Important tenet of the high performance Mindset…..Practice….
Before going into the details of this article, let me ask you a simple question. What is the word skill means to you? And why people who were popular once because of executing their skill fails to execute the same skill after a stream of failures?
I hope you have your answers with you, lets compare yours with mine if you have any and get into the topic. Don’t worry if you don’t have any answers, keep reading. This article will still be helpful.
We, humans, have two types of minds as you already know, Conscious and Sub-Conscious Mind. Joseph Murphy in one of his outstanding books, titled, Power of Subconscious mind, puts it this way, “Your conscious mind is the captain of the ship and your subconscious mind is the one which steers the ship. ” The people who are steering the ship doesn’t know what’s there in their way. They blindly follow the instructions of the captain. If the captain says to steer right, they will do that. If the captain says to steer left, they will obey their captain’s orders. But, they don’t have any idea why the captain had ordered to steer left or right. This is exactly how it happens in your mind.
The conscious mind is also known as Conditioned mind which is connected to the sensors of our body. We humans basically have five senses, namely, touch, taste, smell, vision and listening. Our conscious mind feels these senses and bypasses the data received to the sub-conscious mind. Our sub-conscious mind processes this information and sends the results to the conscious mind. The conscious mind then orders our body to react in a certain way depending on the information pumped into it by the sub-conscious. Of course, it all happens in a fraction of milliseconds and we don’t even realize all this is going on inside. 😀
Your subconscious doesn’t know whether the information sent by the conscious is real or a lie. The process seems simple, but it is going to shape our lives. So, spend some time to understand the mechanics of the brain so that your actions will be in your control. We condition our conscious mind from our childhood learning from the world around us. Whenever something good or bad happens, our conscious mind immediately starts searching for the memory records to understand what’s happening. If it finds a past record, it will relate the present situation to the one that it has found. If it doesn’t find any record and the result of the present event makes you happy, it will name it as a surprise. If the result of the present event is not acceptable to you, it will name it as a problem. This all happens in your conscious mind and data interpreted in this way will be bypassed to the subconscious. Now the subconscious mind (which is unaware of what’s going on in a conscious mind) process this data and orders us to behave in a certain way. If you have understood this whole process clearly, there is one very important point in this process that each and every human should know.
“ There is nothing like a surprise or a problem. It is you and your conscious mind naming them like that and contaminating the process of information interpretation. If the information interpretation is wrong, then the way you react to the task at hand will be affected and of course, the results will not be up to the mark. It is your perception of the world that shapes the results of the things you do every day. ”
This explanation brings me back to my questions at the start of this article.
What is Skill?
Skill is the ability to produce solutions in some problem domain. As discussed earlier, the ability to produce solutions depends on the quality of the information interpreted to process which again is related to the state you are in.
And why people who were popular once because of executing their skill fails to execute the same skill after a stream of failures?
Simply because there are not in a high-performance state. They are not reacting the way they should execute their skill.
Now, what is a high-performance state and how can we remain in that state all the time? 😀
A lot of questions to answer, but instead of me defining it in my words, I am exactly copying the definition given by a great writer, Anthony Robbins, to the word state, in his book “Unlimited Power”, which I recommend everyone to buy and give it a read. The definition goes like this
“ A state can be defined as the sum of the millions of neurological processes happening within us, in other words, the sum total of our experience at any moment in time. Most of our states happen without any conscious direction on our part. We see something and we respond to it by going into a state. It may be a resourceful and useful state or an unresourceful and limiting state, but it is not much that most of us do to control it.”
If a person is performing at his best to do the task at hand, he is said to be in the resourceful or high-performance state. If he is not performing well, he is said to be in the unresourceful or limiting state. The results are beautiful when you perform and execute your skill well, i.e when you are in a resourceful state. No mater what profession you are in, you must keep yourself in this resourceful state to efficiently do your job. To trading ( which is my primary focus here .. 😉), it is a must. There is no way you can profit in the long run if you are not stable in this resourceful state. To get that stability, what can we do? How can we move with ease from an unresourceful state to the resourceful state?
You don’t need an answer from me for this. Look at those who are successful in their respective fields. Observe what they are doing regularly to effectively put their skill into reality when situations demand. This is where the concept of role model comes. If you don’t have a role model, immediately identify someone. Read their biographies and autobiographies. Observe their lifestyles. One thing observed in everyone I have studied about, they practised executing their skill rigorously before the actual battle. You must have heard about Tiger Woods. I read it somewhere that he hits a minimum of 1000 golf balls every day without any fail. He can hit the same shot again and again without a slight inch variation of the trajectory of the ball. First time I heard about it I wondered, he is a successful golf player and he can win titles at ease, why he need to practice that much. When I read the book, Unlimited Power, I completely understood what Tiger woods is trying to do. Keep in mind readers, for successful people, these are not the practice sessions, these are rituals. If getting success is easy everyone will get it. The reason we have very few successful people in the world is it takes passion, effort, dedication and practice. If these things are in place, results will automatically follow. They might be delayed. But they surely find you if you stop looking at the setbacks as problems. If you are too much concerned with the results that you get, you will form expectations. When those expectations are not met, you will react emotionally and then you will be unstable in the resourceful state. Applying this to trading, the results will be outstanding if you stop trading for results. Focus on executing the plan well keeping the emotions at the check and in the long run, you will be succeeded in this business.
FORGIVE yourself if something happens wrong and unexpected. Learn lessons from the experiences. Remember the lessons and forget the past. Plan for the future with the lessons learnt but never project it to visualize the results. Practice executing the skill effectively and enjoy doing it day in and day out. Improve your skill. Practice… Practice… Practice…. Our only mantra.
This is really an eye-opener for me. I have told my daughter umpteen times that one has to focus on efforts and not on results. I had never questioned her for grades. Still, the pity is that deep inside, unknowingly I have been craving only for success without enjoying the execution part. My happiness and unhappiness were the results of the success or failures of trades. Thanks a lot for reminding me what to do and what not to do.