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I think you are mistaking breathing as some add-on to make your trading better.
Breathing properly doesn't make you any smarter, watching being brilliant everyday doesn't entail that you will increase your cognitive capacity and performance. You could be a stellar in composing your HRV and still be the trader who had, has and will have a negative trading system.
When you take live trades your emotions, heart rate, hormones all are elevated and erratic. What you can do by breathing more rhythmically, is to calm yourself so you can better manage your trades rather than going in , out at every tick with u or against you. EVEN if you breathe rhythmically, there's nothing that says you won't lose or still face these problems. You 99.99% will still face these erratic states of emotions and until you can tame yourself to be composed no matter what happens, nothing will change.
So if you got a failing system, nothing you do will help you. Not even by taking nootropics nor magically increasing your IQ overnight.
Whatever soothes your mind, that's your "breathing". For most physiologically, breathing in a paced manner allows coherence and calmness. For you, it could be something different. But last time I checked, in your fight/flight response aka during physical exercise your heart beats faster, breathing is faster, and when you're sleeping, eating or watching tv, you're heart rate is lower and not as erratic, meaning you're generally calm when doing latter activities.
Here's a recap of May 24th..It shows how I responded in my first trade to an unexpected market move. Plus I mention why breakouts and reversals are not my preferred setups.