📌 How to get rid of trading addiction
Dealing with addiction to trading screens requires effective strategies that will help you gradually move away from it.
Here are some practical steps that may help you:
1. Determine specific times to monitor the market
- Time scheduling: Set specific times during the day to follow the markets, such as half an hour in the morning and half an hour in the evening.
- Adherence to the schedule: Try to adhere to this schedule strictly, and avoid accessing your investment accounts outside these times.
2. Use the built-in features of your mobile phone and programs that help you control time
- Time management functions: Use apps like “RescueTime” or “StayFocusd” to limit the time you spend monitoring screens.
- Phone Settings: You can use the time setting features on your phone to set a specific time for trading applications.
3. Practicing new hobbies and activities
- Hobbies and sports: Keep yourself busy with new activities such as reading, sports, or learning a new skill.
- Volunteering and social engagement: Engaging in social and volunteer activities can occupy your time away from screens.
4. Communicate with others
- Join support groups: Joining investor groups can provide you with psychological support and make you share your experiences with others.
- Talk to friends and family: Spend time with close people to relieve stress and anxiety.
5. Monitor your feelings and write them down
- Daily Journaling: Write your feelings and thoughts about trading in your diary. This can help you identify the emotional reasons that lead you to monitor the markets excessively.
- Self-analysis: Identify the negative feelings you experience when watching screens and work to confront them in healthy ways.
6. Continuous education
- Read books and articles: Make time to read and learn about investing and financial markets in depth.
- Educational courses: Participate in specialized educational courses to improve your knowledge and reduce your need to constantly follow screens.
7. Meditation and relaxation
Meditation techniques: Practicing meditation regularly can help reduce stress and improve focus.
- Breathing exercises: Deep breathing exercises can help you relax and stay away from screens.
8. Set realistic goals
- Clear goals: Set clear and achievable investment goals, and track your progress towards these goals instead of following the market on a daily basis.
- Regular review: Review the performance of your investments periodically (such as once a month) rather than daily.
9. Using automated investment services and trading via bots
Automated trading: Use automated buy and sell orders to pre-determine entry and exit points, reducing your need to constantly monitor the market.
Automated investment: It eliminates the need for monitoring because, in short, you invest according to the DCA principle, and this reduces the cost of your investment units
10. Hire a financial expert
Financial expert: Having a reliable financial expert or joining reliable awareness groups can help you make informed decisions and reduce your need to follow the markets excessively.
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Adhering to these tips can help you gradually reduce the time you spend monitoring trading screens, relieving stress and making your investing experience healthier and more comfortable.
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