Top tips to help you become a more calm and zen trader09 June, 2019 by Paula Rodriguez in Forex Lifestyle
To achieve your forex trading goals, learn the best ways you can become a more calm and zen trader. In a quick-paced forex market, you need to achieve a state of mind that is in the moment, controlled and committed. By applying zen into your trading lifestyle, you can build a way of thinking that is more mindful and self-aware. It can prepare you to take on the different scenarios of forex trading with self-kindness and positivity.
When facing the volatile nature of trading, apply effective methods to remain focused and calm. Through the concept of zen, you can create a mindset that is more observant and adaptable towards challenges or day to day tasks. To go from anxious or nervous to focused and driven, apply the best techniques to become a zen trader.
What it means to be zen
The concept of zen
Whether applied for spiritual or motivational disciplines, the idea of zen revolves around being in the moment and becoming more aware of your state of being. It means being in sync with your body and mind in order to create a sense of clarity and focus on the present.
Throughout the years, the meaning of zen has evolved from ancient religion to modern culture. Rooted in religious definitions and methods of practice, the concept of zen generally focuses on your personal relationship with your thoughts. Through enlightenment or meditation, traders can take advantage of zen for a balanced and meaningful forex trading career.To help you achieve your goals, apply practices and mindsets that will turn you into a zen trader. Click To Tweet
The advantages of achieving zen in your trading lifestyle
Forex trading offers many possibilities that can lead to career satisfaction, financial freedom and long-term success. In fact, achieving a profitable trading career is a common goal for most novice traders. Oftentimes, the efforts needed to reach profitability can test a trader’s mental well being. To become an expert trader and reach your goals, you need to master technical skills while also strengthening cognitive abilities and having self-discipline.
By attaining a more self-composed and zen frame of mind, you can tackle challenges as a trader with a healthy outlook. Here are the many advantages of applying zen when trading:
- Boosts overall focus and calmness needed for both work and personal matters
- Helps you stay grounded and be in the moment
- Motivates you to become your best in every challenge
- Encourages self-awareness towards your emotions and actions
- Gives you more clarity especially during times of difficulty
- Helps you practice self-control and emotional management
- Strengthens your ability to accept scenarios and move forward
- Improves emotional intelligence when dealing with struggles
- Builds mental processes that promote mindfulness and self-compassion
- Allows you to be more objective and work on situations with an open mind
- Trains you become less anxious and avoid worrying too much
Timeless tips to help you transform into a more calm and zen trader
Aside from preparing a reliable trading strategy, you must also equip yourself with a powerful mindset. Cultivating zen when trading is a helpful way to execute a more focused and efficient mindset. The different practices needed to achieve zen can be a beneficial method to help you become a successful and balanced trader. Through the concept of zen, traders can build a more sensible and self-conscious way of thinking.
Applying the concept of zen can help traders achieve a healthy trading lifestyle while optimizing mindset and performance. Get to know these stress-free ways you can boost your trading performance while also creating a more calm and zen mindset:
Create a zen atmosphere
An effective workspace can be achieved by setting up a great physical and mental trading atmosphere. – How to Maintain a Professional Trading Atmosphere for Success
One of the easiest ways to instantly feel calm is by creating an environment that promotes serenity and focus. Whether this is uncluttering your space or placing some greens by the desk, having a set up that encourages a zen frame of mind can immediately help traders concentrate or relax. When you’ve set up a zen atmosphere, you can work on achieving a more motivated and proactive mindset while trading.
Have go-to breathing exercises
The way you breathe can play a vital role in attaining zen. When achieving a more zen state of mind, meditation and breathing work together to achieve that sense of calm and focus. Dr. Andrew Weil M.D shares that breathing exercises can be used as a powerful tool to feel more relaxed and achieve clarity.
There are many breathing exercises you can choose from. While trading, prepare a reliable breathing method to help you stay relaxed and level-headed at any given time.
Practice meditation from anywhere
Along with breathing exercises, traders must practice meditation to acquire a more zen frame of mind. Meditation describes a mental training technique that allows you to contemplate, observe or relax. Over the years, the benefits of meditation have shown to positively affect both physical and psychological conditions. According to Very Well Mind, this practice can heighten and alter your state of consciousness through concentrative or mindfulness meditation.
Nowadays, there are many tools or apps you can use to learn how to meditate. You can have a guided meditation via an app, audio playlists or classes.
Simplify your thoughts
Overthinking can hinder your brain from becoming relaxed or focused. Oftentimes, the act of looking at situations more plainly can turn a complicated scenario into something less stressful. By simplifying your trail of thought, you can better analyze the situation and make the best decision.
Here are a few tips on how you can simplify your thoughts and make decisions with a clear mind:
- Recognize and work on the thoughts that are limiting and negative.
- Choose a more productive way to approach your feelings.
- Learn how to apply mindfulness when making decisions.
- Know when you need to take a break.
- Find a way to control and alleviate your anxiety especially while brainstorming.
Get restful sleep
Becoming a zen trader pushes you to better manage your mental health. With an active forex market, traders must achieve sharp thinking skills and optimal cognitive function. To make the right decisions and carry out your trading strategy, you will need to make use of your skills during every session.
Because of this, it is vital for traders to prioritize rest and quality sleep. Studies have proven that good sleep can greatly enhance your ability to focus and stay calm. To achieve a zen state of mind, having quality rest can boost alertness, memory and overall performance. Ideally, you will need at least 7 to 9 hours.
Master emotional management
A powerful and effective mental state requires discipline. When acquiring a more zen state of mind, taking control of your emotions can lead you to efficient trading without too much anxiety. It means controlling your behavior and reactions towards all kinds of situations.
Emotional management is important when becoming a successful forex trader. As you learn how to live with a zen mindset, you have to become more disciplined and aware of both positive and negative emotions. To master emotional management as a zen trader, be sure to learn How to Manage Emotions When Trading.
Forex trading involves personal drive and self-discipline. Being an individual endeavor, traders have to rely on their own strategy, willpower and decision making. Because of this, emotional health and self-kindness truly play an important role when achieving success.
Self-compassion can help traders become more in touch with their state of being. When traders experience difficulties, it is common to become tense and self-critical. Through the concept of zen, you can better manage these thoughts while embracing the scenario. When practicing self-compassion, you are able to get a better handle of how you analyse or reflect on your thoughts and emotions. This will eventually help you take the right course of action.
Develop good habits slowly and purposefully
Cultivating habits that encourage zen is a great way to achieve a more calm and effective trading lifestyle. Here are some of the best habits you should practice to become a zen trader:
- Maintain an organized space.
- Achieve an effective work schedule.
- Plan relaxing activities for yourself.
- Practice having digital detox once in a while.
- Be open and learn how to adapt to change.
- Steer clear from negative circumstances and expose yourself to more positivity.
- Spend time with family and friends.
- Have more outings that involve nature.
Find your focus by achieving a state of zen when trading
One of the most challenging aspects of being a trader has much to do with trading character and mental wellbeing. To work through the demands of the forex market, you have to stay committed to improving your systems while also having the mental strength to take on setbacks when trading. By achieving zen when trading, you can equip yourself with the best attitude that will help you go through these different trading scenarios.
Being a zen trader can greatly strengthen the way you think and react to the different situations of forex trading. When you practice zen on a daily basis, you can create a healthy outlook towards everything you need to do to achieve success. This promotes a way of thinking that is present and more motivated to improve current systems. In the long run, becoming a zen trader will also encourage self-kindness and positivity.