Also not double blind, or even single blind no control group on placebo at all, so therefore no allowance for people simply getting better at doing there memory test.
I need to do something to get me awake / alert after waking up as that's the best time for me to trade the DAX, but I'm lazy and hate mornings, so far all plans have been an epic fail, including caffeine drink by the bed, doesn't really do anything for me sadly!
lol I didn't mean to make this all about that youtube video, I mainly wanted to know if people find that it helps or hurts their trading and in what dose.
It seems to be after reading this whole thread that many people find that it isn't necessary to trade well and could potentially be bad for their health while just as many people find that a cup or two in the morning helps them wake up.
I think it's important not to get to a point where you're flying on caffeine when you're trading but I think most of the people who say this is bad are mainly doing so out of assumption that all psychoactive chemicals are bad for trading and haven't tested the underlying hypothesis.
I think it's safe to assume everyone agrees that you want to be on point, in tip top shape, in the zone, or whatever you call it when you're trading but to do so with caffeine comes at the expense of your health even if your memory improves. So, the best way to get to that level is probably through more natural means like getting on a consistent sleeping schedule or exercising etc.
I, just like most people can't deny that a cup of coffee or two make me feel great but I'm sure most people would say the same about other drugs if they took them. It's all about weighing the pros and cons. Since coffee is used by just about everyone at all ages it seems that most people who use it, use this as their weighing scale for justice to keep using it. like for instance - Grandpa drinks a two cups a day and he's 92. But, I guess we didn't hear about how caffeine attributed to uncle Joe dying from a heart attack at 53 because we just assumed it was his weight or diet. Just like I've known people who justified smoking because their grandparents were still alive smoking or tried to insinuate that since they smoke american spirits that they'll dodge the cancer bullet because it's more natural while they completely ignore the statistics and then inevitably say who wants to live to be that age anyways lol
Last edited by Itchymoku; July 20th, 2014 at 02:27 PM.
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I take Modafinil most trading days which keeps me "In the Zone". It's not for everyone, but it's had a very positive effect on my trading.
...Since I trade US markets and live overseas, it means I stay up all night and sleep alot during the day( Trade starts at 8:30pm for me). This creates an unnatural sleep cycle which I've never completely adjusted to.
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I am not a good sleeper...I stay up til 1:00am or 2:00am and have a very restless sleep until waking up at 6:00am. I am prone to napping throughout the late morning and afternoon.
I need a coffee in the morning to clear my head...without it I function at a low level. If I am home, I make only that large mug of coffee in the morning...I will drink a diet coke in the afternoon which I suppose is more caffeine but otherwise I like to drink liters of ice cold water or a fruit smoothie (just discovered those lovely drinks and bought a book that lists 365 smoothies...not a bad one in the bunch so far )
If I go out to eat I will have several cups of coffee...but only if I leave my apartment will I have more than that one mug of joe.