If You’re Not Sleeping, You Shouldn’t Manage Money

Every bad decision that I have ever made in markets has come from a period of terrible sleep. Being a trader (or an investor) teaches you a lot about yourself. Oftentimes new traders blame all kinds of things. But actually, oftentimes, it boils down to sleep. At the end of the day, a good sleep schedule is the bedrock of everything that follows especially as it relates to temperament, which leads to decision, which leads to outcomes.

The markets test patience, temperament, and emotional balance. If your mind is unsettled, the volatility of financial markets will only amplify that chaos. Inner stability makes it possible to respond thoughtfully, rather than react impulsively to every swing in price or unexpected outcome. There is only one true resource that can tap into this: great sleep.

Waking up refreshed, following a routine, and taking care of your mental and physical well-being all contribute to better performance. When your body and mind are in sync, it becomes easier to stick to your plan, make rational decisions, and avoid the pitfalls of fatigue-driven mistakes or emotional trading. The worst emotional trading always comes from a place of no rest. Dwelling on bad trades compound with bad sleep. Revenge trading multiplies on bad sleep.

Good sleep refreshes everything.

It restarts the day.

One good sleep changes everything.


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