Trading - It has both Loss & Profit!
The taste of "Profit" is pretty fun but "Loss" is full of the contrary.
Loss can be quite stressful but only if you let it!
❝90 percent of traders fail to make money when trading the online market.
Why this shit?
Because your money is on the line. Of course, your hard-work money
And now, you will start investing and lose your capital again where trading stress will be revived!
So, STOP doing anything for 5 mins;
& take your deep breath for exploring this entire blog post with your HIGH attention that combined some exclusive and real-life tips to manage stress in trading.
What is Trading Stress?
In research, we find those who accept the anxiety and stress of trading and decide to manage with that are much successful. In that case, those who are unaware of the stress and accept to do trading randomly in that situation are less successful or fail. Commonly, stress is a natural HUMAN thing that people face in their daily life.
Whatever, you admit and whatever you want to recover and maintain your mental pressure, but when it comes to reality, it's hard to pretend. This is the common factor of every day-trader and part-timer.
But, we have seen some precious traders who are really capable of getting rid of this situation.
Cheers to them!
❝You will be amazed that only 1.6% of traders are getting profited in an average year.
The reason behind this is incapable of having much experience, guts, education, and knowledge of financial markets. Most of the average traders have no ideas about this package. This also can be affected by your stress. A stressful mind can ruin your whole plan and the profits as always. So, you have to look after your body, soul, and mind like the market.
As a trader, making a bunch of decisions is necessary while you are in trading. And you have to make them fast. It's possible that it will not be easy and you have to admit it.
In research we found, 10 out of 5 admit that the pressure is feasting tremendously. For that reason, around 75% of traders are quitting in the first two years. And it is for sure that those who are not able to control the pressure are falling into trouble while making profits. Traders who are able to manage stress are eligible. Unless you are capable, the stress will eat your performance.
Why Is Trading So Stressful?
Stress can happen with every little change that connects to your brain. Like insomnia, mental pressure from surroundings, laziness, and so on. Some research says, your personal issues can affect your trading while you are deep into it. Also, your premature trading causes trading stress.
Overall, any kind of abuse from the body, mind, and soul can affect.
Trading Stress: 6 Best Solutions To Reduce It
After introducing trading stress, it's time to move to the part of how to control your trading stress. It starts with--
☛ Exercise That Heals
Exercising can heal your boredom and laziness from your mind and body. While you participate in physical and brain sports, it helps increase your blood circulation rate and boost your memory that connects you to your GO TO option. The best option will be swimming, jogging, yoga, and mind games that refresh your mind.
In addition, you can also focus on Gym.
☛ Two is Better than One
Always try to make friends in the trading community. If you have a virtual friend, it's also fine. Try to engage with them and share your results, strategy, and trading plans. It will increase your trading friendship and make you learn more than you researched.
Whenever you lose a trade, you can share with your friends and resist loneliness which shows you are not the only one who loses trades. You can find lots of communities in your region. In that case. you can contact via online.
☛ Multitasking May Break You
It's a common fact of every human that multitasking can make me more accessible, intelligent, and powerful. But it can cause several issues that we ignore. Research says, during multitasking, our mind is in an overloaded situation and can shift its attention into another object. While you want to focus on two things at the same time, it automatically focuses on one thing more and one thing less.
That's why both scenarios get worse. We suggest that we focus on one thing clearly and then try another. In this case, if you can understand one chart pattern perfectly at one time rather than puzzling with two, it will be marvelous. It will make you more specialist in a specific skill swiftly.
☛ Keep Calm And Wait
Once a great man said, "Success is not final; failure is not fatal: It is the courage to continue that counts." -- Winston S. Churchill
Novice traders always think that trading profits can be found within some quicken days. The market is not an easy place you think. Profitable trades come with lots of attention, hard work, and skills. Until then, you have to wait with your plan.
☛ Better Half is The First Priority
It's better to spend time with loved ones. Psychologists say it helps to improve your mental health, boost your performance and increase your confidence. Try making a schedule while you are deep in trading. Otherwise, stress can be harder than before.
☛ Mistakes Are Good Sometimes
By falling in trouble may help you to treat better next time. You may have heard that no pain no gain. Like that, if you are not comfortable with losses, it will be worse in future trading. You have to accept the losses and learn from them. So that, you could handle it in the future. Remember, every good trade has its own back story.
So, stay calm.
Trading Stress Infects The Performance
Probably, every guy thinks that stress is weak for those who make lots of bucks. One way, it proves the truth. But managing your stress will affect your money-making skills.
Your hormones are playing a vital role when you are facing these issues. The research found that traders who have high testosterone are good at handling this kind of problem.
But it runs until a certain point. When your testosterone is making high moves, a new hormone (primary stress hormone) called cortisol comes out. Cortisol is mainly affected by "uncertainty, puzzling, and the situation of innovation" which is created when you are in trading. This hormone takes effect deeply in anxiety and unappealable decisions that can harm your trading moves.
What Pulls Down Traders in Trading?
Despite having lots of objections, trading is an amazing career. Part-timers have really enjoyed their activity while doing both. But in both scenarios, one thing is common, that is, controlling the temptation. Though there are lots of opportunities, it's hard to resist trading as well. It's the complete game of thrill, dive, and advantage.
The most interesting part of trading is the profit. When a trader reaches his level and gets on the cliff, it surely makes possibilities to get higher or lower. Their trading strategy and plan are required to get the best feelings.
Moreover, a career trader must keep in mind that their day-to-day requirements are based on his trades. But when the week closes with some fresh profits, then the story gets its worth. That's the common situation of every single trader.
The Bottom Line
Finally: How to Manage Your Trading Stress?
1. Watch your position size
2. Don't set unrealistic goals
3. Be more aware of your self-talk
4. Don't put too much weight on one trade
5. Have a routine and plan
6. Have a life outside of trading
7. Accept and embrace loss as part of the journey
In 2021, trading has become one of the most favorite careers in the world. It builds your career gently as long as you will take patience.
So, take your time with your loved ones and family. Make a routine for your exercise. Share your trading status with your trading buddies and collaborate regularly. And avoid multitasking and keep the focus simple. Finally, secure your capital and make trading upon strategy and skill instead of luck and emotion.
Hope this guideline helped you to better understand "how to reduce your trading stress" in online trading!
Best wishes for your trading success