If you’ve ever said to yourself, “I can’t trade another day” or thought “I can barely get out of bed, I’m so sick of all of this” – then you may be suffering from trading burnout. Here’s what it is, what to do about it, and tactics to use so you can avoid it in the future.
We can tolerate a certain amount of stress as a trader, but when it’s extreme, we really can’t handle it over the long term. Evolution didn’t prepare us for that sort of stress. There isn’t the fight or flight type of mechanism built into us for that. So it’s important that you recognize the signals of burnout before they really take over.
Burnout is a complete meltdown where no light or joy can seep through. It is not officially recognized as a mental illness, but rather a feeling of being overwhelmed. It is important to distinguish between burnout and depression and to recognize the warning signs such as memory problems, poor judgment, aches and pains, and feeling isolated.
In this episode, you will learn the following:
- What is burnout and how is it different from depression?
- What are the warning signs and symptoms of stress?
- What can you do to avoid burnout as a trader and how can you find joy in the everyday?
Why You Need to Listen
If you have ever felt the markets have sucked up every last ounce of your energy?
Then, this episode of Talking Trading is for you.
Listen as Chris Tate and Louise Bedford discuss why burnout among traders is more common than you’d first think. Learn how, with careful management, you can avoid burnout entirely, maintain your energy and find joy in trading the markets.
“When you’re going through stress, you get sucked into its world and you can barely recognize what’s important to you. I personally don’t work well if I don’t have some time to reflect and ask myself some deep questions.” – Chris Tate
About Chris Tate
Chris Tate is one of the first people to ever release a share trading book in Australia. He is the best-selling author of ‘The Art of Trading’ and ‘The Art of Options Trading in Australia’. Along with Louise Bedford, he’s been running the 6-month repeat-for-free Trading Game Mentor Program since the year 2000, and he’s also a co-founder of this Talking Trading Podcast.
With a background as an immunologist, and his previous work as a bouncer, Chris’s life experiences reach across many fields. When he’s not hanging out with his traders, he can be seen lifting weights at the gym, enjoying yoga… and trying to get a personal best time on his rowing machine in his garage.
To get in touch with Chris
About Louise Bedford
Louise is a best-selling author and the co-founder of www.tradinggame.com.au.
She and her business partner, Chris Tate, have been running their repeat-for-free Mentor Program since the year 2000. They provide simple techniques that you can implement straight away, and valuable resources to enhance your trading so you can maximise your profit potential.