Yesterday we looked at some of the prerequisites for crystallizing intent. Today we’ll look at each of the elements in detail. For the record, below is a restatement of the elements.
- Crystallize Intent
- Move into context
- Suspend judgment and move into wonder
- Enter the space of seeing together
Every book on success, every course I have taken on success, every audio program on success I have listened to, all start with the same message: start by defining what we mean by success. It’s the same with every endeavour – we need first to define the outcome we desire.
And, it’s the same with the outcome of trading as a business. We need to define our vision, mission and business plan.
It’s also the same with the outcome of a trade. We need to define what we want from a trade and why we want it. By doing so, we crystallize our intent.
Let’s move to the next phase.
Scharmer’s point (2) asks us to ‘move into context’. When I prepare for a trade, setting a context is critical. The context determines my assessment of probability; it tells me the kind of strategy I need to employ and where I should seek to take a trade. It’s context that allows me to accept and then judge the information my senses provide.
The next phase brings in our creative mind. Neuorology suggests that our best decisions are the result of our left-brain, right-brain and emotional processes. Often the right-brain and emotional processes are treated as one and the same. But in my view, they are different – they come from different sources. They are sometimes seen as one because they often occur around the same time.
In my case, I use my right-brain as the start of the analysis – I employ what James Joyce called, ‘stream of consciousness’ writing; in other words, I brainstorm ideas as I view a chart, writing down whatever comes up. Often I catch myself thinking: ‘I feel the market will probably…..’. This is the emotional component. Only when this process is over do I apply the left-brain analysis.
Finally we come to point 4: enter the space of ‘seeing’. This is the synthesis stage. As far as possible, I seek to integrate any right-brain and left-brain clash or feelings and mind clash. Whenever I experience such a conflict, I look for a way – I look for an idea – that will allow me to synthesize the conflicting ideas. It’s usually possible and when it is not, I prefer to sit out the trade.
This completes ‘seeing’; next Monday, we’ll deal with the next phase: ‘sensing’.