Day Trading & Forex Forum

ivorm

Well, I guess we all know that trading can be stressful (to say the least !).

I'm interested to know how people cope with the stress. Is there anything that you do to try to reduce or manage the stress ?

Regards,

Ivor

trendie

once a trade is on, the stress occurs when I focus too much on the twitchiness, and get flustered.
I reduce that by distracting myself from the trading screen by writing wind-up posts on random threads. oh yes I do.

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If the only tool you have is a hammer, you tend to see every problem as a nail - Abraham Maslow
There are 10 kinds of people in the world; those that understand binary, and those that dont. -Anon
Warning: May contain nuts.

rols

I consider this kind of behaviour to be despicable and to be wholeheartedly encouraged.

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The future ain’t what it used to be. Yogi Berra.

Mr. Charts

It gets easier with time and experience. Start with small position size and decide BEFORE the trade where your exit will be if it goes against you. Strictly adhere to that, no matter what. That reduces stress because you are in control.
Once your trailing stop system instructs you to exit a trade, do so without hesitation.
In time gradually work up your position size provided the parameters of success you set yourself are achieved first, e.g. win/loss ratio, ave win size/ave win loss and so on.
Richard

__________________
Mr. Charts
Full time US Share Trader

To see just one of the ways I trade for a living:

http://www.trade2win.com/boards/us-s...g-markets.html

and a bit about my background and how I trade in a T2W interview:

http://www.trade2win.com/knowledge/a...hard-joyson/?r

Mr. Charts

I'll put an example of one of my trades this afternoon on another thread
in a few minutes to illustrate how I control trades to minimise stress.
Richard

__________________
Mr. Charts
Full time US Share Trader

To see just one of the ways I trade for a living:

http://www.trade2win.com/boards/us-s...g-markets.html

and a bit about my background and how I trade in a T2W interview:

http://www.trade2win.com/knowledge/a...hard-joyson/?r

TWI

Strangling animals, golf and mast*rbating

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"I refuse to tiptoe quietly through life
only to arrive safely at death"

Mr. Charts

Here's the link:
http://www.trade2win.com/boards/show...&postcount=135
Richard

__________________
Mr. Charts
Full time US Share Trader

To see just one of the ways I trade for a living:

http://www.trade2win.com/boards/us-s...g-markets.html

and a bit about my background and how I trade in a T2W interview:

http://www.trade2win.com/knowledge/a...hard-joyson/?r

jiggly

you will significantly reduce your stress by beleiving your system/strategy and the probabilistic outcomes of individual trades within it.

once you fully accept that the future is unknown then there is little to get stressed about.