Relationships And Forex

The Importance of Balance

"How long you gonna in be there for? I AM READY NOW", she said standing at my door to my trading room looking at me with eyes of a bull. 

When you start learning about Trading, you try your hardest to maintain the balance of life and family. Luckily for me, my first 4 years i was single and was dedicated to learning which system would be appropriate, more so, suited to my personality. I stayed in every night. There was no time for XBOX, friends would invite me to social gatherings, i declined, saying "im working". It got to a stage where i wasn't invited anywhere anymore, they knew my response. 

Loyal to the Grind... 

This is how you have to be. To truly become a trader, it has to be your life. Within reason.

Being Balanced in life allows you to connect with your inner calmness of your mind.

Being Balanced in life allows you to connect with your inner calmness of your mind.

Internet Motivational Videos touch on the importance of having passion and dedication. Which is true. However, there must be a balance.

With no balance, there is no time to reflect...

Being in the "zone" continuously, prevents development, it blocks the mind from realising mistakes. Most cases, the mind will fool you into not thinking your making a mistake. But that is another discussion.

I remember when i was testing the method i use now. I will say that it preoccupied the majority of the time i had free. My partner, (Now fiancée) at the time, would always ask me "how long am i trading for?"

Fortunately for me, my fiancée understands the journey a trader needs to take in order to become a  proficient trader. 

If your partner talks like this...Then you are lacking balance. 

If your partner talks like this...Then you are lacking balance. 

I have read many accounts of traders that have failed relationships purely because their partners "don't know why you look at squiggly lines" (My favourite one is looking at a Screensaver lol)

One of the goals that all aspiring traders should have is to find the balance. Maybe try explaining to your partners what trading is about and what you need to do to become a trader. Use the surgeons analogy: "would you be happy with me to operate on you because i have read one volume of "How to Perform Complex Surgical Operations?"

The way i found the balance, which helped me further in my learning, was time allocation. 

Set a time for everything that you do. If you are going to study the market for 2 hours, emphasise the importance of those two hours to family and friends, then when those two hours are done, so are you. 

Being able to study the market in segments allowed me to explore various ways to improve my thinking and overall psychology. Each day i trade, i aim to enter into a calm state of mind, not one that is rushing to absorb as much information from the market because i "had to spend time with...". This stimulates the "Expecting mind" and the "Fear of missing out emotion", which is then reflected in trading...Fine ingredients for failure.