What has my body gotta do with trading ?
アップデート済
Read this article here
Just because we have to stay at home due to the lockdown, it does not mean we do not need to take care of our body and mind. In fact, as a trader (be it part time or full time), we spend a lot of time on the computer (sitting down mostly).
Emotions are high as you toggle between different news, charts, forum, etc. Your heart is beating fast as you see your losses turn into profits and wondering should you take profits or not. Maybe, you forgot to put a SL and you were shocked to see your position is now in the red after an hour or so.
Such activity is common for a trader and if you do not have a time out period to chill out and do something outside of trading, you are likely going to suffer from burnout soon.
It was a nice and windy yesterday after the rain had stopped. I decided to go for a run except this time I intentionally slow down my pace and allow other runners to bypass me.
Due to my competitive nature, it does not feel good but I consciously wanted to feel and understand how to better manage it. As more and more runners pass me by and I started to calm down after a while, I realised it was not such a big deal after all. Nobody cares really, who's leading or not.
Everyone is just running according to their own pace. It is the mind that often play tricks on us, misleading us that we are out of control. I came home feeling energised and relaxed and more importantly learnt a valuable lesson. I don't have to huff and puff and run like there is no tomorrow (ya, I know the adrenaline rush when you start to sprint the last part) and yet feel accomplished as well.
That was when I decided to take the shorts in SPX500 yesterday and thank God, I was well rewarded. Allowing too many thoughts swirling in your active mind is not healthy as it need an outlet to reorganise itself. No, not through using drugs or alcohol but a healthy channel like exercise. I urge you to pick up an exercise you like - be it swimming, dancing, trekking, cycling, anything physical.
Build this into your trading schedule so that you purposely know you have to do it and you will not be so stressed up , glued to your PC and constantly worried about your positions. It helps you to avoid over trading too.
For me, I either go for my run or walk so that I can relax my mind, take this opportunity to talk to God, seek his advice on many things I am constantly thinking. I asked for signs, I pray for breakthrough (for myself, family and others),etc. Sometimes, answers come really quick, other times, it surfaced through means that I never thought of. It could be an article, a chart or even staring at my plants in the garden.
When you let go of TIME as in you do not need to force yourself to make XXX within the hour or so, your mind becomes more relaxed. You are more open to spot opportunities and your judgement is also better. A couple of times, I went on a personal challenge to trade on 15 mins chart to see how much money I can make. It was a scary emotional ride as at the end of the session, I felt tensed and my feelings numb. There were profits and there were losses but I could not feel the joy or pain at all.
That was when I know as a trader, this is not my style. Maybe others are wired differently. The shorter the time frame, the better they perform. I can't and that does not mean I am not good. Like running, each trader is keeping to himself , doing his best , improving his own results and that is all that matters. No need to compete with others !
Just because we have to stay at home due to the lockdown, it does not mean we do not need to take care of our body and mind. In fact, as a trader (be it part time or full time), we spend a lot of time on the computer (sitting down mostly).
Emotions are high as you toggle between different news, charts, forum, etc. Your heart is beating fast as you see your losses turn into profits and wondering should you take profits or not. Maybe, you forgot to put a SL and you were shocked to see your position is now in the red after an hour or so.
Such activity is common for a trader and if you do not have a time out period to chill out and do something outside of trading, you are likely going to suffer from burnout soon.
It was a nice and windy yesterday after the rain had stopped. I decided to go for a run except this time I intentionally slow down my pace and allow other runners to bypass me.
Due to my competitive nature, it does not feel good but I consciously wanted to feel and understand how to better manage it. As more and more runners pass me by and I started to calm down after a while, I realised it was not such a big deal after all. Nobody cares really, who's leading or not.
Everyone is just running according to their own pace. It is the mind that often play tricks on us, misleading us that we are out of control. I came home feeling energised and relaxed and more importantly learnt a valuable lesson. I don't have to huff and puff and run like there is no tomorrow (ya, I know the adrenaline rush when you start to sprint the last part) and yet feel accomplished as well.
That was when I decided to take the shorts in SPX500 yesterday and thank God, I was well rewarded. Allowing too many thoughts swirling in your active mind is not healthy as it need an outlet to reorganise itself. No, not through using drugs or alcohol but a healthy channel like exercise. I urge you to pick up an exercise you like - be it swimming, dancing, trekking, cycling, anything physical.
Build this into your trading schedule so that you purposely know you have to do it and you will not be so stressed up , glued to your PC and constantly worried about your positions. It helps you to avoid over trading too.
For me, I either go for my run or walk so that I can relax my mind, take this opportunity to talk to God, seek his advice on many things I am constantly thinking. I asked for signs, I pray for breakthrough (for myself, family and others),etc. Sometimes, answers come really quick, other times, it surfaced through means that I never thought of. It could be an article, a chart or even staring at my plants in the garden.
When you let go of TIME as in you do not need to force yourself to make XXX within the hour or so, your mind becomes more relaxed. You are more open to spot opportunities and your judgement is also better. A couple of times, I went on a personal challenge to trade on 15 mins chart to see how much money I can make. It was a scary emotional ride as at the end of the session, I felt tensed and my feelings numb. There were profits and there were losses but I could not feel the joy or pain at all.
That was when I know as a trader, this is not my style. Maybe others are wired differently. The shorter the time frame, the better they perform. I can't and that does not mean I am not good. Like running, each trader is keeping to himself , doing his best , improving his own results and that is all that matters. No need to compete with others !
ノート
breakup of level 1 resistance at 36.79ノート
praise lord. it is now moving slowly to close the gap.ノート
watch your position now as the gap has been closed.
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