Help needed - I overtrade after 11am

Discussion in 'Psychology' started by KCalhoun, Sep 15, 2021.

  1. cesfx

    cesfx

    11am?
    How about cooking some complex tasty dishes and invite a friend or a relative for lunch :D
     
    #31     Sep 16, 2021
    KCalhoun likes this.
  2. If you’re losing with your strategy after 11 A.M, simply don’t trade after 11. I don’t see why people here are encouraging him to trader after 11 when it is clear that he needs to change the strategy if he wants to trade at that time.
     
    #32     Sep 16, 2021
    KCalhoun likes this.
  3. SunTrader

    SunTrader

    Analyze your losing trades - why did you lose? Without doing that all the well meaning suggestions in the world won't help you any.
     
    #33     Sep 16, 2021
    KCalhoun likes this.
  4. If its your emotions taking the wheel use external task to keep you occupied
    just close your PC and hit the gym or a walk at 11
    I'd even suggest you not to check mails or new on your trading PC after 11

    If you see a series of pattern for your losses then rectify it, in your case you've already done it.
    There is no point of giving your profits back to the market
    call it a day and start fresh the next day
     
    #34     Sep 16, 2021
    comagnum and KCalhoun like this.
  5. tango29

    tango29

    Ken, I trade mostly on the futures side, but same issue. Awhile ago I decided to mostly watch the markets from 1300 CST on, do research, and occasionally take a trade if it was one of my better setups. Why if you have identified that it is hurting your income do you keep trading? Others have made good points on that question, and I think you would be better served to stop trading and take the time to figure out if there are other setups that would be better if the ones you are using don't seem to work after a particular time frame.
    Most days anymore I am done with trades by 1100 CST unless I have a trailing position on, and then I may add if I see opportunity, but am rarely taking new trades in futures.
     
    #35     Sep 16, 2021
    KCalhoun likes this.
  6. I can't comment on why it appears plays seem to work at a certain time of day and not at others.... actually that notion to me seems ridiculous.

    The best you can do is, "trade what you know".. "trade what you see on the chart". The time of day a trade sets up is irrelevant.
     
    Last edited: Sep 16, 2021
    #36     Sep 16, 2021
    KCalhoun likes this.
  7. %%
    IF some never gives up some profits;
    probably an underperformer to max,LOL
    Most likely losses are an ETF pattern \ like i lost more in ETF semi conds.........................so skip that for me..............................................
     
    #37     Sep 16, 2021
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  8. KCalhoun

    KCalhoun

    Hey it's 11 and stopped, thx all. Down a bit playing GDX/DUST TZA UVXY. Put in OTO orders for automated trades.
     
    #38     Sep 16, 2021
  9. KCalhoun

    KCalhoun

    Setups that often work before 11 often don't work after 11 bc lunch choppy markets and lower volatility
     
    #39     Sep 16, 2021
  10. KCalhoun

    KCalhoun

    This is my wife, I'll try making 11am play dates or whatever with her.... work work work lol :p

    wife.jpg

    I haven't cooked nor cleaned in the 20 years we've been married.... very traditional life, she's from Kobe. Love it. And almost no arguments..
     
    Last edited: Sep 16, 2021
    #40     Sep 16, 2021