Discussion in 'Psychology' started by aphexcoil, Oct 16, 2002.
How about diapers?
I just yell.
I compare the trading profession to that of Doctors and Pilots. Either you can take it or you can't. Trading (futs especially) is Life or Death for your account balance, if you're in doubt my advise is change professions now!
I find having some method of relaxation helps me. This pertains to just about anything. Whenever I'm in any situation that'll make me nervous, I like to close my eyes and take deep breaths. I visualize myself accomplishing the task successfully. Having a routine helps a lot too.
What, a brain can access several chunks of different data?... in my case 3, so anxiety can take up a good chunk of your thought process. I just like to concentrate/visualize on what I want to do, and this helps me forget about my anxiety.
hope this idea interests you,
I am not familiar with PDT rules. But Darkhorses "trade smaller" advice seems to make the most sense.
Are the minis exempt from PDT rules?
I always advise newer traders to refrain from trading the first 20 or 30 minutes in the morning if they do not have a real plan. I think it takes that long (at least) to get a "feel" for the market.
Also, the suggestion to "take a walk" is great. After a trade, good or bad, it's a good idea to stretch your legs and unwind your brain.
No coffee...can't hurt. Beer, terribel idea. China white while relaxing you for sure may affect your trading, but at least you won't care (especially if you are dead)
Trade less, trade small, get comfortable. Remember you are learning from your mistakes. Stay positive. Money is about the only replenishable resource in life.
Think about going with a prop firm. You will get more buying power and should get some input and risk management oversight. There is a cost, but you get what you pay for. I have never traded my own funds and I wouldn't. But each to his own.
Yes, the minis are.
hit the gym
get a spotter and go as heavy as you can doing 1 rep max
the endorphine release should do the trick
Treadmills with LCD screens hooked up to DSL lines so you can run and trade -- now that's an idea.
Wow, that would be funny.... Day trading and exercising...... Interesting....
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