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Health Tips for Full-Time Stock Market Traders
Full-time stock traders need good health to make correct decisions to execute trades. It is not easy to make a decision to trade or not, identify an opportunity, take position size decisions and make a decision to take out profits or take a stop loss.
If the trader is not in good health, they cannot make correct trading decisions. Here are a few tips to keep yourself healthy:
Since I follow some simple techniques to keep myself healthy I request you to follow me as they are easy hacks to keep yourself healthy. Here they are:
I do not drink – do not smoke. Please copy me this from today and forever.
I go for morning walks and exercise – Om vilom and Kapalbhati Pranayama (both take just 30 minutes). I also exercise daily with some very effective and less time-consuming exercises. These are:
- 5 squats (45 seconds)
- 5 push-ups (30 seconds)
- 5 lunges (45 seconds), and
- 30-seconds plank.
All of the above take just 30-40 minutes but are very effective exercises for health.
Again I request you to copy me, please. If you can do more exercise, then great.
I never eat up to the brim – I leave 25% of my stomach empty. This is a Japanese tradition called – hara hachi bu — a reminder to stop eating when their stomachs are 80 per cent full. It is in their tradition – that’s the reason the Japanese median age is 50 years. According to Trafalgar, the average life expectancy in Japan is the highest in the world, at 87.32 years for women and 81.25 years for men. In 2020, the average life expectancy for women was around 87.8 years, and for men, it was over 81.6 years. If you want to live long copy them.
I play badminton/cricket/table tennis for 1 hour daily to stay fit. This is better than hitting the Gym which is boring. If you can, please copy this too. Or if you can go to the Gym twice a week please do.
I’m not sure if you can copy this – I do not see social media (unless required) for more than 15 minutes a day. Staying away from mobile forces me to chat with my kids, wife or friends (this is real not virtual social life). Try to stay away from social media for a day and you will feel the difference. I hope you copy this too.
And now on finances.
Invest only up to 20% of your salary in risky investments like stock markets. If your take-home salary is more than 1 lakh then if you want you can invest up to 30%.
If you can still save more then save them in government-backed guaranteed return schemes like FDs and debt funds.
Do not invest in Gold and cryptocurrencies. I do not have a Cryptocurrency account. Na rahega baans na bajegi bansuri (means ‘to treat the trouble at the source to avoid a bigger or more difficult mess’.) It means (if there is) no bamboo in the first place, there won’t be any noise of the flute (to deal with).
The above is just 520 words but if followed, it can change your life – health-wise and wealth-wise.
Wishing you the very best in the year 2024 and beyond.
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INCOME DISCLAIMER: Any references in this site of income made by the traders are given to me by them either through Email or WhatsApp as a Thank You message. However, every trade depends on the trader and his level of risk-taking capability, knowledge and experience. Moreover, stock market investments and trading are subject to market risks. Therefore there is no guarantee that everyone will achieve the same or similar results. My aim is to make you a better & disciplined trader with the stock trading and investing education and strategies you get from this website.
DISCLAIMER: I am NOT an Investment Adviser (IA). I am an Authorized Person (AP) of a Stock Broker. I do not give tips or advisory services by SMS, Email, WhatsApp or any other forms of social media. I strictly adhere to the laws of my country. I only offer education for free on finance, risk management & investments in stock markets through the articles on this website. You must consult an authorized Investment Adviser (IA) or do thorough research before investing in any stock or derivative using any strategy given on this website. I am not responsible for any investment decision you take after reading an article on this website. Click here to read the disclaimer in full.
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