Quote from Picaso:
I asked because I've been there and it really sucks (maybe I should have clarified that's why I asked). Arm yourself with patience. Not only as Rashid mentions you're tired/stressed and trading a suboptimal time of the day, but you start trading with a "job" mentality (at least I did a bit) that you don't get paid to warm your seat and that if you're not putting on trades, you're wasting your time. This led me to a lot of overtrading as in...
Nodoji has given you some very good advice regarding this.
Yeah, it definitely sucks, but I believe it`s my best bet at the moment. The good thing is that I`m not dependent on making money (even though the desire to do so is sometimes stronger than it should be) on my trading.
Regarding scalping (which I have had some success with), I believe my focus still should be to sit on my hands and stalk the market waiting for bigger opportunities, BUT on the other hand I need to be able to close out a position with a SMALL profit (even though I had my eyes on a big one) when I see that the market is not validating my original idea.
So, did you trade your way out of your day job or what happened?
My current situation is not sustainable in the long run, so we`ll see what happens. I will re-evaluate in the holidays. I might quit my day job when I have 3 months of savings or so.
Best regards,
LF
So I have no (major) schedule problems; if I have a tight deadline I simply skip a day or two of trading.