Janice Dorn, MD, PhD
Neuropsychological Trading Coach
Janice Dorn, M.D., Ph.D., has been a full-time futures trader since 1994. Doctor Janice holds an M.D. in psychiatry and is board-certified by the American Board of Psychiatry and Neurology in general psychiatry and addiction psychiatry. She holds a Ph.D. in brain anatomy. A graduate of Coach University, she is a pioneer market psychiatrist and financial neurobehaviorist. Doctor Janice has written over 500 articles on the financial markets and coached over 600 traders worldwide. She is the Global Risk Strategist for Ingenieux Wealth Management Group, Sydney, Australia.
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The term "burnout" is used frequently among traders, but few understand what it really is or what to do about it.
Here are the 13 most common symptoms of burnout in traders:
Chronic fatigue - exhaustion, tiredness, a sense of being physically run down
Anger at those making demands
Self-criticism for putting up with the demands
Cynicism, negativity, and irritability
A sense of being besieged
Exploding easily at seemingly inconsequential things
Frequent headaches and gastrointestinal disturbances
Weight loss or gain
Sleeplessness and depression
Shortness of breath
Suspiciousness
Feelings of helplessness
Increased degree of risk taking
If you are experiencing four or more of these symptoms, it is time for you to take a close look at how you are living your life ( including, exercise, proper nutrition, family time and overall balance). If you are unable or unwilling to do the work to make the changes to get "right" with yourself, then you should stop trading immediately, as you are not in a clear state of mind to make rational decisions where your money is concerned.
I will have a lot more to say about burnout and preventing burnout over the coming months.
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