When traders start out, it's completely overwhelming the amount of things to learn and suck in. The simple to the most complex: the computer, the trading software, the markets, the strategies, indicators, psychology, capital, time. On top of that, traders have to deal with their family and work. Investing is just not about buy, sell and hold but the burden and challenge of dealing with everything and everyone. All this brings major stress that will affect trading.
Trading is a very stressful work but not balancing them can be counter productive. An athlete cannot train continuously 12 hours a day. He needs time away from training to concentrate his mind on other activities in order to stay relaxed. A new trader is so obsessed with trading that sometimes he can go relentlessly day after day with long hours that eventually he burns himself and not knowing it.
Due to the fact that trading involves money, many traders want to make as much money as much as possible and as quickly as possible. This may involve spending as much time as possible to learn and master the skills. He may spend long days for months if not years, weekends included, disregarding family, work, or social life. This can be hazardous to one's physical and mental health. When the other parts of life are left uncared for, eventually the trader will begin suffering by making losses. He may not notice it in the beginning but little by little, the stress from outside of trading will start setting in. Before he knows it, his performance suffers, productivity and profitability reduces. Successful trading requires healthy and balanced mind and body. Has anyone ever seen a drunken successful gambler in Las Vegas?
So what how does one gain and manage healthy mind and body? Many successful and experienced traders have come to realize that trading is a marathon and not a sprint. If it is a sprint, then he can try to make as much as possible thinking he'll move on to something else. Usually this is the option of the new traders thinking in short term as he overtrades with high leverage. This is usually the path to blowing out the account. But experienced traders want to stick around to trade until he retires or until his dying breath. So a marathon requires conservation of energy by keeping a steady pace, one step at a time. Little by little, as he gets more experience, he can step up the pace when he gets accustomed to the stress level.
There are many ways to keep balance in life and trading. Many devote small hours each day to learning the skills without intruding into other areas of life. In addition, he may spend weekends devoting to it when the week days impeded him from dedicating time to it.
In day trading, the trader may meditate, pray, or use other visualization or relaxation techniques to prepare for the full day of relentless stress. This is to erase the mind from other outside factors, pleasant as well as unpleasant. As for physical activity, the trader does exercises such as walking, jogging, weight-lifting, team or individual sports to keep the body fit. Not only will physical exercise maintain healthy body, the mind tends to relax and concentrate on things other than trading. Too much of a good thing can be bad. Most workaholics end up with some kind of stress-related syndrome or illness that leads to early retirement or heart condition as they get older, shortening their life span. Those who pace themselves carry a happier and healthier and more productive life than those who don't.
In trading, with money at stake, this is especially important. Every ounce of emotional and mental condition must be preserved and cared for. If not, the cost can be dear.
The reliability of memory is still a question as in most cases it is distorted by suggestions. The certainty of memory depends on the encryption it had on the mind of individual and the duration too. As we mentioned earlier that diminishing memory is a result of neurons malfunction, there are three ways that can help us identify factors that can stimulate or memory. We should figure out ways to stop neurons from dying and stimulate growth of new neurons and by getting to have the existing neurons function efficiently. Memory i.e is chemical compound known as Ampakines enhances neurons functioning. Other ways generic ways to improve memory is to start taking memory training and practicing games such as cross words, brainteasers and other memory exercises. Apart from them consuming healthy diet rich in Omega 3 fats and antioxidants also helps. Five small meal patterns should be followed as it prevents blood sugar from lowering i.e the primary source of energy to the brain. Jogging and brisk walks helps in blood circulation and have been proved to reduce the risk of Alzheimer disease. Getting proper sleep and stress reduction helps curtailing the production of cortisol in our body that harms memory and is known to shrink memory center in brain.
Regular practice helps us give a jog to our memory that is as fruitful as the physical jogging. We should let our brain run thru as many facts it retains and associate each with some picture, color or number to make it easier for recall. But accuracy of recall depends on proper functioning of three aspect of brain that part that form, stores and receives memory. At times dreams are made of distorted memories we usually club our experiences with a particular memory creating a new situation altogether.
People who have suffered head injuries or suffer any kind of pain otherwise tend to be more forgetful according to one of the studies. The study goes on to suggest that chronic pain leads to brain shrinkage and degradation of neurons. People with emotional distress and chronic pain are more susceptible to brain atrophy. Varying pains have varying effects on brain and affects different regions in our brain. Such conditions can be improved and memory can be improvised by realistic psychotherapy and medication.
It is often observed that we remember traumatic events better than happier moments. It is associated with a certain type of protein produced in our brain while we go thru that experience and makes it embedded in the long-term memory zone of our brain. These proteins help in strengthening the connection in neurons acting as a catalyst in memory storage. This study is being used now to improve memory conditions by treating our brain with the same kind of protein to make our memory everlasting. Another study goes on to prove that zinc helps to improve memory especially in children. This study has been used at the grass root level by more health drink and medical supplement manufacturers who target their zinc fortified drink, cereal and nutritional supplements to adolescents.
There are ayurvedic cures in the market that claim to guarantee similar results like "Memocare" the product is a mix of herbs that promises to reduce stress and anxiety. It also promises to accelerate brain function and improve memory. There are hosts of other companies too offering similar promises like Brain quicken that claims to be effective in one hour but it mainly targets to improve short-term memory. Its constituents are a complex mix of nutrients and other propriety constituents.
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Larry Swing has sinced written about articles on various topics from Finances, Investments and Finances. Larry Swing CEO & Head Swing Trader theboss@mrswing.com +1 (281) 968-2718 Yahoo & Skype ID: larry_swing. Larry Swing's top article generates over 110000 views. to your Favourites.
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