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The concept of "continuity of thought" is quite simple. When the opinion of the majority of traders comes to a consensus, the market will begin trending. At this point the continuity of thought of the market (or the majority of the traders) enables the trend to continue. In other words, if the majority of traders have faith that prices are cheap right now, and that prices will be higher in the future, then they will continue thinking that prices are heading higheruntil some event happens to change their continuity of bullish thought. |
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When the available pool of investor/traders for a particular market is expressing a certain continuity of thought, profit making becomes easier. Traders who have faith that their methodology will allow them to enter into a trade at the right time will always over time be more profitable than traders who have little faith in their methodology. |
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How do you create faith and certainty in the trading environment? You start out by realizing how critical faith is in your everyday life. You start looking at group interactions (obtaining more references), and how faith or the lack thereof speeds up or delays the interaction or ultimate goal of the group. Understand that faith is a belief that you possess, and only you can generate faith and certainty for yourself. I cannot give it to you, nor can you buy ityou must generate it on your own. |
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When you have faith that an intended goal will eventually be accomplished, you have taken the first step. Every time you acknowledge how important faith is, how often you use it every day, you are strengthening your belief system. You must realize how you rely on faith every day, in every activity you do, and how critical it is in learning new things. Faith and certainty are both beliefs, and as with a muscle, the more you use a belief the stronger it becomes. |
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As we discussed earlier, you can modify your existing beliefs so that they empower you; you can also come up with entirely new beliefs that will empower you. This approach applies to faith as well. The first step is to get into a peak physiological and emotional state. As you think about faith, do any role models pop into your mind who had huge amounts of faith? How do you think these individuals became so powerful in faith? What references did they have? Did they have a consistent physical and emotional state? What references can you imagine that they imagined they had? Next reexamine some of your own references while remaining in peak physiological and emotional state. What references did you use when you called upon faith in the past? What questions can you ask now to clarify what you are focusing on by expanding their resources? These are just some of the questions you can ask to modify and expand your beliefs about faith. |
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