frank2403 5 Posted January 7, 2018 I was wondering what are the different work ethics that you guys use to get better at trading? By that I mean sleep pattern, coffee/drug/alcohol consumption, reading books and how you take notes and how do you remind yourself of your weaknesses during trading? Maybe we can learn from one another. I try my best to sleep at least 8 hours and never take any medicine/drugs or alcohol unless it's friday or saturday I wake up 2 hours and 30 minutes before market open so I'm fully awake by 9:30. During this period I ate and I did a couple push up and squats to wake me up I go over my plan and what I want to work on (ex: tightening my stop losses). I start trading. Every time I finish a trade I stand up and move around a bit to calm myself and assess my emotions (I want to be fully stoic while trading) When I'm done trading I do my own recap quickly and take a break Later in the day I go over my recap and I look for what I did great and what I need to work on next time. I got a spreadsheet with things I have to work on and five squares next to them. Every time I see a weakness I write it and every day that I did not do this mistake I check one square. If I make the same mistake I erase all the check marks . when all the squares are filled I erase that line. I put a post it on my screen with the mistakes that I have the most trouble with. I have to read at least one hour a day when I start a new book. When I finish the books I write all my notes into a one page word document and print it. I go over theses notes at least once a week. I wait a couple of weeks before starting a new book because I know that I will forget what most of it was about if I don't let the information sink in. It's important to remember what you studied and not just fill your head with information that is not helpful. So for a few weeks I just go over the notes so I remember all of the important information and forget what is useless. Then I start a new book that talks about one of the things I need to work on. Keep in mind I don't consider myself a successful trader yet but I would say that my work ethics as been what made me successful in most of my endeavor this far. I hope this can help some people that are willing to put the effort but did not learn a proper work ethic and I'm sure that I will learn a lot from all of your routines as I know this is what makes or breaks great people! Share this post Link to post Share on other sites
jcav 0 Posted January 8, 2018 I normally wake up about two hours be the markets open, have a cup of coffee, take a shit, and if im hungry maybe eat something. I usually read the paper and get my computer all set up. For me I found that I like to be fully awake but very calm, I know some people that like to get amped up but not my style. I usually then start to make my watchlist around 30-45mins before the open, I also go over my game plan and strategies. After im done trading which is around 11(im on ny time) I print out all of my trades and then go workout leave the house get away from the market for a while and then continue my day. Late at night about an hour before I got to bed I recap for the day it helps me get ready for the morning too. All my trades I keep track quarterly. In the heart of my day Im either Studying or trying to learn something new. Im a big believe in that nobody should ever stop learning, I try to use every minute of my day. Share this post Link to post Share on other sites
frank2403 5 Posted January 8, 2018 Nice! It looks a lot like my days actually. I'm curious about your printed trades, do you go back to them? make some sort of stats? Share this post Link to post Share on other sites
