Hi Mike.
Is it ok if we archive a play even if we didn’t execute it well, we didn’t make money, or even if we didn’t saw the pattern live? Or do you recommend only add the plays we were actually in and we did at least a little well?
@mikebellafiore
Gr8 question!
In The PlayBook I recommend for all traders to archive a setup that made the most sense to them after the close for their trading PlayBook. Place that trade into your PlayBook whether you made it or not. As long as the trade makes sense to you then archive it in detail for your PlayBook. Performance Science is the reason why.
Our brains make no distinction between us making a trade in real-time doing or mentally rehearsing that trade. Below is a famous study that supports this conclusion.
A study conducted by Dr. Blaslotto at the University of Chicago was done where he split people into three groups and tested each group on how many free throws they could make.
After this, he had the first group practice free throws every day for an hour.
The second group just visualized themselves making free throws.
The third group did nothing.
After 30 days, he tested them again.
The first group improved by 24%.
The second group improved by 23% without touching a basketball!!!!
The third group did not improve which was expected.
Read more:http://www.breakthroughbasketball.com/mental/visualization.html#ixzz2cEg0AuQh
Related blog posts:
Improve Our Performance by Watching
Improve Your Performance by Watching Yourself
You can be better tomorrow than you are today!
Mike Bellafiore
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