The markets are open for 24 hours and 5 days a week. Most people are introduced to the markets as this one exciting and a very quick way of making money. If you have been trading for a while, you probably know by now that is not the case. It is no lie that as a newbie, looking at the charts can fill you with some sort of an adrenalin rush.

Spend Less Time In The Markets and Live More.

Now let’s be honest, Forex trading can be very addictive and most traders are just addicts. I published an episode on my podcast on this topic, you can check it out HERE. Forex trading is not gambling or similar to a casino, but there’s a very thin line between trading and just gambling. This is all dependent on how you view your trading account. The charts and the constant change in price can keep you glued to your screen and tempted to trade even when there is no reason to.

Life Doesn’t Have To Stop Just Because You Have A Trading Account.

I speak to a lot of people on a daily basis who are struggling with finding balance in their lives. They struggle to find time for themselves, for their families, spouses and even children. They spend all their time checking the charts. Even when they go on family vacations, they can hardly spend time with their loved ones. Their partners feel neglected all the time.

They are constantly checking charts even on their mobile phones. Now their actions have made their loved ones to think that they are loosing their minds and no one take them seriously. They are also very frustrated human beings. Their lives are consumed by charts. Below are the few things that you can do to find that balance so you are able to trade less and live more.

1. Have A Trading Plan

Creating a trading plan is easy, but sticking to it is a bit challenging, you will need a high level of focus. When it comes to creating a trading plan, you must also not ignore your personality and your lifestyle. Listen to the podcast episode on this topic HERE. When you have a 9-5 job, you cannot afford to choose a trading method that will require you to trade at random times. You don’t have time to do so, your time is paid for and you have responsibilities and you certainly don’t want to be fired for neglecting your responsibilities.

You need a trading plan that will allow you to choose your trading time and plan around that. You need to know how much time you will allocate for your trading sessions. Your trading plan should also include when NOT to trade. I am sharing this because I know it is possible to plan your trades as long as you choose a method of trading that will accommodate your lifestyle. In my mentorship program, I do the planning in detail with each mentee.

2. Have A Day Off

Just like you take a day off or leave from work, you have a day off exercising when you just rest, stretch and allow your body to recover from exercise and your muscles to relax, you also need to have your off day as well in the markets. This is another trick that I personally used to overcome the markets addiction. It also helped me to stop treating my trading account as a casino money slot machine and understand that it is OK not to trade everyday.

3. Stay Away From Mobile Trading

From time to time, I take some time off social media to focus on reading more, working on myself more, check in with myself and basically doing personal development away from distractions, we all know how we can be consumed by social media . During such a period, I do not just log out of social media but I also delete the apps so that I don’t get notifications.

In the same manner, having your trading app easily accessible to you may be the reason why you cannot stay away from trading. If you plan your trades and your trading for the day is done, you won’t find yourself fiddling with your app and checking the markets the whole day, people do that even when they are driving. They check the markets even when they are in the bathroom or just bored. These are just a few things that you can do to find that balance that you have wanting all along.

Thank you so much for stopping by. Please kindly share this post with your peers and help me reach out to as many people as possible who need to see this information. You can listen to the audio version HERE.