Why can't you trade before/after work, trade on your days off or find a new job that better fits your trading schedule ???
I'm losing money and can't stop. How do you be patient?
- Thread starter jinxu
- Start date
Why can't you trade before/after work, trade on your days off or find a new job that better fits your trading schedule ???
Market is closed after hour.
Market is closed on the weekends.
Most good jobs are 8-5.
Uh. I hope you see the humor in your questions.
Why are you putting yourself in a situation that MIGHT lead to failure, instead of addressing the real issues ?
1) When you are at work, you are being paid to attend whoever pays you.
Your subconscious is aware of that. Unconsciously, somewhere at the back of your mind, there MIGHT be these thoughts that you are stealing someone's money. And may be you deserve to get fired for that.
Down the line, even if you get fired, these subsonscious thoughts will not be addressed, and you'll have problems with your trading.
2) Why the rush of absolutely putting some trades in ?
Some traders I have seen - as they never showed up on the trading floor - would just turn up certain days of the month ( for instance NFP), or even certain days of the year. And were doing fine.
Do you associate the number of trades to doing well in trading? The more "trades you put in", the more likeky you are to do well?
3) you got tired of demo: why? because you feel demo is not real money, and then ? and then ? Are you trading for the GREED ?
4) why not address the issues you have in your job? Are you using trading as an escape route. Getting fired would be a good way to get out of a job you do not like but have no courage/honesty to recognise as the real reasons.
If that's your answer about your job...your boss may put you in a position for you to find another job that fits your trading schedule.
Seriously, you can trade other markets before work/after work instead of trading markets that are only available during your work hours. I know such for fact because you talked about such several years back. Thus, you know there's other trading instruments that will allow you to trade and work without them psssing off your boss.
Good luck with stealing hours from your boss and could hurt your resume. Be careful if such happens (getting fired) because you're new potential employer may give your prior employer a phone call...they do that sometimes if you list your prior employment as a reference on your resume.
Seriously, you can trade other markets before work/after work instead of trading markets that are only available during your work hours. I know such for fact because you talked about such several years back. Thus, you know there's other trading instruments that will allow you to trade and work without them psssing off your boss.
Good luck with stealing hours from your boss and could hurt your resume. Be careful if such happens (getting fired) because you're new potential employer may give your prior employer a phone call...they do that sometimes if you list your prior employment as a reference on your resume.
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Uh it sounds like you haven't been in the workforce for awhile have you. I guess 30 years maybe. I'll ask a similar questions i the logic you're using against me. If you haven't had a real job in 30 years what makes you qualify to be advising or judging about it. It's like an ET trader who never even touch a computer giving trading advice here.
Also fyi I have asked my supervisor to fired me or laid me off. He said no. I'm in an indurstry that is hard to get fired from. Currently I'm in a position to get a paycheck just for showing up. I'm gonna milk it as much as I can. Not that it's really your business.
Also fyi I have asked my supervisor to fired me or laid me off. He said no. I'm in an indurstry that is hard to get fired from. Currently I'm in a position to get a paycheck just for showing up. I'm gonna milk it as much as I can. Not that it's really your business.
Uh You really think I trade demo because it's fun?
30 years ?
Never touched a computer ?
(I need to think awhile about this analogy by you)
Wow, you told me several years ago about your options of trading before/after work. That's the information I'm using. Yes, I do give consistent advice not to trade from work even if someone hates the job...its self-sabotage for the trading and the job.
I will now ignore what you stated some years back about your trading opportunities in markets that do not conflict with your job. I believe you had a different profitable trading system then but the same story...trying to find a way to grow your account.
Good luck with your situation and if you don't want it to be anybody business...
Don't talk about it at a public forum. You will then receive no advice.
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Trading isn't really that hard. It's see the trade, take the trade, and then manage the trade. Although I meditate before I take any trade for a boost in brain power. So I may be cheating.
So far this week I had a 100% success rate in my predictive modeling. I traded with real money 2 out of 5 days. However, while profitable I didn't extract the full profit potential that I could have made. My next step is to optimize my profit taking.
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That sounds like me. I get impatient waiting for the next stock and start overtrading. I learned not to do that after I realize all my gains from timely good trades started diminishing from speculative overtrades. If I trade it's gotta be a stock that I feel has a very good chance of gaining 10% or more in the next 24 hrs even if it's gonna be the only trade I make for the day. There is no magic formula for that it just takes discipline.
If you just started trading like me it is very tempting to overtrade esp after some losses that would make you feel like you've an obligation or deathwish to make it back. That's when you start overtrading & things usually go downhill from there.
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