Day Trading Stocks & Futures

[AFORASTRO]

re: Day trading Nifty & Banknifty Futures

@anup specially for you

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

it happens with me most of the time

This schedule is fine on weekends and holidays. But on working days if one stays awake till 2:00 in the morning, you wont get sound sleep needed for next days trading / office work and you will feel tired and exhausted all through the day. This will result in missing few trades/overstaying in them or both.

Trading requires concentration ,focus and healthy mind and body.

Smart_trade

 

[AFORASTRO]

re: Day trading Nifty & Banknifty Futures

This schedule is fine on weekends and holidays. But on working days if one stays awake till 2:00 in the morning, you wont get sound sleep needed for next days trading / office work and you will feel tired and exhausted all through the day. This will result in missing few trades/overstaying in them or both.

Trading requires concentration ,focus and healthy mind and body.

Smart_trade

yes sir today i pledge to sleep by 10 30 pm...

 

[Tlahuicole]

re: Day trading Nifty & Banknifty Futures

This schedule is fine on weekends and holidays. But on working days if one stays awake till 2:00 in the morning, you wont get sound sleep needed for next days trading / office work and you will feel tired and exhausted all through the day. This will result in missing few trades/overstaying in them or both.

Trading requires concentration ,focus and healthy mind and body.

Smart_trade

I am trying to follow a schedule, so far no success I sleep by 4 am get up by 9am trade till 3.30 go to office work till 11.30

 

[TraderRavi]

re: Day trading Nifty & Banknifty Futures

Ravi kidhar hai ?? Aaj ka din kaisa raha ?

bekar raha

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

I remember having read one article by a very successful scalper and daytrader in US markets. His mother was working in a brokers office and as a child he used to go to her office and used to see those young traders with good clothes and style and he always used to think that trading must be pretty easy...just come at the market open...trade for next few hours and then you have all the money and time to enjoy life after the market ,buy expensive cars, perfumes etc.

After he became a trader himself, he knew what hard work goes into trading . He says he never drinks alcoholic drinks if there is trading the next day...but he as a member of group of successful traders gets invitation for lots of parties where all his trader friends used to drink, stay awake till midnight and next day come late to the market with heavy head,hangover, incomplete sleep , acidity and their whole day is wasted. Where as this trader used to go to the parties, with a drink in his hand he will mingle with his friends, eat some salads and simple food and at 10:30 he would throw his drink in the wash basin and go home and go to sleep. This helps him to mix with his friends but he says trading is a serious business and I have to be in the market with full concentration and fitness next day and he used to be fresh and fit where as his trader friends still recovering from headache and hangover and loss of sleep.

The above speaks a lot about that trader and his attitude towards his profession ie trading.

Smart_trade

 

[AFORASTRO]

re: Day trading Nifty & Banknifty Futures

I remember having read one article by a very successful scalper and daytrader in US markets. His mother was working in a brokers office and as a child he used to go to her office and used to see those young traders with good clothes and style and he always used to think that trading must be pretty easy...just come at the market open...trade for next few hours and then you have all the money and time to enjoy life after the market ,buy expensive cars, perfumes etc.

After he became a trader himself, he knew what hard work goes into trading . He says he never drinks alcoholic drinks if there is trading the next day...but he as a member of group of successful traders gets invitation for lots of parties where all his trader friends used to drink, stay awake till midnight and next day come late to the market with heavy head,hangover, incomplete sleep , acidity and their whole day is wasted. Where as this trader used to go to the parties, with a drink in his hand he will mingle with his friends, eat some salads and simple food and at 10:30 he would throw his drink in the wash basin and go home and go to sleep. This helps him to mix with his friends but he says trading is a serious business and I have to be in the market with full concentration and fitness next day and he used to be fresh and fit where as his trader friends still recovering from headache and hangover and loss of sleep.

The above speaks a lot about that trader and his attitude towards his profession ie trading.

Smart_trade

yes sir i have faced the bad trade day when mind is upset due to sleep.But since few days my night time goes into study of the market and charts.i hope sooner or later i will start trading in a healthy manner not as a scalper.

 

[Smart_trade]

re: Day trading Nifty & Banknifty Futures

yes sir i have faced the bad trade day when mind is upset due to sleep.But since few days my night time goes into study of the market and charts.i hope sooner or later i will start trading in a healthy manner not as a scalper.

Good...any trading whether it is daytrading or swing trading needs healthy body and mind if a trader wishes to play a successful and long innings and not burnout within a few years of trading.

Smart_trade

 

[kiran_thiru]

re: Day trading Nifty & Banknifty Futures

so advice for all TJ memebers. must go to sleep @ 11.30. and wake up @ 7.00 for helathy trading mind.
:clap::clap::clap:

 

[Vertigo_1985]

re: Day trading Nifty & Banknifty Futures

so advice for all TJ memebers. must go to sleep @ 11.30. and wake up @ 7.00 for helathy trading mind.
:clap::clap::clap:

try power nap after trading hours for about 15 minutes, it refreshes you and u dont need to sleep for more than 6 hours at night after that. I sleep around 1:30 am to 2 am and get up around 7:30 am and dont have any issues. Read polyphasic sleep for more info.
Also meditation is must for traders(actually everyone).