Ask the Dream Doctor : Warning Sign
Will one anxious trader heed his nightmares’ lessons?
By: Doug Donaldson
Trader Daily, April/May 2007
Dear Dream Doctor: I’m a currency trader plagued by this recurring dream: I’m concerned that I haven’t put a stop on my positions. Then the market makes a series of huge moves, both up and down. I’m alternately euphoric and devastated. When I awake in real life, the markets are flat; my positions have experienced only minor fluctuations overnight. Yet the intense swings of my dream have left me exhausted. What’s going on? — Devon, New York
Big bets before bedtime have caused traders to lose sleep for generations, Devon, and dreams like this are common among them — just ask your friends. They can, however, be turned to your advantage.
This dream is an indicator of unpreparedness — it might be about your specific positions, and it might be about market volatility. But ask yourself this: Is this dream really about trading, or am I neglecting some other, more important goal in my life?
The anxiety you feel is surely tied to something else weighing heavily upon you. Consider this dream a vivid sign detailing both the risks of being unprepared and the rewards that come from taking care of business. Valuable goals are clearly at stake here, Devon — will you heed the warning?
You’ll notice, I suspect, that this dream occurs only when you’re feeling adrift. Think of it as a cue to take care of unfinished business where you feel exposed and vulnerable, in the markets or in life itself. Do so and you’ll soon begin to sleep easy — as easy, at any rate, as a trader possibly can.
Charles McPhee (dreamdoctor.com) is the author of Ask the Dream Doctor.
E-mail dreams to mcphee@ dreamdoctor.com.