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Zoe wrote: “Can you show me how you use ACT and Brown’s material in your trading?”
I believe the integration of the ACT and Brown’s processes have a wider application than just for trading. We can use them to lead more worthwhile lives.
Here’s how I view them.
In my view, the ACT method is composed of two distinct sections:
- The left brain (the Commitment and Behaviour Changes in the diagram above) and
- The right brain (Mindfulness and Acceptance Processes).
The left brain does all the planning. It identifies our values, it creates goals based on those values, and designs the actions, habits and routines that lead to the attainment of our dreams. The right brain is responsible for executing. Fusion and Avoidance are the two main barriers to implementation. Dealing with the Now through the Observer Self are the overriding tools for Acceptance and Defusion.
I have attached a summary of the ACT processes.
Brown’s material provides additional tools and the ‘why’ for non-acceptance and cognitive defusion.
Our hardwiring does not prepare us for success, especially trading success. We seek pleasure of the pain, immediacy over the future, comfort over risk etc. Our experiences define what each of us finds pleasurable, comfortable, safe, painful, uncomfortable and risky.
Brown suggests that early experiences lead to stories. Some continue to serve us. But, many lead to automatic responses that are no longer in our best interests. She outlines four skills (and their sub-skills) that we will need in our quest for success:
- Rumbling with Vulnerability,
- Living into our values,
- BRAVING trust and
- Rising strongly.
Together with the ACT processes, Brown’s approach helps traders fulfil their dreams.
Six Principles of Acceptance and Commitment Therapy
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Image and article originally from www.tradingsuccess.com. Read the original article here.