Boredom in Trading

[scalper21]

Quote from WmWaster:

Hi.
As a manual trader, did you watch at the screen (nearly) every day, trading in and out?

Have you ever felt bored when you keep doing the same things (nearly) every day?

If so, how do you overcome these kinds of boredom?

Thank you.

I cut my trading time down to the most active time frames.
8:30-9:30/10:00cst
1:30-3:00cst

I make roughly 50-100 trades a day. I try to be as active as the market allows in these time frames. I have found that if I try to sit in front of the computer for the entire trading day I get a little psychotic!

I worked and traded on the floor of the CME a couple of years back. One advantage of trading on the floor was it was easier to see when the market was dead. When things did die on the CME floor everyone would talk and goof off. Steering at the computer it is sometimes hard to get a grasp of when to take a time out. Especially on Globex in Stock Index Futures because the big locals will still push the market around in the dead hours to make it appear like there is activity!

 

[trader28]

50 - 100 trades in 3 hours? What method are you using?

 

[WmWaster]

Quote from trader28:

50 - 100 trades in 3 hours? What method are you using?

As its name suggests, scalping!

 

[WmWaster]

Quote from dnaj65000:

Play World of Warcraft and 6.5hrs will fly by in no time. Alt tab out when you see a trade on your multiple monitors.

www.worldofwarcraft.com

WoW
You like wars?!

 

[WmWaster]

Quote from scalper21:

I cut my trading time down to the most active time frames.
8:30-9:30/10:00cst
1:30-3:00cst

I make roughly 50-100 trades a day. I try to be as active as the market allows in these time frames. I have found that if I try to sit in front of the computer for the entire trading day I get a little psychotic!

I worked and traded on the floor of the CME a couple of years back. One advantage of trading on the floor was it was easier to see when the market was dead. When things did die on the CME floor everyone would talk and goof off. Steering at the computer it is sometimes hard to get a grasp of when to take a time out. Especially on Globex in Stock Index Futures because the big locals will still push the market around in the dead hours to make it appear like there is activity!

Similar.

Now when I see the market becomes choppy, I stop trading and do my loving stuff. I will take a look once in a while to see if there's any change/development.

Life is much easier in this respect, or I'll fall asleep soon.

 

[trader28]

Quote from WmWaster:

As its name suggests, scalping!

That part I got, would be interested in a few details, I'm sick of waiting half an hour for my perfect setup, always thought trading would be a little more exciting than that

 

[trader28]

I should add I'm from Australia so I find myself trading at 4 oclock in the morning... an exciting style of trading would help enormously in staying awake... at the moment I'm underwriting the Brazilian economy with my coffee intake

 

[Cheese]

Boredom in Trading
One answer is to move to training paid assistants to trade markets for you. It will depend on the success and transferability of what you are doing, whether you are an effective delegator and also if your own aspirations are big.

 

[cashmoney69]

Boredom in trading...set stops, and go back to sleep

 

[ElectricSavant]

I write in here....look at my post count I am real real bored...money is also a motivating factor...we are working on buying a second home at we are deadbored-focused on that...

make your trading real and take a little of your profits out monthly and SPEND THEM...make them real.

Quote from WmWaster:

Hi.
As a manual trader, did you watch at the screen (nearly) every day, trading in and out?

Have you ever felt bored when you keep doing the same things (nearly) every day?

If so, how do you overcome these kinds of boredom?

Thank you.