential sources to consult before making a deal, and I scrupulously adhere to their recommendations.
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I am always analyzing my errors.
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I correct outside-of-my-trading-system errors, such as poor execution and trade management.
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I make certain that I do not engage in any trades that are not part of my trading strategy.
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If solid execution and thorough trade management nevertheless result in an unsatisfactory drawdown, I return to the trading approach, examine the errors, and make the necessary adjustments.
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I don’t shoot first. I stick to my trading plan and create a checklist of warnings and indications that can help me make the investment strategy as automated as feasible.
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I never take a position without first determining the benefit of taking a risk.
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I invest in what I can afford to lose.
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I Select highly liquid Shares.
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I Trade in only 3-4 scrips at a time.
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I Do extensive Research.
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I Know the entry price and target levels.
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I Use stop loss to minimize loss strategy.
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I Don’t try to be an Investor.
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I Book Profits when targets are achieved.
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Profitable deals are simple to spot and act on for me.
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I see achievement in what I do.
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I am a qualified and suitable trader.
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I’m an excellent trader who makes incredible decisions.
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I complete the tasks I set out to accomplish.
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My achievements are the outcome of my continued trade education.
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I am equipped with the knowledge and ability as a trader.
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I can correctly understand the charts and see incredible trades as they occur.
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I know what I’m doing and I’m capable of completing it.
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I take trading action when it is necessary.
1. Identify Your Priorities
The following guidelines work for any affirmations you might want to go for, so not just for the trading affirmations. First of all, what are the areas of your life where you really feel the need to make a change? Would you like to feel more powerful and worthy during your trading? Or maybe in the future you might want to change other aspects of your life… like for example, do you feel you need to improve your relationship with your partner? Do you want to take care of your health? Try to focus your personalized positive affirmations on a specific area of your life that you would like to improve.
2. Excitement
As seen, the statements are most effective when accompanied by a strong emotional drive. Therefore, carefully evaluate the choice of words and expressions, preferring those that may have the highest emotional impact for you. Amongst the intraday trading affirmations I shared with you above, I’m sure you can find some affirmations that match with your current emotional state.
3. Be Consistent and Realistic
It is important that your statements align with your personal values. If respect and honesty are essential for you, it is useless to repeat to you “I am a salesperson willing to do anything to achieve my financial goals”. Second, it is important that your statements are realistic and translatable into concrete action. If the statements are too vague or too far from your reality, you will run the risk of not believing in them yourself. For example, “I feel healthy” may be too general a statement for you. You could make it more specific by turning it into: “I feel in a great mood and full of energy”; “My body is strong, ‘flexible and resistant’; “I run every morning and this gives me energy”; “I feed with balance” and so on.
4. Transform Negative Into Positive
Unfortunately our internal dialogue is often negative. But these negative thoughts and beliefs can be a great way to spot our personalized positive affirmations. In fact, you can start from these intrusive and disempowering thoughts and transform them into their positive version. “You’re the usual indecisive” can become: “I choose carefully and make good decisions”. or “I decide with timing for my life”.
5. Present
Our mind is not designed for the future. Always write your affirmations in the present tense, as if everything is already happening. This is essential for your mind to believe, on an unconscious level, in the statement and “settle” on that new parameter. If you write instead: “I will make very good decisions”. Your mind will always postpone your transformation to an unspecified future. Now let’s see how to use your personalized positive affirmations in an effective way…
When?
Choose a specific time to repeat your statements. The ideal is in the morning, upon awakening, so as to start the day on the right foot.
How?
Repeat your intraday trading affirmations aloud and if possible create a vision board that reminds you of them throughout the day.
How Many?
As explained in the article, focus on a maximum of 5-7 positive affirmations.
How Many Times?
Repeat them for at least 5-10 minutes every day, but not more than a quarter of an hour (it wouldn’t help). If you wish, you can repeat the exercise at different times of the day, but no more than three times in a day (for example, you can repeat them in the morning when you wake up, at noon and in the evening before bed).
Good. Now that you know the most powerful intraday trading affirmations and you have all the tools to best create your own personal affirmations, all you have to do is re-read, write them, use them and achieve all your goals!
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