"Working alone" when trading...

Discussion in 'Professional Trading' started by retaildaytrader, Mar 3, 2010.

  1. 1. Lock doors.
    2. Turn on music.
    3. Trade.
     
    #11     Mar 4, 2010
  2. <a href="http://www.bigoo.ws/Images"><img alt="layouts myspace" border="0" src="http://media.bigoo.ws/content/gif/peoples/peoples_52.gif"></a><p style="margin-top: 0; margin-bottom: 0">

    . . . ahhhh the freedom
     
    #12     Mar 4, 2010
  3. Hey, come on, it's only 35 hours a week.
     
    #13     Mar 4, 2010
  4. drcha

    drcha

    I think it is fine to have CNBC or Bloomberg on, as long as you don't actually use them for anything. In fact, I find them comforting. I have found that if you listen to one of them all day long, you will eventually hear everything--every conflicting opinion will be expressed, which means that no one really knows anything, thus confirming the worthlessness of news.
     
    #14     Mar 4, 2010
  5. yeah, that sounds really efficient!

    how about nipping it in the bud and just not turning on the tv at all?

     
    #15     Mar 4, 2010

  6. hahahhaa . . . . I seriously put in 10 to 15 hours a day most days of the week. Even a part time day on a Sunday is 6 hours or more.
    I really do enjoy it every single day . . . personally there are sacrifices to the solitary trader, but there is a such a deep concentration alone it can be Zen.

    Strange, paralleled with the solitary trader comes solidarity. There is a world behind scenes that is just the coolest part of the experience. Many good people out there trading, sharing, chatting filling the days and evenings.

    Trading and the community we participate in . . . we are so fortunate.
     
    #16     Mar 4, 2010
  7. I used to put in long hours, too. Then I got married and had children. Life changes. I got more efficient. I'm puting in fewer hours, but I'm just as profitable.
     
    #17     Mar 4, 2010
  8. thanks!
     
    #18     Mar 4, 2010
  9. I had CNBC turn on all day, not to watch everything but what NOT to follow some of the things that is reported. To me, it's not the news but the reaction to the news that drive the market. With large audience, the herd mentality can be somewhat gauged. Using technical and fundamental analysis, then I would trade accordingly. So... been profitable.
     
    #19     Mar 5, 2010
  10. why on earth do you need any kind of "noise" when trading?
     
    #20     Mar 5, 2010