As a trader, you must be familiar with the situation: you took position with indicator signal. The price starts to go in your favor - but then something strange happens. The price slips your against your entry point and rushes sharply in the opposite direction. If you don’t put stop-loss, immediately a thought appear: "well, maybe the price will come back?". You are now riveted to the terminal, sweating, your heart palpate. Price meanwhile goes to your pain threshold and you curse everything in the world. And then, lo and behold, in half an hour (half day) price shot to original position. There comes a sense of calm.
Let's look at this situation statistically. What happens if we regularly act on such a strategy (which is actually the strategy), i.e., outstay losses and cut profits, closing at the entry point? What if comes a time when the price does not return to the initial level.
- Are you stressed?
Stress leads to the emergence of muscle clips in the body, the market hits us and it is a natural reaction of the body. This is true, but our response is designed for one-time effects, we do not sprinters on the market, and marathon runners, long-distance runners. Therefore, this reaction leads to the accumulation of fatigue and haggard.
- What are the causes of fatigue?
Another interesting psychological observation: for example, after long standing in traffic jams, we used to drive with much higher speed than usual. This function is automatic compensation from the body. At the market, this is reflected in the intuitive trade, overtrading after receiving the "moose" or a series of "moose" - losing trades.
Market is a river, where we sit with a fishing rod and catch a fish. And the fish - it is existential being - it either exists or it does not exist at the moment in this place. Manically throwing bait does not work.
That's the next time you want to "win back" - remember the story of cork, about the fact that it is not conscious, not a constructive solution to add speed, and unnecessary and harmful reflex stereotype.
- Are you trying to win Back fast if yes then you are on tilt.
Take a tilt break. Keep piece of paper next to the terminal, counts the number of times you broke the rules. If you violate own rules more than three times, close the trading and close the terminal. Stopping the trade would save much more money than losing.
There can be another way to escape the tilt: fully automated trading and not "tied" with manual trading.
Simple rule: do not endure the losses the next day saves a lot of money. If you are not able to kill a "moose" - close at least half of a losing position. (And then another half &hellip.
Well, the important thing to recognize tilt, without help, you will be constantly in a state of relaxation: then the state of tilt will not be uncomfortable. How to achieve relaxation is described later in this article.
- So Relax. Here is How?
Traps with relaxation are that you cannot relax your muscles and jaws, of course, if you are not a yogi with a decade of experience . Fortunately, there is such an effective method: to relax a particular muscle or muscle group, you can pre-stretch them for a few seconds and release.
Some of the question: "how to relax?" When I do not strain?. This is a fallacy, and relaxation is necessary to alternate periods of stress. A man who "is not strained," or the whole day, "did not do anything and tired" - tired of idleness. This is also an important task for the trader - the self-organization.
So, which of trader’s muscles need relaxation the most?
First of all, it is the muscles of the neck. Playing badminton perfectly relaxes the muscles of the neck. In general, half an hour or an hour of badminton is much more interesting and gives a far greater effect than to sit and nod your head like a Chinese idol.
Next are the muscles of the face. Useful exercise is to "pull faces". You can pull faces to the market. Another very powerful relaxation of facial muscles gives yawning. Suffice is to yawn several times and feel a very deep relaxation of the face.
The exercises for the whole body - this is again to alternate stresses of different muscles for a short time. Excellent effect gives sipping. Also useful is rocking chair. If you do not have a rocking chair from Ikea, the rocking can be replaced by a bear (from foot to foot) walk.
Good idea - to pick up a rhythmic music that you like, and do the exercises with it.
A hot bath in the evening before going to bed, douche in the morning, swimming pool, swimming - everything is very good and at the same time relaxing. Gymnastics is useful, but does not give sufficient relaxation of the back muscles.
Walk in the fresh air is also very helpful in relaxing.
Referring to the workplace of the trader: anxiety and nervousness occur if the room a lot of dust or trash. It is must to do the cleaning and put an ionizer and humidifier. Also, the trader should give up caffeine. Caffeine causes the adrenal glands to produce adrenaline.
In general, stress - it's just a habit.
Instead develop the habit of relaxation. It will take two weeks of daily exercise which I have described above. I hope that by reading this article, you will realize the importance of relaxation, as well as what specific steps to take to get from long-term stress.