As we know it is not just chart analysis or strategies that bring success in trading but there are other physical-psychological π¦Ύ factors also that silently act in the background and can enhance trading efficiency.
In this post I have tried to throw some light on the daily schedules β° that can help traders to improve their trading performance β
β After-Market Slow Down π
>>Traders burn their veins watching every single candle and every tick on the chart. This leads to eye strain as well as brain fatigue. >>A two-hour rest after the market close is essential to rejuvenate yourself for family keeping.
β Evening Preparation π
>>Its difficult to search and plan your trades during live market. Therefore you need an hour or so to look into your charts, before supper. >>You may take help of screeners or shuffle through every chart on your watchlist to plan your trades.
β Deep Slumber π΄
>>Sleeping improves memory, boosts immune system, strengthens heart and increase productivity. >>For having a sound sleep of 7 hours or so, stay away for your mobile and laptop screens after 9 O'clock. Spend quality time with your family and kids.
β Overnight Adaptations π
>>Wake up early and move out in the fresh air if possible. >>Do some jogging, stretching, exercising. >>After morning activities, watch out for any change in sentiment that happened overnight due to western markets and see if you need to modify your plans.
β Meditation πΌ
>>Now that everything is almost done and there are still 15minutes or so in the market open, just sit in a relaxed physical state and concentrate on your breathing. >>Meditating this way for a few minutes may help for more effective execution of your plans.
β Plan Execution π€Ί
>>The market opens and its now time to put your plan into practice. >>If your analysis was correct, there should not be any hesitation in executing your trades. >>Always mind trade management and risk management.
Thanks for reading. Hope this was helpful!!
Do like and comment for more such posts in the coming days π Bravetotrade
sir can you pls tell how to cope with anxity as a new trader?
Bravetotrade
β
@swagatopain04, First you need to find the reason for your anxiety. Is it because you miss trades or You take trades too early or You get stopped out too often.. etc After that you can find a way to cope with it.
One important thing, I learnt it the hard way that as a new trader it's difficult to make money. I paid a lot of fee in terms of losses before I started making money. So it's not an overnight process.
Thank you for your valuable contribution to the Tradingview community and keep up the good work!