Help needed - I overtrade after 11am

[SunTrader]

NQ with TOS Sequence Counter on Daily.

View attachment 277494

2 bars short of top (close but no cee-gar):-

 

[murray t turtle]

Hey at least I learned, I did it right today. I overtraded mid-day as usual but very small 50 share trade round trips. Lost a few hundred in stops.

But I traded my favorite end of day pattern, uvxy, in size as much as 400 shares per trade and ended up in the money.

So that's one solution, if you're compelled to trade midday, trade very small size.

Look at the end of day UVXY chart and notice how similar it is to yesterday's UVXY end-of-day run.

That's my favorite most consistent pattern is end of day vix etn trades.

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I like the trade smaller or cash markets/ETFs, when losing$$.

 

[Flummadiddle]

I have never held a real job...been a trader for 22 years. I trade for the first 90 minutes most days...and come back at the close. I walk into the close with the attitude of not making a trade unless something peaks my interest. Hit it & quit it!

I guess many new traders come with the notion that in order to be a successful trader you need to trade all day. However, this is not true. They need to know you can become a successful trader by trading part-time as well.

 

[nyxtrader]

There are times I sit in front of the screen all day. I just think a break is always good in the middle of the day. Back when I first started trading , I traded all day...30 minute lunch...don't need that stress anymore...either the set up comes...or it doesn't.

 

[gabriella]

I guess many new traders come with the notion that in order to be a successful trader you need to trade all day. However, this is not true. They need to know you can become a successful trader by trading part-time as well.

I am also a new trader and practicing on demo for time being. Thanks for highlighting this as I was a little confused about this.