Institutional trading is a lucrative industry to work in. It requires a focused mindset, able to work to short-term goals and maintain a consistently high performance. But the quality of said performance can be easily hindered by anxiety. All traders are prone to panic attacks, no matter how hard we try to ignore it or shake it off. And ignoring it will only lead to inadequate coping strategies and a much shorter career with burnout all but guaranteed. However, with our certified hypnotherapy practice, we can help you keep your anxieties at bay to fully prosper in your role as a trader uninhibited.
The Pains of Trader Anxiety
Many traders who make a name for themselves in the likes of banks and hedge funds will be all too familiar with the high-pressure environment that comes in such an industry. That pressure often comes from the ongoing emphasis on maintaining performance for both yourself and the institution you represent. If you’re buying and selling securities for a firm or ascertaining the market using a short-term focused strategy, you need to be able to work on a good initiative and adjust accordingly.
Short-term trading, in particular, is a good means of advancement. If you’ve built up a good eye for stocks and an awareness of how markets can shift and change over a small window of time – a few days, at most - you could stand to make a lot of money for your institution. If these investments carry a low risk, then the appeal is heightened. And chances are, by this point in your career, you will have found a footing in the business.
But trading is an occupation that demands constant specification. And that hard-earned precision and focus that you have built up from your education to your current position can be easily dislodged by one iota of stress. You may not even know where the stress comes from, but it is enough to leave you very vulnerable to mistakes.
Mistakes happen all the time. It’s nigh-impossible for anyone to go through a career without once making an error of judgment. But in regards to the financial sector, you may feel that making such a mistake will carry much heavier consequences.
If you feel that you have made a mistake, regardless of how big or small it was, you may feel conscious of making any more, with a risk of going into overdrive and inadvertently make even more. For example, if an investment of yours has taken a turn for the worse, you may feel inclined to keep hold of it rather than accept the loss.
Trading requires you to be methodical in your approach. If you are dealing with overwhelming stress and anxiety, you may throw together a plan in haste that doesn’t take into account all the necessary factors. And if you’re in the middle of a trade, you’re unable to go off and get help to curb your anxiety.
The biggest blow will be to your self-confidence. Being an apt trader requires being able to make solid estimates on the market and conscious of any involved risks. From time to time, trading will require you to take certain risks, but you should be able to foresee those risks based on your knowledge of the market. If your head is not in the game on account of ongoing anxiety, you may either make a trade without being aware of the associated risk tolerance. Another scenario that can occur is if you’re on the verge of placing a trade, your heart starts racing. You could end up so taken in by the idea of the risk that you end up blind to the actual reality of risk, potentially missing out on a lucrative opportunity, all because of a panic attack from trading.
Now you could try keeping the anxiety at bay. But it always manages to rear its head at the most inconvenient moments. A particularly damaging time for the stress to emerge is if you’re interacting with a member of your team, management, or potential clientele. If people see the agitation, this could erode their trust in your abilities and you could find yourself missing out on opportunities for progression on account of poor stress management and ongoing uncertainty.
On account of the burgeoning stress and the limited opportunities, you could face premature burnout, unable to progress any further or reach your full potential.
Our Hypnotherapy Practice
We have a certified hypnotherapy practice that can support individuals looking to progress in a financial career, including trading. Our hypnotherapy practice gets to the bottom of those hidden stresses plaguing you. We can help you uncover causes you may not even be aware of. We can tailor a support plan that caters to your individual needs; finding out the why and when of these anxiety attacks so that you can pre-empt them and continue your work unhindered. Through us, you can rely on much-needed panic help for traders.
Despite what you may have seen on TV or stage, in hypnotherapy you are always under self control and can be never be made to do anything you don’t want to do. For example you cannot be made to rob a shop or reveal personal information. The feeling is no like being zonked out but more like that half way state between dreaming and waking, if you can imagine that.
The key to the success of our practice is Ronal Shah, MBA. Ronal spent many years working as a trader, which has allowed him to amass a wealth of knowledge on how to successfully navigate a career, as well as some of the pitfalls bought about by stress and anger. He draws on his vast experiences, including working as a Samaritan's trainer and as a certified Master Coach to deliver your support. He has a backlog of satisfied clientele who he has helped to overcome personal issues, removing those barriers and allowing them to give their best performance in the work environment. Drawing on dual experiences as a trader and a master hypnotist, Ronal can get to the crux of your problems and help you ensure the longevity of your career.
Anxiety help for traders isn’t always immediately available. And you may not know what support looks like. It can take a serious toll on your belief in your abilities and leave you feeling limited in a career you once aspired to. But we can provide you with that support and give you a platform on which to grow and be the trader you are meant to be, unhindered by stress and anxiety. So lift our offer and raise your game with hypnotherapy.