A spell dorsum I wrote close performance anxiety every bit the most mutual emotional number faced past times traders as well as covered some of the techniques that are most effective inwards combating functioning anxiety. There is, however, about other diversity of anxiety that affects traders that receives almost no attention. Psychologists telephone yell upward it secondary anxiety.
Let's tell a someone has a panic attack, an overwhelming experience of anxiety as well as dread that isn't connected to anything obvious. That panicky feeling may live on as well as thence frightening that the someone develops a fright of the attacks. That is how panic disorder patients oftentimes prepare agoraphobia: they assume that their attacks are caused past times something inwards their environment, as well as thence they avoid going places that (they think) mightiness trigger farther attacks.
Similarly, I've worked amongst students who convey suffered from exam anxiety, a really mutual course of didactics of functioning anxiety. They acquire as well as thence fearful that they'll acquire anxious during a exam that they generate the really fright that they promise to avoid!
When people acquire anxious close their ain anxiety, that is called secondary anxiety. It is a especially thorny problem, because it sets upward a barbarous cycle: to a greater extent than anxiety leads to to a greater extent than fears of anxiety leads to farther nervousness.
A fundamental chemical component that perpetuates the wheel is avoidance of situations that mightiness trigger anxiety. As long every bit nosotros endeavor to avoid what nosotros fear, our fears command us. Psychologically, the entirely cure for anxiety is to direct facial expression upward our fears *while nosotros rest nether control*. That way, nosotros larn inwards our experience that threatening situations are manageable.
What happens amongst traders is that they response to losses (or threatened losses) amongst disruptive anxiety, oftentimes because they are trading excessive size/risk. As a result, they prepare a fright of these disruptions as well as avoid situations that could Pb to repeat incidents. One trader I worked amongst never increased his size inwards a agency that was commensurate amongst his skills. He made money, but never every bit much every bit he should have. It turns out that this was his agency of coping amongst large, painful losses early on inwards his career. His modest size was his agency of keeping secondary anxiety at bay; he wasn't exactly afraid of losing money, but was too afraid of losing his mind.
Another trader I worked amongst was as well as thence afraid of going on "tilt" that he overanalyzed trading opportunities, oftentimes missing proficient trades. The "tilt" that he feared had its roots inwards anxiety: losing command over trading, because of losing emotional control.
The approach I've flora most helpful for such secondary anxiety is guided imagery, aided past times biofeedback. In intensive sessions, I volition convey traders mentally rehearse scenarios of losing coin *while they locomote on their bodies nether control*. Heart charge per unit of measurement variability biofeedback has been especially helpful inwards this regard; the Freeze Framer computer program that I get upward to in this post is forthwith known building self-efficacy.
We cannot avoid feelings of nervousness, fear, as well as anxiety, especially inwards situations that necessitate functioning nether atmospheric condition of jeopardy as well as uncertainty. We can, however, avoid acquire nervous close our nervousness as well as fearful of our fear. We volition ever convey emotions spell trading; nosotros don't convey to live on controlled past times them.
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