Tik artimiesiems draugams.
Wednesday, April 14, 2010
Another important part of the trader’s mindset is to incorporate balance into your life and into your trading. While it is important to be a focused trader and also one that is focused in pursuit of proficiency, there is a line in which focus can become obsession. Do not cross this line! If you find you are becoming obsessed with your trading, then it is time to pull back and take some time off. Relax regularly to avoid becoming obsessed with trading. If you are not balanced, work on being balanced. Make yourself devote time to your relationships outside of trading. Go to the gym to improve your health. Do activities that you enjoy besides trading. And don’t forget to relax. A well balanced skilled trader will win more than an obsessed skilled trader nearly all the time because their bodies are more relaxed, less anxious, and less susceptible to negative emotions such as fear and greed which cause poor trading.
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