{"id":96,"date":"2008-08-07T08:48:32","date_gmt":"2008-08-07T12:48:32","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=96"},"modified":"2023-08-01T18:00:54","modified_gmt":"2023-08-01T22:00:54","slug":"getting-flustered","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/getting-flustered","title":{"rendered":"Getting Flustered"},"content":{"rendered":"<p>We had a film review yesterday with one of our better young traders. The young man can trade. But he under-performed on the Open. So we watched the video of his Open. It was like someone else was inhabiting his body. I did not recognize this type of trading from him. In fact I am not sure you can really call what we were watching trading. Kiddingly, it was more like amateur hour at the Apollo.<\/p>\n<p>&nbsp;<\/p>\n<div>\n<p>Said young trader explained that he got flustered trading FNM and that\u00a0triggered his poor trading. He missed a few stops for which he should have existed. He flipped over to a stock that he had no business trading. He got way too long at one spot which resulted in a mini rip. He was doing stuff that he normally doesn&#8217;t do.<\/p>\n<p>Good traders feel frustrated. Good traders get upset. Good traders under-perform. But good traders, successful traders, never let their frustration affect a future trade. They are aware of this frustration. They have a conversation with themselves to\u00a0not\u00a0let\u00a0their present mental state affect a future trade. And the experienced, self-aware trader then heightens his focus and quiets his mind.<\/p>\n<p>A new trader when frustrated should 1) get up from their trading station, take a\u00a0walk, and calm down, 2)\u00a0start visualization sessions\u00a0of this mental state and see themselves focusing and quieting their\u00a0mind, 3) breathe everyday so that they are not so easily\u00a0frustrated. The new trader must acquire the skill of changing their mental state from frustrated to a focused and quiet mind. The new trader must train their mind to not get so easily frustrated.\u00a0 But\u00a0this is an acquired skill that requires practice and concentrated effort.<\/p>\n<p>Anyone want to bet our young trader kills it the rest of the month? I got my money on him.<\/p>\n<p>You can be better tomorrow than you are today!<\/p>\n<p>Mike Bellafiore<\/p>\n<p><a href=\"http:\/\/www.amazon.com\/One-Good-Trade-Competitive-Proprietary\/dp\/0470529407\/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1382397128&amp;sr=1-1&amp;keywords=one+good+trade\"><em>One Good Trade<\/em><\/a><br \/>\n<a href=\"http:\/\/www.amazon.com\/The-PlayBook-Inside-Professional-Trader-ebook\/dp\/B00DW7PLLQ\/ref=pd_sim_b_1\"><em>The PlayBook<\/em><\/a><\/p>\n<p><a href=\"http:\/\/twitter.com\/mikebellafiore\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png\" alt=\"\" \/><\/a><\/p>\n<p>No relevant positions<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>We had a film review yesterday with one of our better young traders. The young man can trade. But he under-performed on the Open. So we watched the video of his Open. It was like someone else was inhabiting his body. I did not recognize this type of trading from him. In fact I am not sure you can really &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/getting-flustered\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":144,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[105,30,106,18],"class_list":["post-96","post","type-post","status-publish","format-standard","hentry","category-general-comments-2","tag-mike-bellafiore","tag-prop-trading","tag-quiet-mind","tag-smb-capital","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Getting Flustered | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/getting-flustered\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Getting Flustered | SMB Training\" \/>\n<meta property=\"og:description\" content=\"We had a film review yesterday with one of our better young traders. The young man can trade. But he under-performed on the Open. So we watched the video of his Open. It was like someone else was inhabiting his body. I did not recognize this type of trading from him. In fact I am not sure you can really ... Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smbtraining.com\/blog\/getting-flustered\" \/>\n<meta property=\"og:site_name\" content=\"SMB Training Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/smbcap\/\" \/>\n<meta property=\"article:published_time\" content=\"2008-08-07T12:48:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-01T22:00:54+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png\" \/>\n<meta name=\"author\" content=\"Bella\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:site\" content=\"@smbcapital\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Bella\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/getting-flustered#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/getting-flustered\"},\"author\":{\"name\":\"Bella\",\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#\/schema\/person\/80500a901d0e5ce0a27fa996bb1b9161\"},\"headline\":\"Getting Flustered\",\"datePublished\":\"2008-08-07T12:48:32+00:00\",\"dateModified\":\"2023-08-01T22:00:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/getting-flustered\"},\"wordCount\":329,\"commentCount\":4,\"publisher\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.smbtraining.com\/blog\/getting-flustered#primaryimage\"},\"thumbnailUrl\":\"http:\/\/twitter-badges.s3.amazonaws.com\/follow_me-c.png\",\"keywords\":[\"Mike Bellafiore\",\"prop 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