However, one crucial aspect of the preparation is always overlooked, that is emotions! While analysis is crucial, so is the state of mind before we open a trade. Here’s a brief check-list of the most important points you should pay attention to while getting ready for trading. 1. Take care of the basics Being at your best physical capacities has proven to be a direct influence on your emotional state.
According to the theory of Abraham Maslow, your needs are divided into chad business email list five different categories that form a pyramid. At the very bottom of it, you can find everything physical. Until those needs are met, you can’t fully function at higher levels. In other words, make sure you cover your basic needs before getting ready for a trading session. Have a good night rest, eat, stay hydrated, dress comfortably.
This way, you won’t face any unnecessary irritation or distraction that may come from being tired and overall, physically uncomfortable. 2. Set the neutral mood It goes without saying, trading when you are in a bad mood is not the best idea. On the other hand, being overly happy, energetic, or enthusiastic won’t do you any good as well. Falling from one emotional extreme to another can make you act differently from your usual behaviour pattern without you even realising it.
This way, you won’t face any unnecessary irritation or distraction that may come from being tired and overall
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