{"id":398047,"date":"2020-12-18T15:00:51","date_gmt":"2020-12-18T14:00:51","guid":{"rendered":"https:\/\/ftmo.com\/?p=398047"},"modified":"2024-09-13T12:51:00","modified_gmt":"2024-09-13T10:51:00","slug":"nlp-in-trading","status":"publish","type":"post","link":"https:\/\/ftmo.com\/en\/nlp-in-trading\/","title":{"rendered":"NLP in Trading"},"content":{"rendered":"
This article explains what neurolinguistic programming (NLP) is. Can techniques like these help you achieve better results in trading? Opinions on this topic vary, but it is certainly an interesting alternative to the classical approaches commonly used by traders or psychologists.<\/em><\/p>\n On a conquest for a better self and better profits, at some point, a trader will begin to look inwards.<\/p>\n Remove the frills and all it essentially means is it’s an approach that aims to shift the intended person’s behaviour.<\/p>\n In fact, one of the presuppositions of NLP is that the person is not the behaviour. And thus a negative behaviour can be a mixture of many things. Perspective, context, state, filters, among others.<\/p>\n At any given time, there are 2 million bits of information available. As you see, feel, taste, hear with all your senses, any situation will provide an overwhelming amount of information.<\/p>\n Our brains, however, are very skilled at three things. Deleting, Distorting, and Generalizing.<\/p>\n This is our nature and this is how humans can create decisions with speed and conviction.<\/p>\n In the end, out of 2 million pieces of information, we only retain 134 bits. Everything else has been deleted, distorted, or generalized.<\/p>\n That’s why one group can be witnessing in the same scenario and have different interpretations.<\/p>\n In trading, the situation is similar.<\/p>\n The charts can be the same, but the experience is different. This will essentially create different reactions and actions from the participants.<\/p>\n In NLP, a lot of work is all about influencing the state of a person to a more resourceful one.<\/p>\n A beautiful state that does not deprive, but instead places a trader with a variety of choices that can serve their higher intention.<\/p>\nWhat is Neurolinguistic programming<\/h2>\n
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