What really is the solution to the mental fatigue experienced by most traders today?
Many traders are frustrated, and more seem to be carrying the mountain instead of climbing up the mountain of trading success. Trading should be easy and fun. A trader does not have to live perpetually in a reality of recurring failures as though that were the only reality in the financial market.
Let’s look at certain possible reasons why traders struggle and many others fail.
Ignorance
There is a lot many traders don’t know, ranging from mental skill to the ability to trade a system with discipline and mastery, to even the right trading capital, down to their risk and money management implementation. Trading is not a gamble, and anyone desiring success and less struggle must learn the ropes and learn them well.
You will always feel so much uncertainty and restlessness because you are left in a spot where you don’t even know where the next market move could be or that you have not even taken responsibility for the potential outcome of your trade. This can launch your mental environment into a state of unrest, forcing you to make further decisions at your peril.
Fear
Fear in itself is a negative energy that can increase your heartbeat and put you in a very frustrating position while trading. Fear-based trading is opposed to trading from a pure and positive mindset. When your decisions are triggered by fear, all you see is the object of your fear, which could be financial loss, a missed opportunity, and so on.
This experience blocks the ability for objective analysis in your mental environment and all you see is an imminent failure as opposed to any possibility of success. Even if there was a possibility of experiencing an outcome contrary to your fear, you would hardly see it because your fears have blinded your perception of opportunity.
Trading fearlessly is trading pressure-free.
Unnecessary Competition
Many traders are victims of unnecessary competition. They fail to understand that the marketplace is not a place for marathons. It is simply a level playing field where any trader has a fair chance to enter the realm of financial success.
Why set yourself up for failure by breaking rules and trading recklessly because you see other traders do the same thing? Some neophyte traders who belong to signal groups get their trading accounts wiped out because they have been exposed to the lies that success in the financial market comes from following the trade signal of some guru. It’s a pity that when their account is finally wiped out, they are left to wonder why they failed, whereas their “super guru” still runs the signal group.
Some other traders are under pressure to spread the wealth amongst friends and contemporaries just to prove a point and pressure their trading account with huge leverages until they have nothing else to play with the next day.
Being yourself in the marketplace, setting your own goals, and following your own timeline is key to a pressure-free trading career.
What Should You Do to Build a Pressure-Free Trading Career?
The secret to a pressure-free trading career is building your perception and objectivity while trading.
Stay focused on your goals and reject the herd mentality. Stay faith-filled and never make fear-based decisions. Be relaxed and never be greedy. If you do this, you will surely be fine.
