Ever felt like being very tired and stuck in a rut when trading day by day? Ever felt like you're fed up and the markets don't make a difference no more and sometimes even fail to remember what trade you have put on what?
Well, i see so many people in their first years struggling to get that all-shiny multiple monitor setup they all dream of, that fast news service, that charting application that displays a hundred billion indicators and charts at the same time (if it could only display them transparent on top of each other ...
lol)...
Hold up, just wait a minute... Step back from the screen, pick up a piece of paper and a pencil (not pen, plain ol pencil), sharpen that pencil, start writing your orders on paper, make some calculations, on paper.... Notice how good that feels...
For a minute you were there, on that white, blank, piece of paper.... You were free... nothing to see, just void you had to fill up. Wasn't that nice?
The blank piece of paper had you focus more on what you were writing, what you were doing. It had you involved, it didn't strain your eye, nor did it hurt your brain.
In contrast, think about your 10 screens and 100 markets... Where are you rushing? Where do you want to go that fast? If you have an edge it will work better on 10 markets than on 100 of them. Think about this and think about the fact that the less technology between you and the market, the better it gets as you are more focused and in the game, mentally.
Too much information hurts.
Well, i see so many people in their first years struggling to get that all-shiny multiple monitor setup they all dream of, that fast news service, that charting application that displays a hundred billion indicators and charts at the same time (if it could only display them transparent on top of each other ...
lol)... Hold up, just wait a minute... Step back from the screen, pick up a piece of paper and a pencil (not pen, plain ol pencil), sharpen that pencil, start writing your orders on paper, make some calculations, on paper.... Notice how good that feels...
For a minute you were there, on that white, blank, piece of paper.... You were free... nothing to see, just void you had to fill up. Wasn't that nice?
The blank piece of paper had you focus more on what you were writing, what you were doing. It had you involved, it didn't strain your eye, nor did it hurt your brain.
In contrast, think about your 10 screens and 100 markets... Where are you rushing? Where do you want to go that fast? If you have an edge it will work better on 10 markets than on 100 of them. Think about this and think about the fact that the less technology between you and the market, the better it gets as you are more focused and in the game, mentally.
Too much information hurts.