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Keep Sleeping-In and missing New York Session
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Created: by adaseb Attachments:0

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Keep Sleeping-In and missing New York Session

  #21 (permalink)
Trading for Fun
Canada
 
Futures Experience: Advanced
Platform: Ninjatrader Metatrader
Favorite Futures: Forex futures
 
Posts: 58 since Aug 2010
Thanks: 2 given, 31 received


marcopolo1 View Post
Hi @adaseb,

Basically it looks like you need to live your life in Canada like you if you were in London...
e.g. assuming an average of 8 hours of sleep: go to bed around 18:00 EST (23:00 London) and get up around 01:30 EST (06:30 London)...

You might want to read:
Circadian rhythm - Wikipedia, the free encyclopedia
How Much Sleep Do You Need? Sleep Cycles & Stages, Lack of Sleep, and How to Get the Hours You Need

You might want to check on sleep cycle too (for example: Each sleep cycle contains five distinct phases, which exhibit different brain- wave patterns. For our purposes, it suffices to say that one sleep cycle lasts an average of 90 minutes: 65 minutes of normal, or non-REM (rapid eye movement), sleep; 20 minutes of REM sleep (in which we dream); and a final 5 minutes of non-REM sleep. The REM sleep phases are shorter during earlier cycles (less than 20 minutes) and longer during later ones (more than 20 minutes). If we were to sleep completely naturally, with no alarm clocks or other sleep disturbances, we would wake up, on the average, after a multiple of 90 minutes–for example, after 4 1/2 hours, 6 hours, 7 1/2 hours, or 9 hours, but not after 7 or 8 hours, which are not multiples of 90 minutes. In the period between cycles we are not actually sleeping: it is a sort of twilight zone from which, if we are not disturbed (by light, cold, a full bladder, noise), we move into another 90-minute cycle. A person who sleeps only four cycles (6 hours) will feel more rested than someone who has slept for 8 to 10 hours but who has not been allowed to complete any one cycle because of being awakened before it was completed…. “)

To trade successfully you need to figure out this sleep issue first. Trading is hard enough.... Trading being tired/exhausted is asking for trouble... Good luck!

Thanks for the link.

I tried something similar in the past. It worked but it was very difficult at first to get into a habit of getting used to sleeping at the specific intervals.

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  #22 (permalink)
Elite Member
New York, NY
 
Futures Experience: Intermediate
Platform: Sierra Chart, thinkorswim
Broker/Data: Amp-Rithmic/TT, IB
Favorite Futures: CL, GC, NQ
 
Posts: 569 since Nov 2010
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I have a similar issue, of not being able to go to bed early and wake up early, as I think I'm naturally a night person, and have stayed up late most of my life. Even while trying to go to bed early, sometimes I'm wide awake and do my best work late. It's tough to change this habit for some, believe it or not, it's one of major factors holding me back, as if I don't wake up early/follow my routine, I don't trade well.

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  #23 (permalink)
Elite Member
hollywood
 
Futures Experience: Intermediate
Platform: thinkorswim
Broker/Data: TD
Favorite Futures: futures
 
lsubeano's Avatar
 
Posts: 194 since Jun 2010
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i feel you.....
been there done that...

if trading more works for you, then stay up, or take breaks every 20mins or so, or when market is slow, meditate for 40mins....go workout, go watch something funny and get your mind off markets totally....

if you're doing a 12hr plus trading day, i'm assuming you don't want to miss a move...and i don't know what you mean by you need money everyday so you daytrade....

either way, I'd suggest you trade less and trade more contracts.......

with all the time you spend in front of the computer, just think of if you only traded 6hrs and made 3 or 4 times as much money, but could go out and have a life

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  #24 (permalink)
Trading Apprentice
Vancouver Canada
 
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: futures
 
Posts: 7 since Jul 2013
Thanks: 0 given, 0 received

any sugestion how to deal with this...living on west coast

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