Trading is a way of life, here’s how to make it a healthy one. Photo: Jason Briscoe (Unsplash)

Four Rules For Healthy and Successful Trading

When it comes to trading, making money is surely the only objective right? Well, sort of. Whilst we’re all in this game to ultimately make money, there’s more to life than being filthy stinking rich. You need your health and some downtime to enjoy whatever you earn from your trading, which is why we’ve put together this guide on how to trade in a way that’s both productive and healthy.

Move

It may sound obvious, but so many of us ignore advice to move out of our seats every now and again. The British Heart Foundation recommended that we get up and stretch at least once an hour, to help keep our circulation flowing as it should do. If you’re not reaching that goal, then make the change. Set a timer on your phone and when it goes off, it’s time to stand up. Touch your toes, stretch your arms to the ceiling and circle your head slowly. Stretches done, you can get back to work, knowing your posture will thank you for it.

Break For Productivity

Making time to totally switch off, if possible during your working day, but if not then at the very least at the end of it, makes a big difference to your productivity. Nobody would ever dispute that working hard and really focusing is the key to success, but achieving focus can sometimes be difficult. Think back to a time that you were absolutely focused on your work, it’s likely that you’d done something fulfilling beforehand. Some people swear by a round of golf before they begin the day’s trading, some say a video game helps them to totally switch off, others enjoy a lengthy breakfast with their spouse.

Whatever group you fit into, build a break, or several into your day. Gamers might be better suited to shorter, more frequent breaks, whilst setting out for more than one round of golf per day might be a little impractical. Those who enjoy gaming could opt to play online without having to leave their computer. Vegas Slots Online has not only compiled a list of sites that offer a wide variety of games, but they also offer slots games which are available to play for free, or to play for money. The slots style is handy because it can fit into as little as a five-minute break, allowing you to build it into the Pomodoro technique, or similar.

Those who fit into the breakfasting with a loved one group, could stretch this out to include a lunch with a friend, or even a cup of coffee in the afternoon and a chat with a co-worker to avoid the dreaded slump. Think about what really helps you to focus and do whatever you can to build it into your day.

Get Inspired

Inspiration is one of the keys to success, where will you find yours? Photo: AbsolutVision (Unsplash)


Every now and again it’s important to sit, reflect and look at why you do what you do. We spend so much of our time buried in ‘the now’ that we often forget to look back at how far we’ve come. If you’re falling out of love with trading a little, or just not going at it with your usual levels of excitement, then change something up.

At TraderLife we find it useful to tune into the ideas of one of your idols. It could be that they have a book out that you could read a chapter of each morning, you might even factor that into the break time we talked about above. Some trading idols are ridiculously quotable and sometimes a quote pinned above your work station, or even set as your desktop background can keep you on track. In the link above there are some brilliant quotes to inspire productivity from a variety of different traders and businesspeople.

Your Losses Don’t Define You

If every trade you ever made was a successful one, then everyone in the world would become a trader tomorrow. Whilst it’s hard to feel buoyant after a loss, it’s important not to beat yourself up about it. Instead of internalising your negative feelings, learn from them. The trade was a bad one, but if you learn from it then you are a better trader than you were yesterday.

See every loss or mistake (and indeed every success) as an opportunity to learn something. We can only truly grow through making the occasional mistake. So pick yourself up, dust yourself off and carry on with a new experience under your belt.

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