Editorial

Take The Stress Out Of Trading

 

I don’t know about you, but the potential for stress to creep into my trading is a real threat. And it can be very harmful to the bottom line, so it’s not something to take lightly.

It used to be easier to have a life outside of work… there were work-life boundaries…

…go home, dinner with the family, play outside with the kids, watch some shows or meet up with some friends, and hit the sack…

It’s not like that anymore.

For one we work too many hours. And even when we aren’t at work, technology keeps us at bay.

Slack, skype, text, email, you name it… we are always connected and thinking about work.

And that can easily cause stress and anxiety.

You could be out having dinner with your wife and get a text of an “I believe you have my stapler” meme from a coworker.

So instead of laughing at that while at work, now it’s in your face during what should be personal time…

And while it may be funny… our minds need breaks from the constant onslaught of information. 

We need recharge time… (my trading strategy actually helps with this)

But now we have apps for everything… right at our fingertips… If you are worried about money and bills you could literally be checking your accounts every minute of the day. 

It’s only a click away… and guess what? It hasn’t changed in the last 30 minutes. But you still do it.

And when it comes to health. Stress can lead to sleeping problems, weight gain, intimacy issues, and even heart disease…

As well as your decision making… and what is trading if it’s not decision making.

So yes, stress is a risk… but it doesn’t have to negatively affect our trading… there are plenty of simple ways to beat it…

 

Seriousness of Stress

 

Stress has a huge effect on our brain’s ability to think AND make decisions.

When under stress our decisions become reactionary… causing us to make sudden and impulsive decisions, focused mainly on what can go right instead of weighing all sides of the matter.

A real twist since most of us would assume we would be focused on the negative due to already being in a crap mood from the stress.

And while there are so many people that support the “look at the bright side” persona as the key to happiness, there is a time and place for that and it is NOT in trading.

You have to see all sides of the trade to be successful and profitable… the good and the bad.

Being stressed changes how you see the risks and rewards of a situation.

Because of this, you can find yourself focusing on what you could profit from trade instead of seeing the full picture.

This could lead to a mistake like pouring too much of your portfolio into the trade.

Under stress, your urges are stronger and you have a harder time controlling them.

Similar to stress eating, indulging in a sweet treat that feels good right now, you may find yourself pushing buttons at the wrong times.

But, if you know me, I’m not a gloom and doom guy, so let’s look at ways to combat the risk.

 

Tactics for Relieving Stress

 

As a trader, stress comes as an inevitable side effect of the job but don’t allow this to steer your decision making.

When it comes to stress, it’s best to just slow down.

But how can we do this when all we see is the issue at hand?

One thing that works for a lot of traders is to simply get away from your screen.

Focusing on your screen without breaks doesn’t give your mind time to relax and recharge…

You start to see things, or even want to see things that aren’t there. You might even get bored and force a trade…

Here are some things that I have found helpful to keep the stress monster at bay, so I can make winning trading decisions at all times.

  • Walk away from the screen periodically… kids, errands, short walks or stretches… whatever it is walking away gives your mind a break.
  • When you need a vacation… take one.
  • Put on your favorite guilty pleasure Spotify playlist. Music has a powerful effect on emotions… but be careful… if the music makes you aggressive, maybe save that playlist for your workout
  • Pop on a guided meditation session from Headspace or Calm
  • Get a good night’s sleep
  • Eat a healthy diet or at least try to an extent
  • And don’t forget about exercise… this has been proven to have major stress relieving benefits

The key is simply to let your mind take a break. Recharge the control center.

And when you get back to your chair with a clear head ready to trade again, remember…

Focus on YOUR planned setups, strategy and risk-reward… making sure you aren’t fixating on dollars and cents… be aware of the full picture of risk and reward.

And always be mindful of your emotions so you don’t let stress, anger, or any other emotions for that matter, guide your trades. Being aware lets you know when a break is needed.

 

A Trading Strategy to Beat Stress

 

I have a wife and kids and like to be present when I’m with them… so I can’t let stress get in the way of my family life…

My strategy is set to work easily and with as little stress as possible when it comes to trading.

One thing I do is trade from home, so I can take breaks at any time in a place that is comfortable for me…

And I am there to deal with anything that comes up so it’s not a lingering worry overshadowing my trading…

I always take a few hours midday to get things done and recharge my brain before the close…

And the other major benefit to my strategy is that it can actually be done in just 15 minutes at the end of each day… if that doesn’t scream stress free, I don’t know what does…

Now you are probably wondering why I am in my live trading/chat room every day if it only takes me about 15 minutes at the end of the day to find and execute my trades…

Well, that’s because I love to teach… I am there for you… I teach every day so you can become successful too…

You will learn my simple screener, all my setups in detail, and I also look at potential setups throughout the day whether I take them or not.

We have ongoing conversations all day helping everyone to become better traders…

My goal isn’t to just show you trades, but to also TEACH YOU to trade

Not only has my strategy been working (in my last small account challenge, I returned 2,051% in 58 trading days)*…

…but you get real-time training, from a former teacher…

You want someone who can break it down for you… more than any other mentor out there… well that’s me…

Join Profit Prism Platinum Today

 

 

*Results presented are not typical and may vary from person to person.  Please see our Testimonials Disclaimer here: https://ragingbull.com/disclaimer.

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