If you could think of one word to describe the work environment it would likely be stressful. The high-stakes and pressure-filled situations that make up a traders life can make this job one of the most difficult and demanding jobs in the world.
However, the stress that comes with trading shouldn’t just be accepted as a part of everyday life. This unaddressed stressed can impact quality of life and lead to a number of serious health issues ranging from high blood pressure to heart disease. Furthermore, people who live high-stress lives are more prone to overeating, psychological issues and emotional instability. In short—your stress can make your life very unhappy.
While there isn’t much you can do to completely remove the “stressful” elements of the trading market, there are things that you can do to better manage the high-pressure situations that come your way while trading so you can live a less stressful life.
This all begins and ends with mindful meditation. If you haven’t yet tried the simple act of mindful meditation, here are a few ways you can start using it to improve your life and lower your stress so you can be the best trader possible.
Getting Started With Mindful Meditation
For most people who are new to the idea of mindful meditation, getting started may seem like a challenge, but it really is quite easy thanks to the number of resources that are out there today specifically on mindful meditation.
The great thing about getting started with meditation is that it is so much easier than most people assume. In fact, there are even apps and websites that are designed specifically to help people learn how to relax, unwind and release the mental tension and stress that is holding them back.
This includes sites such as Calm. This simple, mindfulness meditation app was created to help teach people how to calm their minds, so they can increase awareness and develop more concentration. It also helps people develop a greater awareness of their emotional habits and thought patterns.
Whether you use an app like this or any other mindful meditation tool, chances are you will find that with regular mindful meditation, you will start to develop a sharper mind and you will be able to concentrate more as you learn to break bad habits and avoid distractions. For dedicated traders who want to make the most of their time and of their trading efforts, there is no better tool than a sharper mind.
Imagine being able to block out all of the distractions of phone calls, background noise, emails and the pressures of the world around you to just be able to focus on the trade you are about to make. It would make a great deal of difference not only in how long you are able to dedicate to trading but how effective you are while you are trading as well.
A Stress Lowering Tool
Nothing will take stress out of the life of a trade quite like being better and more efficient at trading. However, this isn’t the only way that mindful meditation can help with trader stress. Studies have found that those who regularly practice mindful meditation can actually lower their blood pressure and report to experience less stress and anxiety.
The great thing about mindful meditation as a stress-lowering tool is that you can do all types of mindful meditation to lower your stress, beyond the apps that are available today. Every person is different and every person handles and manages stress differently. This is why it is so smart for traders who want to see the stress-relieving effects of mindful meditation to try some other mindful practices as well, until you find the form of mindful meditation that actually works for you.
Mindful Breathing is one option. Just taking a few moments between trades or in the middle of the day to take five, deep mindful breaths. Pay close attention to your breath and where it goes in your body as you breath in through your nose and out through your mouth. It only takes a few seconds, but it has an amazing ability to help you refocus.
Mindful Walking is another way that many people find a way to incorporate mindful practices into their everyday lives. Chances are you are going to be walking quite a bit during your day, even if it is just through your office, or through your home. Start practicing mindful walking by paying close attention to every step you take with sincere awareness, just as you do with mindful breathing. It is a nice refresher for the middle of the day and can help clear the mind and refresh the body.
Living in the high-pressure world of a trader is going to come with a number of unique hurdles and challenges. However, those challenges don’t have to become stressors if you start incorporation mindful meditation into your everyday life.