" I find that when I lack sleep and my mind KNOWS that there are no consequences at all to waking up late there is more likelihood I won't wake up prematurely and that I'll get a good night's rest."
BINGO...for instance all this week i kept waking up at 4 30 am knowing trading was only 2 hrs...
i am not addicted to them...nor do i have any withdrawal symptoms when i stop taking them....FRom 2002-2006 i never took them...I only started up again when i started daytrading 8 months ago and couldnt fall asllep til 3 am and then have to wake up at 6 30...When i leave town for vacation i...
I remember how i got my graphs in the 90's....Investors business daily published a book of charts for every saturday.There was a chart book for nasdaq and nyse stocks.The charts were excellent.There were 4 stock charts to a page on each side...I think there was a total of 2000 charts per...
"Sleep 2x a day. You don't have to sleep once a day.
Sleep 5-6 hours pre-market and 2-4 hours right after the market."
My problem is that even tho i am dead tired after the market i cant fall asllep or if im lucky i will fall asleep and then wake up suddenly 10mins later.
My dad,who also...
Thanks for all the great replies.Keep em coming.All suggestions welcomed.
I dont drink-hardly- or smoke....Also i dont drink coffee.
I eat healthy- no junk or fast foods.I also avoid foods that are inconspicuously loaded with sugar like yogurt,orange juice,peanut butter etc...(ironically...
" my strategy works best when i grab the quick money between 9:30 and 10:30 and then walk away. if i hang aroung longer i over trade and just contantly get stopped out of positions and i wind up getting killed on commissions"
i think thats your answer...for now just trade the first hour and...
I have sleep propblems during the week were i am only capable of getting 4-6hrs sleep max per night from sun-thursday.On weekends i get 8hrs sleep per night and feel well rested.During the week i am a zombie.
I have to wake up at 6 30 am here on the west coast and it doesnt matter if i fall...
"2. Trading is like trying to fill a bucket with an eye dropper. Then when the bucket is almost full someone comes along and kicks the bucket over!
--------------------------------------------------------------------------------
Jaxon, any suggestions on how to stop tripping over my own...
i remember the only way to get real time quotes was by using the touch tone phone.You could also go to the brokers office and they had a room with 2 quote terminals and chairs and a dow jones news board.There would be a crowd of regulars there evryday.Some were active traders many were just old...
"Citibank has processed 72 tax-ID loans nationally since October 2004, half in California"
I dont understand 72 loans because i can tell you here in los angeles there are thousands of undoc residents who bought homes in the mania...my friends gardener got an arms loan for 600K and now is in...
I want to know if there any other guys here who were trading before the internet boom?
I am pretty impressed by the sophistication of some of the traders here and the tools they employ.These tools were simply not available when i started out.I probably will never employ the same methods as...
net loss of 34 cents today!
couldnt get a feel for market...Trading ranges werent well established or worth the risk/reward...just didnt feel comfortable for me....oh well,monday is another opportunity...Had a good last 2 weeks....
been really choppy ...in last 15 mins or so intc,yhoo have both sold off + rallied 2 times...lets see whether they tank the market...msft has sold off 35cents and broken down in last 10 mins was holding strong all day til now...
Order ID Buy/Sell Qty Symbol Price O.Type Expire Status Fill...
Here we are today with a selloff and a tempting buy point however it is in the last hour and i dont wanna get holding the bag if the market cracks....the mm's rock the market in the last 15-30 mins...maybe a rally here-but not worth my nerves today...
Bloomberg biz channel usually reports on time and has earnings reports out before cnbc which is committed to talking to idiots during important news....sharon epperson is a nightmare idiot...fumbling words like a retard.
X is a commodity...if you cant stand violent moves dont get involved with X...play T,ko,ge etc you ll sleep better...I only trade dow 30 stocks-you can hold them overnight without freaking out also they dont have violent intraday moves generally.
no trades so far- tried a few shorts wasnt filled...pretty lackluster day for me ...i think i ll wait for some kind of sudden selloff or rally to short or buy...
I use limit orders only and i trade the dow 30 stocks-very liquid...I get filled all the time at my price or even better...Sometimes i will put my buy on the bid and i get filled and the stock goes up...Most of the time if market is really fast i will put my order 1-2 cents above offer when im...
best not to trade big pending news...I wanted to short C so bad as it was trading at days highs and shot up about 20 cents 30 seconds b4 the fed news...I couldnt tho because i also knew that the market could explode to the upside and i would lose money....it is heart wrenching to not put on the...
550k shares?Wow thats nuts man.I scalp for 5-20 cents but i trade maybe 10-20k shares a day...and i find that amount nerve wracking...pound fists?I go thru 1 keyboard a month and i curse like a sailor...i hate it but daytrading does that to me...I remember when i walked into a daytrading...