What might be seen as the laziest job in the world – trading – is actually the most demanding job on the earth. Gazing the chart, analyzing prices, drawing down plans, executing them, and lastly, the patience to see it through till the end. There is no ounce of physical work involved, but it sucks out the last ounce of mental stamina left in you. And how can you cope with this demanding job? Here are some tips.
3 Tips to get rid of Mental Exhaustion
1. Give yourself a break
The market is open all day. But you can’t be in front of your system all day. Take a break and go to your window or garden (if you have one). Forget the goods and bads the market threw at you and live the moment. It can be as little as 10 minutes, but it soothes and brings calmness into you.
2. Speak your problem out loud
Stress is the common cause of most problems. And when you lose money in the market, you can’t say it out to your family, which piles up to your stress level. This state can only aggravate your problem. But, speaking it out loud brings more good than bad. It relieves you from stress and helps you perform to your full potential. If you can’t confide in your family, then find solace in a friend or a professional.
3. Take Guard
When you don’t know what’s happening around you or succumb to losses, you lose control over the situation. As a result, you tend to work more than you have to, which exhausts you. So, give comfort to yourself. Set smaller goals and make yourself a winner often, which could help you gain confidence. Wake up early, prepare for the day, and then put a plan for the trades. The routine saves you energy during the trades.