Today, let's talk about a simple yet crucial thing in trading psychology—taking breaks. In trading psychology, one big idea is that the challenges we face as traders depend a lot on our current state. Sometimes, we're focused and make good decisions; other times, we might react poorly due to stress. This is where mindfulness comes in handy for successful trading.
So, the main idea is to be aware of our state to change it. Mindfulness helps us focus on ourselves. When we're deep into trading, we're really into it, but too much self-focus is not great. Taking breaks during trading isn't just about reacting when things go wrong; it's also about checking in on ourselves regularly. We want to make sure we're in the right mental and physical shape for good trading.
In simple terms, set a random alarm. When it goes off, it's a sign to take a step back from trading when it's convenient. Ask yourself if you're in the right mindset for good trading. Take a break away from the screens, shake off stress, and refresh your awareness. When you come back to trading, you're not just back with a clear mind but also with a new perspective.
