[wsam29]

Here are my thoughts regarding boredom and trading.

If you have a method that you know is successful and you are a profitable trader, there is no reason to trade because you are bored. When you trade because you are bored, you either do not have a method that is successful and therefore you trade for the desire of being right.

This is no different than playing a pot in poker with a junk hand but you over bet the pot and have gotten yourself too invested in the pot and cannot walk away from, outcome, you end up losing money. Losing money does not bother you, its the fact you made a dumb play to begin with whether that be in poker or trading.

I don't know about everyone else but I hate sitting in front of this computer for more than 4 hours a day when the market is open.

[wsam29]

and yes, I used to trade when I was bored.

[drk1t]

Bored? There's always porn until the markets start moving again.

[hanz]

Originally Posted by drk1t »

Bored? There's always porn until the markets start moving again.

hahaha...

when ur hooked with porn,u'll gone miss a setup :p

i ever had a position which i used a mental stoploss...at that moment the market is flat and boring...hence i forgot to place stoploss and proceed playing games...

when i come back i see -197 pips

(faint)

[Happyguy]

Yes, I believe that most traders have done that. Thats why to be a successful trader requires one to be very discipline by strictly following our rules and not to trade when there is no set up. It is not easy to overcome the urge to trade when bored but it can and must be done !