Daytrader lifestyle =boring
- Thread starter bat1
- Start date
you should be used to it. isnt the military all about hurry up and wait?Quote from bat1:
I retired from the Military in Jan 2010
So I got into trading Nasdaq Stocks
I been doing OK however it get boring and lonely at times
when wife is away at work.
I would like to know how you guys beat the boredom
and looking at the walls day to day
Daytrading is a lonely, boring job.
But what are my alternatives?
-- Work for someone else?
-- Make a lot less money?
-- Have a shitty boss or unreliable employees to worry about?
Truth is, the alternatives suck.
But what are my alternatives?
-- Work for someone else?
-- Make a lot less money?
-- Have a shitty boss or unreliable employees to worry about?
Truth is, the alternatives suck.
Quote from bat1:
I retired from the Military in Jan 2010
So I got into trading Nasdaq Stocks
I been doing OK however it get boring and lonely at times
when wife is away at work.
I would like to know how you guys beat the boredom
and looking at the walls day to day
95% of the time i'm watching tv or browsing the web. recently i bought a ps3 and have been playing COD MW2. it's sad but i've already logged in 13 days of playing time.... thats 312 hours...
anyone can add me as a friend if you like playing during the trading day, username 'milddownsyndrome'
but if i sit at the computer i tend to interfere with my systems, overtrade or revenge trade so it has definitely saved me money
anyone can add me as a friend if you like playing during the trading day, username 'milddownsyndrome'
but if i sit at the computer i tend to interfere with my systems, overtrade or revenge trade so it has definitely saved me money
Daytrading is not the only way to trade. I do short term trading (average 3-4 days) entering orders overnight with little to no need to followup during the trading day as well as some longer term trades that I only update weekly. I invested time in the strategy research, but not much is needed for the execution. I am making enough money this way to live off of, but some of it is not available (IRA) and I'm looking for more of a cushion so I'm still at a full time job. I would still prefer day trading to my job, I just don't think I have the time, skill, and patience for it.
How are you entering orders overnight? Entering them as a limit order and leaving your broker platform running while you are away?
I would worry about crappy fills otherwise...
Occassionally I do get crappy fills, I got one today - still it was at my limit. More often I get filled better than my limit and of course much of the time right at my limit. Once my order is placed with the broker it doesn't matter whether I have my platform running or not, and I always use limit orders.