...i click the mouse button EXACTLY 72 times and must complete all trades with only 72 clicks. dont forget you need to set aside 3-5 hours at night to prepare for the morning rituals. cannot be successful otherwise
No offense, but there is some real obsessive horsesh*t in this thread. This throws light on the state of independent traders. The only place where it matters to bring precision and certainty to bear is in your trading during the trading session. And where instead is all the precision and obsession? Why, its in the personal routines and rites of the player. Just ain't it true, huh?
i used to everything the way everyone described but i had enough of that. now i wake up at 730am take my son to school, on the way back, stop at mcd's and have a sausage egg mcf and a diet coke. i get home by 815am, make sure my systems are ready, place the trades at the 830 open enter my stops and leave. the more im in front of my screen, the worse i do. pat
Hello Pat: Just wanted to wish you Merry Christmas Good luck in the markets in '06 Who knows, maybe we will get that "tender bear" market you have been waiting for this year. Steve
I do my best to start reading news (Wall Street Journal and NY Post), watch CNBC and make research 1 hour before NYSE opening bell. By 9.30 I have taken a few cups of coffee and I'm at full throttle, I usually make half my money from 9.30 to 10.00. I try not to trade from 12 to 2, my stats show that this is a bad time for me to trade. I usually use this time to eat, see sports news, place bets, play poker and watch some porn keeping an eye on the market or take a walk, the area around my office is nice (Downtown Manhattan). From 2 to 4 I usually trade with smaller amounts of money, I find this time to be harder than the mornings. After that I remain for 1 hour making numbers. And after going to the gym I spend the afternoon making some research on stocks that mite move on the following day.
i wake up at 2.45 am and put my tt on and ready to fire when europe opens. i then trade for two hours or so, and fall back asleep and get back up at around 6.30. I then get active again at 8.30 am when the numbers start coming out. If its the last two weeks of expiration, i am by my screen 20 hours a day. The first couple of weeks, i take some days off, especially right after expiration. I have been doing this for 17 years. I still bench 300 lbs. I am 48, and don't look a day over 70. My 3 exwives can attest to that. I love trading.
Tiv......... You are an animal. With that routine...I wanna be your broker. I got cheap rates for you. WE do not quote per RT but number of hours a trader trades a day.