How you deal with the Stress and Anxiety?

Quote from ammo:

80 % of the stuff we worry about never happens,so right there you can cut out 4 out of every 5 things you are worrying about,


What’s that old saying;

Doesn't matter what happens, only how we respond

======================


(Not directed toward Ammo)

All stress/ anxiety/ whatever – is internally generated…, fostered…, nurtured..., amplified

Learn how to get over yourself



Coping mechanisms can span the spectrum – from exercise/ healthy habits…, to alcohol / drugs…, to suicide

Best to cure the source, become unencumbered, then move on (and live each day to the fullest)


Like I said; learn to get over yourself... Hell in the end, we all end up as dust and an afterthought anyway

jmo

RN
 
Anyone who says this doesn't trade. You can't operate in this business without stress, which leads to anxiety and depression if you don't know how to deal with it.

Quote from kmgilroy89:

I have no stress, ice in my veins. After all, it's only money.
 
Quote from the1:

Anyone who says this doesn't trade. You can't operate in this business without stress, which leads to anxiety and depression if you don't know how to deal with it.

I'm 23 and still live at home. I haven't felt that threatened yet. That helps.
 
This is a great question! I started trading in my early 20's and traded with a bonafide Prop Shop in Chicago after finishing my degree in Quantitative Finance. At that point in my life I felt the stress of trading but I was young enough that it either didn't affect me or if it did a few beers after the trading day took care of it.

As I aged I was unable to work the stress off the way I could when I was younger. Drinking wasn't the answer because it eventually led to more stress.

Thee single, most important thing you can do is exercise before and after your trading session. Whenever I exercise I feel a great physical and psychological rush. This is a great way to begin and end your day. Exercising before the trading session prepares your body for the stresses you will feel during the day and exercising afterwards sheds the stress you carry with you during the day.

As time went on I added meditation to the recipe and that helped tremendously! A healthy diet with plenty of fruits, vegetables, healthy proteins, and omega-3 fatty acids can't be emphasized enough. I follow the Zone Diet religiously.

It comes down to learning how to keep your body in top physical shape because trading is a physical and emotional battle. What would you do if you were a professional boxer, for example? Would you work on getting your mind and body in top physical fighting shape? Certainly! The same goes for trading. Train hard, trade hard.

Quote from bat1:

The Stress on your body from trading thousands of dollars a day
and making mistakes that cost money must age the body by 40
years I'm sure..then you still got to worry about the I.R.S and Taxes and on top of it all the there talking about a new transaction Tax
on the hill ...


HOW DO YOU DEAL WITH IT?


My Anxiety levels and gone though the roof the last few months
and Tuesday I'm seeing a doctor my neck seems to be getting
swollen and I seem to get heartburn very easy these days and I can't sleep well..need to always keep checking the markets.
 
Quote from Handle123:

Sounds like your positions are too large, cut back till it is much less. Take some out of your trading account and buy some annulities. I always buy a few gold coins each month for past 30 years, dollar cost averaging.

You can't change what is in other people's hands. I have been hearing about different taxes for 35 years, there are always loopholes. You just learn to adapt and work around it. Move to a income tax free state, that can save to you a bunch too. I love California, but not going to let them nail me for 10%?

Take a vacation for a month.

- Handle's suggestion is a good one.

- Also, consider trading the way Cornix does. My understanding is that he trades NQ near the opening for only about 2-3 hours each day and he has been very successful with that approach.
 
Terrific perspective. This reminds me of the time I started a Hedge Fund. After my first trading day I was down 1.5%. I finished my first month down 3%. This weighed on me heavily because I wasn't losing my own money, it was someone else's. Had it been my own 1.5% loss I probably would have recovered it the next day.

I had a conversation about it with one of my trading buddies and what he said was, "10 years from now no will remember." This is along the lines of what you summed up and taking that perspective helped tremendously. It took me 6 weeks to get that 3% back but one I did I was off to the races. Since that time I've taken my share of lumps and investors have come and gone and 10 years later...no one really remembers.

Quote from ammo:

80 % of the stuff we worry about never happens,so right there you can cut out 4 out of every 5 things you are worrying about,look on a globe and try to find the faulklands,now try to find your house,yourself,your neighborhood,the neighbor who hasn't returned your lawnmower,can't find any of those,well they must not be as important in the big picture as you think,what he thinks ,or you, doesn't really matter in the larger scheme of things,sun will be up tomorrow,rain ,snow will come and go,we are all just a miniscule part of a big planet,which is miniscule in a big universe,we are like one grain of sand on all of the worlds beaches,so throw out all your me based beliefs and go with the flow,can't beat ,join it,or tell the busdriver to stop here,you want to get off..if your symptoms are possibly chemicaly based,you could look into a healthy diet,give the body and brain only what they need and cut out all the toxins, get some daily muscle use for all groups and see what's needed after that
 
You don't think a heart surgeon feels stress when he/she loses a patient, or flirts with losing a patient when something unexpected goes wrong during the surgery?

I've been good and long many markets when something happens to cause the market to take a shit and blow right by my disaster stop, triggering a market order to exit at any price while I sit there and wait for my execution.

It causes a fight or flight reaction that's difficult to control. In my case it's usually a fight reaction. I got creamed in the crude market a few years ago on unexpected news and I couldn't get out of the position. When I finally got flat I was determined to get my money back. I ended the day up $600 and when the closing bell rang all I could do is sleep.

A heart surgeon who battles to stop unexpected bleeding and spends 8 hours in a surgery that's expected to last 2 hours will be flat out exhausted following the unexpected course of events. He/She has no choice but to stay the course and fight for the patient's life. Same goes for trading.

Quote from mspkash1:

Can you imagine a heart surgeon saying that surgery is so stressful given its a life or death for the patient?
 
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