What Do You Listen To When You Day Trade
January 27, 2012 1 Comment
Trading the stock markets is arguably one of the toughest professions around. One needs to have precise levels of concentration to take effective trading decisions. Eminent traders who made their marks during their time such as W D Gann often advised traders to find a secluded spot such as a dedicated office with minimum levels of distraction. I strive to follow this advice because I have realized the value of being alone while day trading. The slightest of the beguilement can ruin my day.
Keeping the brain and other senses heightened is likewise advisable. I use music to stimulate my brain cells. Research has already proven that listening to classical music while doing the daily chores augments our efficiency levels by many times. Here are some sources of music, which I frequently deploy throughout the trading sessions.
Nature Music:
1) http://174.123.20.140:8000/
2) http://66.55.144.67:8047/stream
3) http://www.sky.fm/play/nature
Classical Music:
1) http://wnyc-wqxr-ice.streamguys.com:80/wqxr.aac
2) http://www.sky.fm/play/classical
I use VLC Media Player to listen to these streams.
Go ahead. Give it a try. Please be advised that you can use these streams to soothe your mind – regardless of whatever niche of work you are into. A calm and serene environment enables in accelerating our productivity levels.
The list of streams is incomplete. I will keep on adding newer streams over here as soon as I discover them.
I agree classical music does put me in a place where I can focus on my trading. I also have to admit that I also have CNBC also going.