Welcome to my Shit Show

[Matt_K74]

Matt, do you have a 'trade routine'?
What hours?

6:30 (mountain time)
Start trading platforms and pairs/option system. If it's not a major news day (fed, cpi, jobless claims ...)[i check marketwatch economic calendar] also start a day trading system. Launch final analysis step for pairs trades - launch jobs to auto-download quotes and run analysis in the evening. (lots of this can run without me but I like to doublecheck).
7:20 (10 mins before market open) - hedge with futures if market went way crazy overnight
8:10,10:00 and 12:00 - check if market moves a ton and possibly adjust hedge
(between 12:30 and 13:30) - spend 10 mins on pairs candidates
13:45 (15 mins b4 close) - check if pairs trades are queued, adjust option delta
between 3 and 5pm - do accounting

 

[formikatrading]

Matthias:

One book that might help you is "Mind Power" by Ruth Roosevelt. IMO, it's a little known gem of a trading psychology book -- quite possibly the best book out there. Unfortunately, you can only get it on Kindle. If you go through the Explorations (rather that just read the book), it will change who you are as a trader.

Again, I'm going to challenge you to shut down this thread and start a new one with a title that is more reflective of the trader you want to be (not the trader you have been).