I would drink at least a pot of coffee a day and usually more back when I was a new study from Johns Hopkins says that if you want to perform better at work, drop the .. The first few cups were to offset the binge drinking and lack of sleep from the night before, and the rest was to maintain a base level of alertness. But
According to the study, caffeine can have a profoundly negative impact on your emotional intelligence, also known as your EQ. The increased alertness and small "rush" you feel when you ingest caffeine tricks you into thinking you're more focused and effective, when in fact you're merely achieving your normal levels and setting yourself up for caffeine withdrawals to boot.
By controlling for caffeine use in study participants, John Hopkins researchers found that caffeine-related performance improvement is nonexistent without caffeine withdrawal. In essence, coming off caffeine reduces your cognitive performance and has a negative impact on your mood. The only way to get back to normal is to drink caffeine, and when you do drink it, you feel like it’s taking you to new heights. In reality, the caffeine is just taking your performance back to normal for a short period.
It's even worse for traders, because the caffeine jolt increases your emotional response, especially anxiety, and we all know that emotions spell doom in trading. It all makes sense, but I couldn't imagine putting in the hours necessary for this line of work without a little chemical assistance, and caffeine is among the most benign "little helpers" if you know what I mean.
I'll admit that I was a full-on caffeine addict for much of my adult life, so I know how hard it would be to work without it. Now if I have two cups in the morning (on an empty stomach) I get the jitters and feel nauseous.
How do you guys deal with it? Are you mainlining Starbucks every day? Red Bull? White Crosses? (okay, that last one is a reference only us old timers would get) Or have you found a better way to stay "up" without all the deleterious effects of caffeine?