Ever "lose it" after a break from trading?

Discussion in 'Psychology' started by wartrace, Jul 14, 2016.

  1. wartrace

    wartrace

    I recently took a two week break from trading when I went on vacation. I came back and just didn't seem to be seeing the trades like I did. I attempted to trade and made some bonehead mistakes. I've been back on sim for this week since Monday morning (after two bad live trades in a row) trying to get back into it. I think I will be back live trading next Monday since today I was seeing "it" better today.

    Next time I will not attempt to trade live after an extended break. I am thinking at least a day or two in sim would be a good idea in the future.
     
    VPhantom and wrbtrader like this.
  2. TradeCat

    TradeCat

    It's like sex. Use it or lose it.
     
  3. Redneck

    Redneck


    Always..., no exceptions


    Absolute that we preform at the highest level

    Impossible to go from zero to 100% in a blink of an eye

    So to - it takes time to decompress


    No shame in doing the right thing to prepare ourself - ever

    RN
     
  4. wrbtrader

    wrbtrader

    Strongly agree...

    Its not just a trading thing. That's why you see professional athletes have a brief "training camp" to get back into shape before the season starts. Heck, it's not even a sports thing.

    Some jobs give employees (e.g. women returning back from maternity leave) a light work schedule for about a week to allow them to reacquaint with their job duties before they go full speed again.
     
    VPhantom likes this.
  5. Trading is kind of a funny thing -- it's a very simple, yet also very complex thing at the same time.
    Alot of excellent traders are in The Groove one period, then kind of gone or greatly diminished another :p:vomit:

    But in all seriousness,
    if you find yourself blaming some divine forces for your trading inconsistencies or failures...then maybe you should take a long hard look in the mirror, at your strategy and self.
     
  6. Handle123

    Handle123

    What I have always done, print out last twenty days of whatever you trade and even on vacations, each day look at five days of how you traded and really study the charts for twenty minutes, you be surprised how many new ideas this will spark. I found when I didn't do this, I would have brain fog, so what's twenty minutes to stay sharp when you come back.
     
    VPhantom likes this.
  7. Simples

    Simples

    Are you clear what you're trading, why it should work and what wouldn't work? Small losses is expected, so maybe you've really relaxed on holiday and not mentally prepared for harsh realities of markets? Can you spot wether markets have changed, or your trading have changed? If your trading has changed, how do you plan to retain your trading plan during holidays?

    I always make a point to write down my trading ideas and plans, even if just in code. So there's no chance of losing anything, just discovering that my plan has holes and need to be reworked (actually, am right there now again :banghead::p). Your plan is perhaps perfect and will always do the right thing, however, markets often prove us wrong and we need to either stomach that or adapt.
     
  8. wartrace

    wartrace

    I know what the problem is. I trade the 6E using order flow on DOM/tape and footprint chart. I was just not seeing it like I normally do. It took a little time to get my brain to "click" back into seeing it.
     
    Simples likes this.
  9. Zestilio

    Zestilio

    Well you know, it's still a vacation after all. Like I wouldn't want to spend even a minute of my hard-work earned rest in front of some more charts.
     
  10. Handle123

    Handle123

    We all have different ways to live and work, given my day trading reduced to 75 minutes a day as a Scalper and now more forgetful than ever, just using twenty minutes a day, I am ready when I come back than wasting days of getting back in the groove ripping off what others throw to me.
     
    #10     Jul 15, 2016