A Good Nap Can Be Good For Traders

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How often do people, especially traders get a full 8-hour sleep every night? I think most of you would agree that we don’t usually get all the sleep we want and one-third of us don’t get enough sleep. Lack of sleep can create many problems such as slower reactions and lowered mental-processing ability. For traders, this can be detrimental as traders have to process a lot of information and make decisions fast sometimes within seconds. A possible solution is for traders to consider taking a nap during slower times in the market.

Based on the article below, naps are broken down into four categories: 10-20 minutes, 30 minutes, 60 minutes, and 90 minutes. 10-20 minute naps are the best for a quick boost of alertness with the least amount of grogginess. 60 minute naps help with remembering facts, places, and faces but will have grogginess when you wake up. 90 minutes will give you a full sleep cycle and aids in creativity and emotional and procedural memory. 30 minutes is the worst as it will result in the most grogginess.

So next time when you feel tired, unfocused or you need a break from trading, maybe you should consider a quick power nap.

Reference: The Wall Street Journal