People say music is life. We usually select music according to our emotional state or the environment that surrounds us.
If we are working in an office, the music should be adequate so that all the workers can concentrate. Still, if we are at a night party, the music should be energizing for the guests.
Traders are in constant uncertainty, and this can lead to episodes of stress. Did you know that there are specific genres of music that help improve our mental concentration before trading?
It is no coincidence that banks and investment funds have classical background music in their offices. Concentration and relaxation are essential to be able to control the psychology of trading.
If professional analysts use music to improve their trading, retail traders should do it too.
This article will discuss how and why you should include music in your daily trading sessions.
Why is music essential when you are trading?
Scientific research determined that background music that a person listens to while performing a task improves performance and memory.
In 2013, several people were subjected to stressful conditions to conduct a study later. After the stress period, some participants listened to relaxing music, others the sound of water, and the rest did not hear anything.
What the scientists determined was that music had a significant impact on people’s behavioral responses. Only those who had heard soothing sounds were able to recover faster than those who did not.
Another study found that people who listened to music while working tended to make fewer mistakes and be more efficient, maintaining a positive mindset.
We know that mistakes in trading pay dearly, and being efficient with charts is quite a challenge. So why don’t we use music to our advantage?
What music should you listen to before starting your trading session?
Before starting our daily operations, it is best to listen to music that generates endorphins in our brain. That music can make us happy.
Scientists at the University of Manchester discovered that the brain is stimulated and generates endorphins when listening to music.
If endorphins allow us to enjoy the pleasures of life, then what we must do is generate endorphins so that our trading day can be as pleasant as possible.
You can listen to your favorite rock song or maybe deep house music. Genre does not matter; what matters is the change it generates in your emotional state.
What music should you listen to while trading?
When your trading session has already started, it is best to listen to instrumental music. Songs with lyrics can distract you a bit more, and this is counterproductive for your concentration.
Classical music has shown promising results in terms of improving productivity and concentration. For example, listening to a combination of violin and piano can remarkably help you be more efficient while trading.
Mozart and Beethoven are the fathers of classical music. You can find many playlists on the internet. Here you have a radio of classical music on Spotify.
What is the best music to listen to during high-stress trading sessions?
During these sessions, it is best to get away from the screens. Stress is a pretty strong enemy that traders should avoid.
Moving away from the screens will always bring you the best results. Still, if this is accompanied by listening to music, the benefits of this will be more significant.
The music that experts recommend in these cases is the one that helps you relax. For that, you can use the most relaxing song in the world called Weightless by Marconi Union.
Several musicians and neuroscientists worked together to create this song. It is so relaxing that the creators do not recommend listening while driving because of the risk of falling asleep increases considerably.
What music should you listen to when learning something new in trading?
Suppose you are learning a new concept, how an indicator works, or simply retesting a strategy. In that case, it is best not to listen to music.
A study conducted at Wallace University in 2010 yielded exciting results. The study consisted of challenging various people to learn something new.
Contrary to what many believe, the people who obtained the best performance and concentration did not listen to background music.
Conclusion
Throughout this article, we have seen how music influences many biological and behavioral aspects of human beings. But, perhaps the most striking influence is the one it exerts on our brain.
With technological advances, scientists today can describe the specific neural networks activated when listening to a Beethoven symphony.
We can get aggressive with Punk or very warm and fun with Bossa Nova. It all depends on those tones that resonate in our ears and make us more motivated and assertive.
Remember, whenever you have stress, it is best to stay away from the graphics. Trading under high pressure can lead to losing a lot of money in the market.
However, classical music has proven to be the most beneficial. As a result, scientists within the health field insist on reproducing classical music as a healthy habit.
If you trade, you should listen to music in your daily routine.
