Does trading wear you out?

Quote from minmike:

I appreciate all of the replies. It is nice to know that I'm not alone in what I'm experiencing. I like all of the suggestions to do something "other" in the middle of the day. I have thought about it before. I find it hard thought. As I'm getting ready to leave I keep seeing these trades that should make money, not enough, but some. (The phrase nickles in front of a bulldozer comes to mind.) I start to feel like I might be cheating myself by not staying. I always have justified how well I'm doing compared to friends in other lines of work by taking risks and working hard. While a midday nap sounds great I think I might start to feel like a slacker.

About the trading on vacation, I was helping some family and taking advantage about having a mobile profession. That is a big perk to me. And trading only 2 hours a day and then taking a nap certainly felt like vacation!!


Its the current state of the market - low volume, low volitility, and range bound - where countertrend strategies prevail. If anyone tries the trade a market like this all day long - yes it can wear you out. I deal with this situation by setting a trail stop and profit target for the day on low volume days with no news. On trend days I'll put in more hours. The great thing about this way of trading is that it frees up time to do other things. And most traders will agree that freedom was one of the major reasons they became traders in the first place so why chain yourself to the moniter all day long. Besides after your up a certain amount on most days, the law of diminishing returns sets in unless your really in the zone or its a huge trend day.
 
Quote from CaptainObvious:

The only thing that wears me out is reading posts about making 50% returns, and the like.

What would be so difficult to believe about 50% returns?
 
Back
Top