Any of you traders meditate?
Curious if any traders use meditation to suck themselves out of the intense character that must be played to successfully trade the markets.
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Based on the most helpful WSO content, meditation is indeed a practice that some traders use to manage the intense stress and mental demands of trading. Meditation helps traders control their attention, observe their anxiety, and create a sense of separation from their thoughts. This can be particularly useful in stepping out of the high-pressure "trader mindset" and regaining clarity.
For example: - Meditation is described as a way to "observe your anxiety rather than getting lost in it," likened to having a raft on rough waters instead of flailing in them. - Sam Harris is recommended for a modern take on meditation, offering practical insights without losing depth. - Traders have also found that even 10-15 minutes of mindful meditation daily can lead to long-term benefits, helping them stay calm and focused during stressful situations.
While meditation isn't a magic bullet, it can provide incremental improvements over time, which can be transformative for mental health and performance in high-stress environments like trading.
Sources: Need Help Mental Health Monkeys, I'm currently an equity derivatives/vol trader: Q&A!, What do you do when you're overworked? My anxiety is up the roof, MUST READ! What makes a good trader, fund manager, hedge fund manager, salestrader, and buy-side trader
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