High blood pressure, hypertension,anxiety,and depression are the four most common things in everystock markettrader. Yes, it isone among themost demanding job in the Wall Street next only to investment banking. Due to this very reason, it is believed that 80 per cent of newbies in the market quit trading as soon as they enter.
However, a winner breaks all the barriers, goes the extra mile to clinch his/her goal. And there is one thing common among the remaining 20 per cent i.e., fitness and wellness routine.7thApril is celebrated asWorld Health Day;on behalf of thatlet us explore how a healthy body and mind is equivalent to healthy trade.
How a healthy trader makes bettertradegainsand better analyze?
Stress and anxietyleadto high blood pressure,depression,and eventually unhealthy lifestyle habits (addictivebehavior). By overcoming this stressful situation, a trader can optimize his/her decision-making capabilities.
Experts suggestthat a fitness and wellness routine will optimize the performance ofemployeesand make them successful. On that note, here are some situations that astocktrader can optimize withgoodhealth.
On a daily basis, astock markettrader requires to keep up with the global markets and look at the macro picture in a few minutes and execute trades. This means in certain cases, not only a single moment for the stipulated time, the trader is free of stress. In this case, a fitness and wellness routine will allow the trader to think rationally and calmly.Traders can choose the best-case scenario seamlessly and execute trades thatcould bringenoughreturns totheir clients.
24-hoursmarket andagoodsleep
A trader/investor is said to begin his day as early as 4 AM and start looking at the pre-trading sessions before the market opens at 09:15AM. Even though, it closes at 3:30 PM, closing prices are determined post that.And, some traders keep an eye on international markets too, which keeps them awake in wee hours.Due to this, several traders lose 6-8 hours of sleep, which they are supposed to get like any average individual. According to astudy, sleep enables tradersin optimized decision making.
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Keeping nutrition in check
Traders will suggest variety in terms of investments. For example, he/she might suggest investing in equity, derivatives, futures, and other financial instruments. Similarly,tradersmustlook at their nutrition and consume food that has a combination of all thesecolors.Thiswill mean consuming different vitamins, anti-oxidants, natural bioactivecompounds,and a lot more, according to areport. This variety will keep the trader live and active throughout the trading session.
Positive state of mind
A common trait among a major chunk of traders is the lack of a positive state of mind, which leads to poor decision-making. In turn, this leads to losses and lower work morale.According to a Harvard Business Reviewreport, it is believed that someone with a positive state of mind might deliver 80 per cent more than expected.However, with a positive state of mind one can make a rational decision that leads to increased profitability. Overall, this makes them focus on their work positively and stay afloat longer.
In conclusion…
Health is the real wealth continues to be the most reveredphraseeven in the current times. Even though trading is a platformfor making large profits, it consumes traders mentally and physically eventually impacting their performance too. Hence, for better performance of traders, fitness,and wellness must be a routine.
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