No good comes from letting your brain be ruled by FX! How can you maintain normal trading brain function that could sway wins or losses? — What I learned as I shifted from part-time to full-time trading —
Tengen Mental Management.12
Trading every day, whether you win or lose, gradually FX starts to control your brain.
When you have more energy, naturally you end up thinking only about FX, which is natural but not a good state.
I gained “freedom of time” by quitting corporate life, but in a sense I can spend 24 hours on trading.
It felt like there was freedom of time, yet it didn’t feel that way… I realized that time management and mental management are very necessary.
At that time I didn’t even have a trading room, so I would go to a nearby net cafe and stream on Discord, spending from morning to night trading as I pleased.
As time passed, I found myself utterly exhausted.
Of course it wasn’t physical labor, so I realized my brain was tired.
Here I narrowed down trading time and created non-trading days to clearly separate “business and private life.”
Back then I spent time on my hobby of watching baseball and practiced mental management.
One thing I want to share about today's mental management is the concept of “state.”
For example
◯ The room isn’t cleaned
◯ Things I planned to do are being postponed
◯ Family time is getting extremely reduced
This kind of state is not good.
If you’re on a winning streak you’ll hit a big loss (a big swing).
If you’re losing, you can’t get out of the tunnel.
When you win and lose alternately, you stay in this state.
Why?
Because this state is similar to being in gambling addiction.
People who become gambling addicts and go bankrupt from pachinko or horse racing are mentally full of money gambles.
Why is it beneficial to participate in communities including ALB?
I think the important thing is not to get too engrossed.
The direction is the same. With enthusiasm, everyone polishes their trading skills and helps each other to win until they succeed.
This is also important, but it’s crucial that you are not in an environment where you trade wildly without looking away from your duties alone.
First, organize, do what you should, enrich your private life, and value your family; that’s what stabilizes the mental state and enables high-performance trading and the realization of small losses and big gains.
I’ll start by tidying up the study, keeping trading records, sorting printed fundamental materials, and cleaning and maintaining the computer area.
Do whatever you’ve been putting off, no matter what!
Until you do it, even trading itself remains somewhat questionable.
Even if it isn’t a trading method, the mental state—mind, technique, and body—affects the mind.
What you can do with mental management and how much you do it to find your own “good state” and “zone” is also an important part of building a trading method.
I will approach this from a different angle again.