Trouble sleeping

Cutten · Nov 15, 2006

Quote from cashmoney69:

It seems sinse I started trading, I haven't been getting the sleep I need. I keep thinking about what my stock will do the second the bell rings and weather or not I'll make or lose a ton of money.

Sometimes I stay up all night just so I can make it to the opening bell before passing out some place. As a result, I've missed my classes, cant focus, and my schedule gets all screwed up.

I dont want to take sleeping pills, so what do you guys do?

cm69

The old advice is "Sell down to the sleeping point".

crnindia · Nov 15, 2006

Till you do not enjoy trading, you will never earn in trading. And you can enjoy only when you follow all rules of trading. The rules of trading you can get from any site.

Rearden Metal · Nov 15, 2006

Finally, you're showing some potential, C69!

Your present display of obsession is great leap forward from this sorry display of pikerthink.

Nearly all great traders are obsessed with their work. They say neurosis is bad? Well, maybe if you're an accountant or a mailman. For the trader however, a supposedly 'unhealthy' obsession with one's work is a mandatory perquisite for greatness!

Here's something that a guy with a healthy, balanced perspective on life would say: (Translation: No neurosis- no riches. He's clearly a piker.)

Quote from Optionspoet:

What you are talking about is a gambling addiction. Step back for a few months until you get your life in order. Your priority at this point is your education, not trading. Your education will be there long after you've blown your umpteenth account. The markets have existed for millions of years (even cave men traded one thing for another ). I'm sure the markets will be here when you graduate.

When you get back into trading, start with swing trading using smaller lots. This will facilitate your studying, trading, and overall enjoying life.

On a less serious note, you are in college...look around bro. I'm sure you can spot a few honeys that will take you mind off things for a bit. If you can't...ask for a friggin transfer.

romik · Nov 15, 2006

Quote from Rearden Metal:

Finally, you're showing some potential, C69!

Your display of obsession is great leap forward from this sorry display of pikerthink.

Nearly all great traders are obsessed with their work. They say neurosis is bad? Well, maybe if you're an accountant or a mailman. For the trader however, a supposedly 'unhealthy' obsession with one's work is a mandatory perquisite for greatness!

Here's something that a guy with a healthy, balanced perspective on life would say: (Translation: No neurosis- no riches. He's clearly a piker.)

Great post.

Rearden Metal · Nov 15, 2006

Quote from romik:

Great post.

Impressive.

Only a great trader (or at least someone with the potential to become one) has the capacity to appreciate that post. The 90%-ers probably hate it.

romik · Nov 16, 2006

Quote from Rearden Metal:

Impressive.

Only a great trader (or at least someone with the potential to become one) has the capacity to appreciate that post. The 90%-ers probably hate it.

no easy ride

When I used to study jazz piano I used to rehearse 5-6 hours per day, when I ran a restaurant I used to be there a minimum of 12 hours per day 7 days a week. Nothing new here, if you really want something, a certain price has to be paid and time sacrificed, it's 5am in the UK, I think I managed a couple hours sleep. It's not a big deal IMO.

88888accountant · Nov 16, 2006

O.K. My 2 cents.

1. I trade better when I have slept, even if its just 30 min. for a while I could only go to sleep at 5 AM.

2. Alcohol works only for short term, after about 3 days it creates insomnia, and will work to incite depression.

3. Microfoam RULES!

4. Melatonin only works to reset schedule. It will not overcome alcohol.

5. Your sleep depravation is not really trader related. most kids at christmas fall asleep. You need to address the real problem before it create others.

Hopes this helps. Of course its 1am right now, lol

taleb31 · Nov 16, 2006

I agree with this 100%. I think this is a prerequisite for success in most things in life, most notably occupations where sucking your boss and playing the political game won't get you to the top (i.e. not for the 90%-ers)

Quote from Rearden Metal:

Finally, you're showing some potential, C69!

Your present display of obsession is great leap forward from this sorry display of pikerthink.

Nearly all great traders are obsessed with their work. They say neurosis is bad? Well, maybe if you're an accountant or a mailman. For the trader however, a supposedly 'unhealthy' obsession with one's work is a mandatory perquisite for greatness!

Here's something that a guy with a healthy, balanced perspective on life would say: (Translation: No neurosis- no riches. He's clearly a piker.)

cks316 · Nov 17, 2006

I am also a college students and was considering day trading, but changed my mind to trade over 2 or 3 months at a time. This way I'll still learn about the markets and have time to enjoy my last year.

You really should take it easy bro... i'm with optionpoet, find a chickenhead around campus to take your mind off things (these are the best years of your like... so my professors said).

Quote from Optionspoet:

On a less serious note, you are in college...look around bro. I'm sure you can spot a few honeys that will take you mind off things for a bit. If you can't...ask for a friggin transfer. [/B]

cashmoney69 · Nov 17, 2006

Quote from cks316:

(these are the best years of your like... so my professors said).

--

life?

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Maybe to some. I go to Community College...its not like I go to the University of Wisconsin (#1 party school). It's the same as High school, except some of your classmates are old enough to be your mom