Trading vs. Over-trading

Posted on May 17, 2006
Tags: Day Trading, Trading Plan |

I found this post and email quite true.

It’s funny, but part of the problem I’ve had is wrapping my head around the idea that not every day is a good day to trade, which leads me to believe that realistically, I might only have 2 or 3 days a week that are optimal trading days. That’s great and everything, but I’m used to being someone’s slave working 12+ hour days at all hours of the day and night. Working only 2 or 3 days a week and making ungodly sums of money is just…weird.

From Say no to crack. Trade on active days. I found the site via TraderMike.

Comments

5 Responses to “Trading vs. Over-trading”

Scott on May 18th, 2006 2:58 am

“Working only 2 or 3 days a week and making ungodly sums of money is just…weird.”

But, it’s a *good* wierd. After all, that’s the “dream,” right?

“Money for nothing, that’s the way to do it…”
Scott on May 18th, 2006 2:59 am

Oh yeah, and your chicks for free!
eyal on May 18th, 2006 3:14 am

:) Yeah the only caveat though is that it really depends on the definition of working. With trading you have to show up to the party 5 days a week, you might only be ‘productive’ 2 or 3 out those days, but you still gotta do the footwork..
Scott on May 18th, 2006 4:02 am

I haven’t quite perfected the “making ungodly sums of money” part, yet, either.
Babak on May 18th, 2006 12:40 pm

It might sound ‘weird’ but not when you realize that knowning when to step aside itself requires a lot of experience and knowledge.