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How do you guys heal from a bad week from the market.
- Thread starter exaltedangel09
- Start date
Quote from exaltedangel09:
How do you guys deal with a bad week from trading?
Friday night: Fuck, eat, fuck, party, extra vitamins, water and V8 Fusion.
Saturday: Flying, fishing and working out hard, extra vitamins, water and V8 Fusion.
Sunday: Repeat Friday (no booze), add whole body massage, extra vitamins, water and V8 Fusion. Early to bed.
Monday: Forget last week. It's gone.
Never had a bad week from the market, only from the errors of my own finger on the mouse. Don't ever punish yourself, it is counter-productive to profit.
Take a step back... take a walk in the aprk...
get some rest... and most importantly clear your head.
the key in the game is patience... it really is a virtue.
The most common mistake is for a trader to jump right back in and get aggressive when they had a bad loss... their not thinking straight...
there are trading opportunities everyday... wait, be patient, and pick your spot.
get some rest... and most importantly clear your head.
the key in the game is patience... it really is a virtue.
The most common mistake is for a trader to jump right back in and get aggressive when they had a bad loss... their not thinking straight...
there are trading opportunities everyday... wait, be patient, and pick your spot.
if i have a bad day because of forcing things, putting on too much size, etc. i take the next day off.
if i have several days which cumulatively add up to the stuff above, i take the next day off.
i generally get those 2 days of head-clearing with the weekend, so i don't like taking monday off. however, i've learned to be extra patient - if i get antsy, i can get myself in a bigger hole.
so after a bad week, i try to use the weekend to clear my head. but during the week, i might take a day off or something
if i have several days which cumulatively add up to the stuff above, i take the next day off.
i generally get those 2 days of head-clearing with the weekend, so i don't like taking monday off. however, i've learned to be extra patient - if i get antsy, i can get myself in a bigger hole.
so after a bad week, i try to use the weekend to clear my head. but during the week, i might take a day off or something
the first few years i traded if i had a bad day i'd buy myself a present. i mean if you just lost a few thousand, whats another couple hundred on top and if you are on your way to broke you my as well have some fun on the way. after i had established to myself i was a winning trader, i no longer was phased by losses and stopped bothering with such games.