May 08, 2006

Turn the computer off

I have noticed that I do very well when I have my computer off or I go on a long lunch. I trade better when I am not trading at all. Usually if I sit in front of the computer all day, I will close half of the position too soon or I will overtrade. Even adjusting a stop up can generate a lot of missed profits.
This month I am going to try to shut everything down early after lunch and go for a long walk so that my winners will run and I won't overtrade. The alerts are one of the things I like most about Cybertrader.

Comments

I have lost the least amount of money trading in the past 4 years by not trading after lunch. Of course, I don't trade before lunch either, so it works out quite well!

Posted by: Eric at May 11, 2006 04:23 PM


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