Be a happy trader and achieve a well balanced trading career09 April, 2018 by Paula Rodriguez in Forex Lifestyle
For a thriving and profitable career, become a happy trader while reaching your forex trading goals. In a demanding market, it is important to remember that your thoughts and actions go together to reach a desirable outcome. With a proactive and positive way of thinking, traders can take advantage of finding contentment from winning trades as well as enthusiasm towards any challenges.
By finding true satisfaction when trading, you not only achieve a well balanced career but also strengthen skill and performance for success. Get to know the easy methods you can apply to become a happy and efficient forex trader.
The science of happiness and forex trading
More commonly known as positive psychology, the science of happiness is the study of the mental attitude, behaviour and action that drive people to succeed. It analyzes how people can change their perception of a scenario and take control of any reaction towards it. According to CEO of Good Think Inc., Shawn Achor shares that long term happiness depends on how your brain processes the world. Empowering companies and individuals worldwide, Shawn also explains that happiness can boost hardwork and determination. Those who are able to thrive from positive psychology are able to see stress as a chance to become improve rather than a threat. In the end, this leads to a successful and satisfying career.
Over the years, many studies have shown the benefits of happiness for career goals. In the world of forex trading, having a proactive mindset together with a sense of self-fulfillment can contribute to a boost in growth. Despite being a systematic career, forex trading has much to do with mental outlook as much as strategy and analysis.To achieve genuine happiness while trading, Learn How Positive Psychology Can Help Happy Traders Become Happier.Happiness inspires dedication and discipline for a successful and satisfying trading career. Click To Tweet
Why happiness is also key to success
The connection between happiness and success is seen in career growth and overall contentment. In fact, statistics show that happier workers are able to achieve job satisfaction and success much faster than those who are doubtful. For long term success, increasing your happiness levels can also build a great foundation for positivity especially in a challenging career like trading.
To become a happy trader, evaluate yourself and find out what makes you truly happy. Here are the steps you can take to find career happiness:
- Analyze your personality and how you can use your inner strengths to achieve target goals.
- Ensure that you can use your innate skills to feel engaged with the work at hand.
- Research through forums or blogs and get to know the day-to-day tasks to get a realistic point of view.
- Be sure to have good work-life balance and find activities that are relaxing.
- Plan the target profit you would like to achieve and how much work is needed to reach this goal.
Easy ways to achieve personal and professional happiness
It is important remember that career and personal happiness comes from having the right mindset and finding a balance between work and rest. If you focus your efforts to being more confident and happy while trading, you are preparing the brain to face the challenges ahead.
To reach self-fulfillment and happiness as a forex trader, change your outlook towards all scenarios with optimism and growth. Learn the different aspects of life you will need to cultivate to achieve both personal and professional happiness:
Happiness lies in the joy of achievement and the thrill of creative effort. – Franklin D. Roosevelt
Being creative can greatly contribute to a trader’s wellbeing and happiness. According to an article by psychologist Tamlin S. Conner, daily creative activities were able to increase positive affect for most of the young adults in his 13-day daily diary study. He concludes that creative activities were able to inspire and cultivate positive psychology in that short time frame.
It is beneficial to exercise the part of the brain that uses imagination or promotes individuality. Whether you plan to have creative sessions everyday or within the week, any form of activity that activates your creative side can improve positivity. Here are activities that can boost creativity:
Do what you love
For creativity and happiness, it is valuable to do something that you love and enjoy. Every now and then, traders need an outlet that fulfills creativity through recreation or other artistic activities. This is can channel positive dispositions like relaxation, imagination or lightheartedness.
Take up classes
Taking up classes not only boosts creativity but also develops learning skill. Classes or workshops allow the brain to restructure and learn something new. When the brain functions for a different skill or new experience, it results in new stimuli that inspires motivation and contentment.
Studies show that resting or relaxing can actually make way for more creative capacity. With plenty of analysis and processing needed for trading, the brain can benefit from taking breaks.
Positive psychology revolves around the fulfillment of a meaningful life and grasping one’s true potential. Reaching your potential requires self-knowledge, grit and emotional intelligence. In a challenging market, it is vital to use your innate skills and approach activities with the use of your strengths. Find out how you can reach your full potential when trading:
Define your goals
Goals help traders reach their potential. It provides a timeline for skill mastery, career objective and desired profit. Ultimately, setting a clear goal will lead to self-fulfillment and self-confidence that will boost growth.
Get in the zone
When you are working to reach your potential, you are using innate strengths that normally creates a state of “flow”. Flow is a mental state that promotes intrinsic motivation and energized focus. While in the zone, traders can reach their potential while producing quality output.
Instead of reviewing your trades during the week, weekend evaluations can also be advantageous to analyse executions. With the sole task of reviewing trades, it can be more effective for traders to examine past trades during the weekend.When in doubt, change your perception towards challenges to become a happy and successful trader. Click To Tweet
Happiness and career satisfaction go together to create a well-rounded life. Once you achieve satisfaction from both work and personal life, you can find a sense of contentment towards accomplishments. Finding satisfaction also inspires self-confidence to help face difficulties.
When you are content with who you are and what you have, you can easily strategize what you need to do to reach your target goal. If you understand that you need to develop your analytical skill, you can efficiently plan exercises on how to improve. To achieve a fulfilling career, learn how to find satisfaction as a forex trader.
For career satisfaction, gratitude can help traders feel more appreciative towards the progress made in their trading career. Whether through writing or meditating, practicing gratitude can gradually make a trader feel happier and contented.
Persistence and positivity
Satisfaction describes the pleasure of achieving a goal. Through persistence and positivity, traders can reach a level of satisfaction for personal and professional growth. Learn how to achieve optimism as 7 experts share their secrets to achieve a positive mindset.
Acts of kindness
Whether through volunteer work or simply helping a friend, random acts of kindness can inspire satisfaction. In forex trading, generosity and encouragement towards other traders can also help you feel at ease. Once you achieve a level of success in trading, try to find self-satisfaction by helping novice traders via web forums or a blog.
Health and wellness
In this day and age, health and wellness is widely known to be an important part of leading a balanced life. Whether for physical, emotional or spiritual health, traders must consider taking care of their wellbeing. This enables self-care and self-awareness. To properly analyse charts and execute strategies, forex traders must value overall health and wellness. In the end, this will strengthen performance and productivity. Find out what you can do to boost overall health for optimal trading:
Enjoy physical activities
For both mental and physical well being, It is essential to stay physically active and have an exercise routine. To de-stress and stick to this routine, traders need to look forward to the workout. Make sure to find a physical activity that you enjoy.
Emotions play a big role when trading forex. Because of decision making and analysis, emotions need to be in check for optimal efficiency. Find out how you can Stay Focused on our Trades and Learn How to Manage Emotions.
Tasty and healthy meals
To promote health and wellness, good nutrition is also important for a happy trading career. Instead of planning a strict diet, make healthy meals that are tasty as well has nutritious.
The idea of being productive has less to do with being busy and more to do with completing quality tasks. Professional speaker and success expert, Brian Tracy shares that being productive can also lead to happiness. He notes that true happiness comes from discovering your true passions and working towards it. This eventually leads to self-fulfillment when the work is accomplished.
When you enjoy the work you do, you can become more at ease, productive and diligent. As you succeed in the activities needed to reach your goals, the happier you will feel. Here are the best ways to be productive when trading:
Journaling is a great way to look back on past performance. Through a trading journal, traders can increase productivity when planning the next steps for optimization.
It is essential to also take care of how productive you are in personal errands. Being productive in your personal life can also create self-fulfillment especially before and after trading sessions.
The comfort of a routine
In a volatile forex market, traders can find comfort in a routine to build more organization. This structured routine can encourage better focus and constant productivity.
Being a happy trader has plenty to do with the energy that you exude towards trading. When you have positive energy, you can create a more productive work environment. When you allow yourself to stay in pessimistic or anxious frame of mind, it will increase the risks of poor decision making or emotional trading.
For an efficient and lively day of trading, it is vital to practice the right energy towards the work ahead. Get to know a few ways you can achieve a more positive energy:
Have a reliable morning routine
To increase energy throughout the day, it is best to have a reliable morning routine. When you start the day with the right frame of mind, you set yourself up for a rewarding day of work. Learn the different Morning Routines That Ensure A Productive Day of Trading.
Ensure proper work-life balance
For long term optimism and success, achieving work-life balance is key. When you make time for both personal and work activities, you also develop better health and wellness.
Doing a digital detox is one of the best ways to attain optimal energy for forex trading. By disconnecting from work or social media, traders can find more time to relax and boost overall mood. A digital detox can also lessen the effects of digital eye strain which is now a growing concern for most traders.To become a happy trader, apply optimism and genuine self-satisfaction towards all tasks. Click To Tweet
Reach satisfaction in your trading career
In the end, it all depends on what truly makes you feel happier and contented. Whether this is for personal or professional growth, every setback and achievement can contribute to overall success. Ultimately, these efforts for satisfaction will lead to a career that is rewarding and prosperous. When you become a more positive trader, you will be more resilient in problem solving and decision making. As long as you change your way of thinking, you can overcome all challenges of the forex market.
Through career happiness, traders can stay away from feeling too anxious or discouraged. By managing your perception, you can view all triumphs or difficulties in a more positive and constructive light. This will eventually inspire an emotional drive for growth and result in an optimized strategy for a fulfilling forex trading career.