Tuesday 14 January 2014

SIGNS OF STRESS IN TRADING

Markets have been particularly volatile recently, at least for day traders and day trading can create a significant amount of stress. Because our bodies are designed to adapt to stress, we may fail to realize that we are stressed out.
Here’s an inventory of common trader behaviors that may signify excessive stress.
12 Signs of Stress
1. A vivid fantasy of making lots of money today.
2. Feelings of invulnerability.
3. Eating breakfast or lunch at your trading desk.
4. Hyper  focus on price bars as they form.
5. Talking out loud to the market.
6. Bargaining with the market about an open position.
7. Cursing at the market.
8. Expressing irritation at partner, kids, pets, plants, inanimate objects.
9. Sudden urge to increase position size or frequency.
10. Canceling or moving stops for no good reason
11. Adding to a losing position.
12. Trading in your underwear !
TIP: Stress degrades decision-making. If you are stressed out, shift your focus 

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