Read on Twitter
THE IMPORTANCE OF SLEEP
“Alts are mooning. Bye Bye sleep!” – Similar tweets surface on Twitter when the market is moving. To my discontent, because if this is true, I see this as a failure of self-regulation which can lead to a loss in performance in trading.
A thread!
“Alts are mooning. Bye Bye sleep!” – Similar tweets surface on Twitter when the market is moving. To my discontent, because if this is true, I see this as a failure of self-regulation which can lead to a loss in performance in trading.
A thread!
. Sleep is important for your brain to function optimally. Good sleep has shown to improve productivity, problem-solving skills, concentration and memory. Seems to me that these skills are important in trading.
Additionally, sleep improves your mood and willpower. When you have a drawback in the markets this can hit you harder emotionally when tired.
Not convinced these brain functions are impaired when you sleep less? Search for “Sleep deprivation” on YouTube. Although these examples are quite extreme, you experience the same effects in a lesser form when you sleep less. The danger is that you might not be aware of it.
RECOGNIZE YOU ARE TIRED OR SLEEP DEPRIVED
- Feeling sleepy (duh!)
- Experiencing mood swings
- Lack of concentration
- Cravings for high calorie food
- Headaches or high heart rate at rest
- Feeling sleepy (duh!)
- Experiencing mood swings
- Lack of concentration
- Cravings for high calorie food
- Headaches or high heart rate at rest
Even when you don’t feel these, you might not have had your optimal sleep. Most people need 7 or 8 hours sleep each night. Try to get your minimum.
IMPROVING YOUR SLEEP
Sorry to bother you with all these doomsday scenarios but this is the part where you can do something about it to feel better, stay healthy and perform optimal. Tips for better sleep:
Sorry to bother you with all these doomsday scenarios but this is the part where you can do something about it to feel better, stay healthy and perform optimal. Tips for better sleep:
1.Have a daily rhythm. Your body likes to predict what it has to do on a day. Support your biological circadian rhythm by going to bed in the evening at a specific time and wake up at a specific time, at least during week days.
2a.Don’t watch at screens (computer, TV, tablet) at least 1 hour before going to bed. Screens emit light which suppresses the hormone melatonin. This hormone is important for getting to sleep. Blue light effects melatonin levels the most.
2b. If you really have to watch at screens make sure have a filter for blue light, for example the program f.lux.
3.Don’t consume coffee or other caffeine products in the evening. The effect of caffeine can be felt up to 6 hours after consumption. Take a nice cup of herbal tea (not green or black) instead.
4.Reduce your physical activity to a minimum before going to sleep. Meditating or reading can be very effective.
http://5.Work out! Make your body tired. Your sleep will be deeper and at the same time you keep your body in shape. However, don’t work out just before bed time. Your body will be too active. Stop working out at least 2 hours before bed time.
I can probably ramble on but if you start with these tips you will probably improve a lot. If not, please let me know in DMs. I’ve got some more advice if you need it.
Next time you feel the urge to watch the charts late at night, for once, don’t get behind your computer but go to sleep. Remind yourself that if you take a position while you are sleepy you might make a less optimal decision, which could lead to unnecessary losses.
Care for your own wellbeing, get some sleep.
This article was published before in @TheBirbNest. For more trading-related content visit https://www.thebirbnest.com/
This article was published before in @TheBirbNest. For more trading-related content visit https://www.thebirbnest.com/
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