Trading EMini GC You Snooze You Lose | Oct. 15, 2015
http://eminitutor.com/ Trading EMini GC You Snooze You Lose | Oct. 15, 2015. Learn Professional Day Trading entries and exits to gain consistency. Futures Strategies and Setups using EMini Tutor’s “One On One” Approach – What is intuition? …. The Sub-Conscious Mind
The sub-conscious mind is like a guidance-system. It runs on auto-pilot in the background all the time. It is freely programmable and open to any sort of commands and instructions. When we are born the sub-conscious mind consists only of basic reptilian functions essential for our survival, i.e. breathing, the heart needs to pump and we need food and water. Besides that, the sub-conscious mind is empty and ready to be programmed with instructions that we feed it.
These instructions come from the conscious mind. Every time we say something like ” I suck at trading”, we enter these instructions into our sub-conscious mind. With enough repetition of these instructions, the sub-conscious mind has no choice but to follow them, resulting in the fact that you suck at trading.
If you have any form of self-sabotaging thoughts and wonder why you are not as good as you would like to be, then the reason is that you are programming your sub-conscious to guide you in the direction of these thoughts. Of course, the opposite is true also. If you consciously think of good thoughts and processes, these are the thoughts that will get programmed into your sub-conscious mind.
First, what do I mean by intuition in the context of decision-making? Researchers at the University of Pennsylvania School of Medicine estimate that the human retina can transmit visual input at at roughly 10 million bits per second. Another study suggests that the subconscious mind processes about 400 billion bits of information per second and the impulses travel at a speed of up to 100,000 mph! Compare this to your conscious mind, which processes only about 2,000 bits of information per second and its impulses travel only at 100-150 mph. We have 50 trillion cells in our body performing trillions of processes – so an enormous processing power is required. Another take: only about 0.01% of all the brain’s activity is experienced consciously. In other words, it is as if roughly 10,000 cinema films are actually going on in the brain all at once, while we are only consciously aware of one of them. Altogether then, the data rate processed by the brain is an astronomical 320 Gb/s! (read the full paper) While different definitions emphasize different aspects, there are three key features that characterize the intuitive mode of thinking.
- The process is dominated by your subconscious mind, even if you use your conscious mind to formulate or rationalize the final results. The subconscious mind can spit out your answer 200,000 times faster than the conscious mind. The subconscious mind can process 10,000 videos at one time, versus the conscious minds ability to decipher only 1.
- The information is processed in parallel rather than sequentially. Instead of going through a logical sequence of thoughts one by one, you see the situation more as a whole, with different fragments emerging in parallel.
- You are more connected with your emotions. For example, it may occur to you that an option you consider does not feel right, even though there is no clear logic to prove that.
