11-30-2012, 08:57 PM
Join Date: Jun 2011
Thanked 70 Times in 64 Posts
Re: How Do You Feel After the Trading Day is Over?
Originally Posted by Vince50 »
Penny bags, Im stunned. If trading is a big part of your life, how can your bad days not be from the thing that is so important to you....trading!!!!? Unless your choice of relationships are sooo bad you cant think of anything else, LOL I admit I never heard an answer like yours. Is that good or bad? Elaborate a bit if you dont mind....
My bad days are not all that bad anymore. Even on a day where I'm not trading well I manage to drag off something or finish flat (ish)… no real damage done. It wasn't always that way and I'm not so far removed that I can't easily recall the pain.
Finishing (beginning) emotionally flat on the day is a good skill to learn. It may just be my personality, but I know that after a large day, I'm going to be looking for follow through on the next day. Likewise; or possibly just the opposite, on a "bad" day I'm going to follow on the next day looking to make up lost ground. There are some aspects of "good" and "bad" fortune that forms any trading day… it's not all you… so, get over yourself. I try not to put too much emphasis on the day-to-day efforts, but more emphasis on the longer term results.
Trading is a large part of my life… my previous career was as well. When working for a salary, you can have a bad day and still come away with a paycheck (one of the best things about having an employer). Trading is no different… you're going to turn in a bad performance once in a while… you pay. Not understanding the game or getting bent out of shape over a bad day seems unrealistic to me. Soak your head… throw stuff… break stuff… go work out… get over it. My method is to pour a double scotch… then sip and slip out of the day… but I do that on the good days too (ha).