How often do you sleep? Are you afraid of missing the move?
I think I was junkie trader - or maybe I still am.
In the past, on many occasions I went for 48-60 hours straight, endlessly staring at the bars ...falling asleep at the front of the monitor... guilty that if I go to sleep I will miss the move -- definitely I was.
Definitely not. Lots of work is involved, but most of it does not involve staring at charts.
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Need help? 1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first. 2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses. 3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make. 4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance. 5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers. 6) Help using the forum? Watch this video to learn general tips on using the site.
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Used to be when I first started trading. I used to watch the markets from 7am to 8PM. Then study charts until midnight or later. However, never fell alseep in front of the monitor. Now I keep tabs on the markets during the day while at my day job and spend a few hours a night on learning and watching the markets and of course posting on futures.io (formerly BMT).
nosce te ipsum
Trade what the market is doing; NOT what you think its going to do.
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anything can be used and/or abused. there's a lot in trading and risk taking that can be thrilling. bungee jumping, fast driving, etc. I felt the risk rush from trading, but it was more painful than a high. Combine that with inevitable loss from not following a logical trading plan and the pain is too big for me. Yes I pulled many all-nighters, my trading performance suffered tho. It took me a long time to work it out.
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