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MENTAL FATIGUE : 5 SYMPTOMS & 5 REMEDIES For Traders

  
  Education
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  1. -Symptom; You notice a missed opportunity, that would have resulted in a hypothetical massive gain.
    Remedy; You never made that amount of money. So you are day dreaming, therefore you’ll have to put effort in catching another trade. There is always another trade!
  2. -Symptom; You open a trade based on your bias and following Z Pattern trading method, yet the market turns completely around and goes south.
    Remedy; Your job is to analyze before you open a position, anything that happens afterwards is not anymore in your hands. You are not to blame, rather praised for being a sophisticated trader who sticks to the trading plan.
  3. -Symptom; You see a trade opportunity that doesn’t completely line up. Where your feelings tell you, that this is a sure winner.
    Remedy; Regardless of the outcome, you cannot trade based on your feelings and if that means that you let a few winning trades go than that is what you have to do.
  4. -Symptom; You are in a position that you believed is in line with Z Pattern trading method, but after a while you realize that you’ve been wrong. That means your perception of taking a trade at that time was manipulated by either yourself or you were influenced by your environment.
    Remedy; A successful businessman cuts losses short when he/she sees a flaw. So should you.
  5. -Symptom; You placed a trade and your Tp has been hit. However price continued for a potential far bigger gain.
    Remedy; You’re responsible for trading within the Z Pattern trading framework. 

Checklist For Traders

  
  Education
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A) Does your problem occur outside of trading? For
instance, do you have temper and self-control problems at home or in other
areas of life, such as gambling or excessive spending?

 B) Has your problem predated your trading? Did you have

similar emotional symptoms when you were young or before you began your
trading career?

 C) Does your problem spill over to other areas of your life?

Does it affect your feelings about yourself, your overall motivation and
happiness in life, and your effectiveness in your work and social lives?

 D) Does your problem affect other people? Do you feel as

though others with whom you work or live are impacted adversely by your
problem? Have others asked you to get help?

 E) Do you have a family history of emotional problems and/or

substance use problems? Have others, particularly in your immediate
family, had treated or untreated emotional problems?

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