Twiddling my thumbs!
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Morning all!
I've only been trading for a short time and am still very much in the learning process.
I recently watched Ryan's videos on having a trading plan and keeping things simple. Since then, although I don't take the plan as in depth as Ryan, I have had 7 consistent days in profit using 2 strategies with small stakes, so thank you for that.
There is not much going on today in regard to either of my strategies so I was just wondering what members do when this happens?
If I was an established trader I would imagine it would be easier to just have a day off, but as I'm new I'm still chomping at the bit! -
Twiddle my thumbs haha
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@neville-bradbury understand that while we are "trading" we are still gambling to a certain extent. A trade is just a thoughtful bet, which can be from data/eye test. So be careful not to get addicted. Your right in that you want to be involved everyday, but your also correct that established traders take the day off. Heres the thing why are they taking it off, its not because of money its because they are being disciplined and waiting for the games to pop up on the filter. Not every game will be a good opportunity. Quality over quantity always wins bud. I agree with ryans examples use this period to learn/read the blogs/watch the videos. If discipline is your issue read some of the blogs that have recently talked about this. Ryan did a mindset video series too. Good to see you on btc bud and good luck.
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Thanks Ryan
I've been focusing on my discipline which has definitely improved, however, I'm finding it hard not to get involved especially as I have been showing a little bit of consistent profit.
Today will be a good test! -
@neville-bradbury Take the day off, that's what I do. read, run, listen to podcasts basically anything thats not going to tempt me to trade.
I enjoy the downtime means I can be fully switched on for the trading, took me a while though to get it in my head that I needed it and to take the time.
