Handle123 said:
and one day says I will give you much sickness, like I am now.
Well Handle, exactly what is it that you have contracted ?
You took this out of content, so I refuse to answer.
Handle123 said:
and one day says I will give you much sickness, like I am now.
Well Handle, exactly what is it that you have contracted ?
Great post and many helpful replies! I compare it to being a professional athlete...if you play every minute of every game, your career will end up short. You can get hurt, burnt etc...Try to minimize the amount of time you trade. Keep a journal on when you perform the best, morning hours? the open? the close? which markets?
Learn to take time off and refresh.. just sharing a few quick pointers as i observed thousands of clients over the years and try to learn and share the good and the bad things so others can learn.
5. Advanced simulations. Example: I wrote "Usain," an ultra low-latency tick generation program. On my less-than-$1000 rig, it generates 2ns (nanosecond) ticks. Not only does it generate Sanctum Sanctorum speeds, but also allows me to write algorithms forbidden by the non-display policy:https://github.com/kmiklas/usain/blob/master/README.md
Likely simulates actual price action in the NQ/ES/DJ futures markets.....good for backtesting algos.It generates lots of random numbers quickly? Not sure I understand the purpose of it.
Why simulate if you have REAL historical data to backtesting. Nothing is more real than real data.Likely simulates actual price action in the NQ/ES/DJ futures markets.....good for backtesting algos.
Hi kmiklas,
maybe less is more ? I was in a similar situation, but I learned that I dont have to trade all day long to make good money. I dont know your style, but 80% of my good trades happen during the opening of the equity markets (1st hour).
So what I do now is to really focus on the european equities opening (9:00am Frankfurt time). I really focus for about 1 hour, then I do whatever I want. If I feel like it, I do more trading, if not, I do something else. Later in the afternoon I come back for the US opening (15:30 NY time) and trade for about 30 more minutes. After that, my trading day is usually done.
So on average I really focus on trading for 1-2 hours per day. My results are better than in the past when I tried to make good trades all day long. And I have much more fun with my trading now.
Many possible ways to make money in the markets. If you want to stay with this long term, I think you should find a way that you enjoy what you do. Otherwise you probably wont be able to stick to it or you will maybe not be able to perform as good as you would with something you really enjoy.
Greetings,
CALLumbus
Dear All,
I'm a newcomer to this game, and have only been trading for about six months now. I'm now trading full-time, all day long.
I am finding it to be EXHAUSTING! Don't get me wrong--it's a good exhausting, and I wouldn't have it any other way, but it's still exhausting!
When I had a full-time job, and was on salary, I would play around a lot more: maybe stay out until midnight on a Tuesday and have a couple drinks. Why not? Not so now! I can't afford to play those games anymore. Early to bed, early to rise. I get up in the morning with the sun, go for a good hard run or hit the gym for an hour, have a healthy breakfast, and I'm at my workstation well before the opening bell.
Like many of you, I work very hard at it all day. Taking notes, giving everything I've got to make good picks, and researching as best I know how. When the closing bell sounds, I literally stumble out of my office and collapse onto my yoga mat for a quick nap, utterly exhausted.
I come from a Computer Science background, and would often code from 8-5pm, often later. I would be tired at the end of the day. I sometimes thought, "Why is it that the market closes at 4pm? Jeez... must be nice for those lazy traders... they get to keep 'bankers hours.'"
Now that I'm actually doing it myself, HOLY Mary, Mother of God have I changed my tune! Today at 3:35 I was ready for bed!
Thank you for reading. A bit of a rambling post, but from the bottom of my heart.
Dear All,
I'm a newcomer to this game, and have only been trading for about six months now. I'm now trading full-time, all day long.
I am finding it to be EXHAUSTING! Don't get me wrong--it's a good exhausting, and I wouldn't have it any other way, but it's still exhausting!
When I had a full-time job, and was on salary, I would play around a lot more: maybe stay out until midnight on a Tuesday and have a couple drinks. Why not? Not so now! I can't afford to play those games anymore. Early to bed, early to rise. I get up in the morning with the sun, go for a good hard run or hit the gym for an hour, have a healthy breakfast, and I'm at my workstation well before the opening bell.
Like many of you, I work very hard at it all day. Taking notes, giving everything I've got to make good picks, and researching as best I know how. When the closing bell sounds, I literally stumble out of my office and collapse onto my yoga mat for a quick nap, utterly exhausted.
I come from a Computer Science background, and would often code from 8-5pm, often later. I would be tired at the end of the day. I sometimes thought, "Why is it that the market closes at 4pm? Jeez... must be nice for those lazy traders... they get to keep 'bankers hours.'"
Now that I'm actually doing it myself, HOLY Mary, Mother of God have I changed my tune! Today at 3:35 I was ready for bed!
Thank you for reading. A bit of a rambling post, but from the bottom of my heart.
Dear All,
I'm a newcomer to this game, and have only been trading for about six months now. I'm now trading full-time, all day long.
I am finding it to be EXHAUSTING! Don't get me wrong--it's a good exhausting, and I wouldn't have it any other way, but it's still exhausting!
When I had a full-time job, and was on salary, I would play around a lot more: maybe stay out until midnight on a Tuesday and have a couple drinks. Why not? Not so now! I can't afford to play those games anymore. Early to bed, early to rise. I get up in the morning with the sun, go for a good hard run or hit the gym for an hour, have a healthy breakfast, and I'm at my workstation well before the opening bell.
Like many of you, I work very hard at it all day. Taking notes, giving everything I've got to make good picks, and researching as best I know how. When the closing bell sounds, I literally stumble out of my office and collapse onto my yoga mat for a quick nap, utterly exhausted.
I come from a Computer Science background, and would often code from 8-5pm, often later. I would be tired at the end of the day. I sometimes thought, "Why is it that the market closes at 4pm? Jeez... must be nice for those lazy traders... they get to keep 'bankers hours.'"
Now that I'm actually doing it myself, HOLY Mary, Mother of God have I changed my tune! Today at 3:35 I was ready for bed!
Thank you for reading. A bit of a rambling post, but from the bottom of my heart.