Stress damage to traders

[SnakeEYE]

Quote from Kendall:

Jesse Livermore killed himself.

When i`ll make the kind of money he made,i will forget about trading.Maybe i keep some small amount just for fun

 

[paysense]

Quote from paysense:

. . .more trend following (if anyone's interested) -

http://www.elitetrader.com/vb/showthread.php?s=&threadid=209389&perpage=6&pagenumber=1

 

[oilfxpro]

Quote from Ghost of Cutten:

If you have ANY stress at all, then you are trading too big. Reduce size until you have no stress.

Trader could get stressed for many other reasons

Example:Weekly bread winning targets have to be met .This target alone can get the stress sirens going , and resulting in stress related chemistry activation.

Uncertainty of markets and trading volatility can trigger stress .

 

[AK100]

Trading and 'stress' is often somewhat of a cliché.

Some will suffer from it but many more will think they do because it's somewhat fashionable. A bit like bi-polar which is extremely fashionable right now especially among celebrity fuckwits.

Anyway, consider this. Many, many successful traders operate with little stress and pressure.

 

[cornix]

Stress is an indicator. Too much stress shows you that something is wrong with your trading, that you are not confident enough in your system.

So the better you trade, the more consistent your results are, the lower is your stress.

 

[Got Franklins]

Quote from cornixforex:

Stress is an indicator. Too much stress shows you that something is wrong with your trading, that you are not confident enough in your system.

So the better you trade, the more consistent your results are, the lower is your stress.

Interesting. So its like learning anything new. At first you're bad at it and won't really be good until you have a bit of practice under your belt.

Possible strategy? Set aside some money that you're willing to lose and start trading with that for practice.

 

[Lights]

Alot of traders in NY have a strange tick in their face.

Quote from oilfxpro:

Is there any study to see results of Chronic stress in traders?What their brains look like?Are there any scans of trader's brains?

How many end up with M E , depression and heart diseases?

How does stress of losing work against you?

Scientific study on stress .Great video worth watching

http://www.youtube.com/watch?v=P7K_1XTvUz0&feature=related

http://www.pbs.org/stress/

Stress and the Brain

http://www.huffingtonpost.com/deepak-chopra/effect-of-stress-on-health_b_907029.html

Renew - Stress on the Brain

http://www.fi.edu/learn/brain/stress.html

Measuring the Stress of Financial Traders

http://www.nber.org/digest/mar02/w8508.html

The Effects of Stress on Trading

http://www.andrewmenaker.com/the-effects-of-stress-on-trading/

 

[Macho]

Quote from Got Franklins:

Interesting. So its like learning anything new. At first you're bad at it and won't really be good until you have a bit of practice under your belt.

Possible strategy? Set aside some money that you're willing to lose and start trading with that for practice.

I am not a gambler , but I will be a lot of money that you are not a trader.

 

[cornix]

Quote from Got Franklins:

Interesting. So its like learning anything new. At first you're bad at it and won't really be good until you have a bit of practice under your belt.

Possible strategy? Set aside some money that you're willing to lose and start trading with that for practice.

Our mind remains the same, no matter if we learn to drive a car or to trade... At first you stress, sometimes very seriously stress. But over time as you practice, if you do it right (in general, minor mistakes are unavoidable and OK), stress fades away and you just get used to that activity.

And I think the best way to learn is practice to trade correctly on demo (correctly here, means not even slightly more recklessly than if you traded your last money in life ), become consistent, then start on the smallest real amount of money possible for a given market and slowly advance.

 

[oilfxpro]

Quote from cornixforex:

Our mind remains the same, no matter if we learn to drive a car or to trade... At first you stress, sometimes very seriously stress. But over time as you practice, if you do it right (in general, minor mistakes are unavoidable and OK), stress fades away and you just get used to that activity.

And I think the best way to learn is practice to trade correctly on demo (correctly here, means not even slightly more recklessly than if you traded your last money in life ), become consistent, then start on the smallest real amount of money possible for a given market and slowly advance.

That is not good advice from a Psychologist , emotionless demo trading and real trading are miles different experiences.

Perhaps studies on reactive trading emotions is warranted.