The Subconscious and Self-limiting Believes
‘Until you make the unconscious conscious, it will direct your life and you will call it fate.’ — C. G. Jung
Beliefs to money
Filthy rich, Money is evil, Rich people are greedy, Money doesn’t grow on trees, we can’t afford this.’ Sayings like these by your friends, family and social network have all ingrained these self-limiting beliefs about money into your subconscious.
Learning about money and reshaping your views & beliefs is paramount! So many of us have been hardwired wrong for trading, we view money negatively and in turn, we reject it subconsciously. But an important paradigm shift especially in trading comes once you can see the benefits and importance of ‘money.’ From there you can then begin to start attracting money more abundantly!
Not only do most people have a negative view of ‘money’ they also have a distorted view about how we are supposed to make money.
We are taught to ‘work hard’ for money. We are taught at school to work hard and get good grades. As adults we are expected to work hard to climb the ladder for a promotion. And all of this is the polar opposite to trading well. It’s more the case of the less work we do, the actual more money we put into our pockets. We let the trades make the money for us!
All these beliefs are mainly instilled from a very young age. All the negative beliefs are implanted into our subconscious, and we carry these around with us and eventually they creep into your trading by the smallest of triggers.
A little exercise you can do right now is just think of the word ‘Money’
Just think hard for a few minutes on what you think and feel when you hear this word.
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What did your parents say when this word was spoken?
Or what about when you see someone who’s wealthy? Or when you see them getting out of a flashy car? If you think negatively, like ‘Oh they must have f@uk’d someone over to make that money’ Then you have negative beliefs about money.
And you need to work/change your beliefs which I will show you how to shortly…
Limiting beliefs about yourself all again stem from family friends or life events. We can be told we are ‘stupid’ You never get anything right You’re this or that.
And all these become deep rooted into our identity. We feel praised or not worthy of our goals, simply because we were told.
Even if it was just playfully at the time, it doesn’t matter. It all gets absorbed; This is why parents especially should be very aware of what they tell their children growing up as many limiting beliefs develop in childhood when you aren’t always able to process what happens to you.
Finding out about your beliefs
Write your biography
A way I would recommend is to write your biography of your whole life and in doing this you will gain the insight on when these beliefs were instilled and how they affected your whole life…
You see your past dictates the future unless you become ‘aware.’ Try to think back to your childhood, what happened? What did your parents say to you regarding money? How were mistakes absorbed? These things carry on to later life subconsciously in your psyche.
If you’re ever struggling to figure out the reasoning behind these beliefs, I offer a simple exercise below you can try right now to get the ball rolling…
A classic psychological technique to delve deep into beliefs is simply keep asking ‘why?’
And repeat till you can’t make any more answers or excuses.
-Why? and so on… A very simple but effective method to get to the root!
ACTIONABLE STEPS TO CHANGE BELIEFS
Once you have found out about your beliefs, first you must accept and forgive yourself. Thank that belief for trying to protect you but realizing that you are big enough to move past it and make the right decisions.
But obviously years of damage is simply not just going to go away, we must begin to heal and reprogram. Here are some methods for you to try…
The Counter Method
The first steps now are simply to change the narrative, and gain conscious control
What you need to do is counter any negative when it appears in conversation, or you’re thinking and instantly counteract it with a positive.
So, for example: We can’t afford it becomes, we can afford it by doing this… Or I can become more valuable by learning this and so on
When you’re positive in a negative situation this is when you win!!
The Swap Method
Change any negative triggering words to more positive connotations
For example, the word ‘Money’ has many deep-rooted negative connotations for people, why not simply change it? How about Freedom units? Or currency points.
It may seem strange to people when you start saying it but hey who cares. We are trying to help ourselves move forward. Forget what others think!
Affirmations are a great way to consciously and subconsciously reprogram positive vibes back into us. And the great thing is. This can be whatever you want to improve.
Regarding money this can be ‘I love money, money loves me’
There is an abundance of money everywhere and plenty for me”
‘I am a money Magnet’ ”Money comes to me easily” and so on.
Or for yourself beliefs
‘I am worthy of success’ ‘I deserve happiness’ ‘I love myself and I accept myself’
And keep telling yourself over and over, do this with conviction!
You can also try recording your affirmations and have them set on a loop for when you go to sleep. But be aware affirmations are happening all the time. Through yourself talk, or social situations. Every time you say ‘I am’ is an affirmation going deep into your subconscious and creating future beliefs in yourself. Whether that be positively charged or negatively charged.
Be aware of what follows after these words…
Meditation is my personal favorite; you learn to become aware of your thought and not have to identify with them. Like Eckhart Tolle said: ”Rather than being your thoughts and emotions, be the awareness behind them.”
You begin to learn and to simply notice and let go.
The key is focus on your breathing and whenever you have a thought pop up to simply acknowledge but not judge it. Just accept its happening and make a conscious decision to refocus back on breathing.
I suggest just doing 2 minutes a day for a few days to create the habit and slowly increase your meditating time so this could be 2 min move up to 10 min and eventually to 20 min when you have created the habit and the tolerance.
Once you start going down the rabbit hole. You soon start to realize that everything you have ever ‘learned’ is actually false…
A lot of people are set in their ways and are chained to their beliefs, which will not allow them to move forward. The only way to break free from the chains is to consciously accept that to grow, YOU need to change!!
Old beliefs always stay with you but it’s the realization of these beliefs that can set you free. Learning about oneself will bring equanimity and peace not only to your trading but also to your life.
What you have just discovered is the difference between successful and unsuccessful people is simply in the way they think. It really is that simple. To break through the threshold to consistency, you need to find out which beliefs are helping & which are self-sabotaging.
Take the time to self-reflect…
So, in closing this chapter I ask you this
What other profession gives you this opportunity? To think if you never gave trading a try. You may never have had a chance to realize any of this.
None that I can think off…. You have a chance to change your whole life for the better. Simply because you have chosen to learn to trade. What a beautiful thing this is!