Trading when unwell - futures io
futures io futures trading



Trading when unwell


Discussion in Psychology and Money Management

Updated by Dolas
      Top Posters
    1. looks_one bobwest with 1 posts (1 thanks)
    2. looks_two MiniP with 1 posts (2 thanks)
    3. looks_3 Sairi with 1 posts (1 thanks)
    4. looks_4 Aranin with 1 posts (0 thanks)
      Best Posters
    1. looks_one MiniP with 2.0 thanks per post
    2. looks_two pipsaholic with 1.0 thanks per post
    3. looks_3 vmodus with 1.0 thanks per post
    4. looks_4 planetkill with 1.0 thanks per post
    1. trending_up 239 views
    2. thumb_up 8 thanks given
    3. group 6 followers
    1. forum 7 replies
    2. attach_file 0 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 100,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Trading when unwell

(login for full post details)
  #1 (permalink)
New York
 
 
Posts: 20 since Dec 2011
Thanks: 1 given, 4 received

Anyone successfully traded when unwell for long periods? High temprature, headaches, stomach aches etc

Guess its sensible not to but some people got to earn no matter what to pay for break and milk

Reply With Quote
The following user says Thank You to pipsaholic for this post:

 
 
(login for full post details)
  #2 (permalink)
Legendary Market Wizard
Somewhere, Delawhere, USA
 
Experience: Intermediate
Platform: TradeStation,Sierra Chart
Broker: Tradestation Securities
Trading: My kids, VX, Eurodollar
 
vmodus's Avatar
 
Posts: 746 since Feb 2017
Thanks: 1,386 given, 1,356 received


pipsaholic View Post
Anyone successfully traded when unwell for long periods? High temprature, headaches, stomach aches etc

Guess its sensible not to but some people got to earn no matter what to pay for break and milk

Well, these days I am an algo trader, so it is less of an issue. But I go by George Kleinman's advice: never trade sick or tired. These days, I will not make any sort of important decision regarding trading if I am under the weather.

~vmodus

~vmodus

You panic, you die.
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to vmodus for this post:
 
(login for full post details)
  #3 (permalink)
Site Moderator
Sarasota FL
 
Experience: Advanced
Platform: Sierra Chart
Trading: ES, YM
 
bobwest's Avatar
 
Posts: 5,820 since Jan 2013
Thanks: 45,165 given, 19,590 received



pipsaholic View Post
Anyone successfully traded when unwell for long periods? High temprature, headaches, stomach aches etc

Guess its sensible not to but some people got to earn no matter what to pay for break and milk

I would not trade while impaired, no matter what the cause. I have enough to deal with when I'm not impaired.

Also, I would get whatever is going on with you checked out with a doctor. Not to be alarmist, but there is something going around now that should not be ignored.

If that is not the problem, as I hope it is not, it still is a good idea to get some medical attention. And whether you do or do not, I would not add another burden to my trading if I were you. Trade when you are in better shape to do it.

But find out what's going on. You need to know this.

Bob.

When one door closes, another opens.
-- Cervantes, Don Quixote
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to bobwest for this post:
 
(login for full post details)
  #4 (permalink)
Market Wizard
Columbus OHIO
 
Experience: Intermediate
Platform: NinjaTrader
Broker: NinjaTrader Brokerage
Trading: ES,
 
MiniP's Avatar
 
Posts: 1,109 since May 2017
Thanks: 1,083 given, 2,784 received


pipsaholic View Post
Anyone successfully traded when unwell for long periods? High temprature, headaches, stomach aches etc

Guess its sensible not to but some people got to earn no matter what to pay for break and milk

I use to occasionally trade when I got migraines ( use to get them 10+ times a month) and it never worked out always lost lots of money, it sucks to miss a good day buy it also sucks to lose a shit ton of money because you cant step away for a day.

"Truth is not what you want it to be; it is what it is, and you must bend to its power or live a lie"-Miyamoto Musashi
Visit my futures io Trade Journal Reply With Quote
The following 2 users say Thank You to MiniP for this post:
 
(login for full post details)
  #5 (permalink)
Braunschweig Germany
 
 
Posts: 12 since Dec 2019

I agree with you. It's very hard to concentrate on profitable and adequate trading while you're in pain or in distress. So personally, when I feel bad - I don't even start trading that day, because I know that the results will be bad.

Reply With Quote
 
(login for full post details)
  #6 (permalink)
New York City + NY/United States
 
 
Posts: 225 since Sep 2018
Thanks: 85 given, 182 received

I trade unwell all the time, and have found it has little impact on my return.

This might depend on your strategy, but for my strategy having a headache because I'm hung over or runny nose from a cold does not impact my entries and exits.

If trading unwell stopped institutional traders, the blow fueled bull markets of the 80s and 90s may have never happened. Winning streaks increase our testosterone and prolonged losing streaks increase cortisol. No matter how good you think you feel, you're always under some kind of influence.

I think using feeling unwell to explain away losing days and bad trades is just another excuse we tell ourselves.

Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to planetkill for this post:
 
(login for full post details)
  #7 (permalink)
Pskov Russia
 
 
Posts: 4 since Jan 2020

Everything depends on your mood and how you feel, if you really feel normal - then why not? And good luck to you, but if you're not feeling well or tired, take a break right away. You have to act with pure intelligence in the market.

Reply With Quote
 
(login for full post details)
  #8 (permalink)
Ede Netherlands
 
 
Posts: 1 since Jan 2020
Thanks: 0 given, 1 received

I think that's a bad idea.
The market always provides opportunities for profit. So if you miss a few trading days, you won't miss anything.

Reply With Quote
The following user says Thank You to Dolas for this post:


futures io Trading Community Psychology and Money Management > Trading when unwell


July 26, 2020


Upcoming Webinars and Events
     



Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts