Unfit to trade - active antidotes

This is the fifth and last in a series of articles that began with the article entitled “Are You Fit To Trade?” dated February 26, 2007.

Abstaining from trading when you’re not fit to trade is a passive way of carrying out the task of “self-examination”, one of the ten tasks in Van Tharp’s model of successful investors & traders.

Abstaining from trading is often the best choice you can make when you conclude after self-examination that you are unfit to trade. Another choice is to proactively do something to change your “unfit to trade” state.

One solution is to trigger yourself back into an emotional state that enables you to trade properly. That solution is described in this blog in an article dated Thursday, June 29, 2006 entitled Profitable Financial Trading In 1 Second A Day.

A second solution is use breathing to alter your emotional state, putting yourself into a state that enables you to trade properly. That solution is described in this blog in a series of articles starting with the one of Monday, February 12, 2007 entitled Better Trading by Better Breathing.

back next week ...

Copyright 2007 Raymond T. Lee. All rights reserved.
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