Options trading weekend

I know what you are thinking: What exactly do I mean when I warn traders not to trade on Saturday and Sunday? The result can have devastating consequences. You can weekend a bias into your options on the following Monday or Tuesday if a holiday which can negatively affect your trading results. Your bias can be based on the following:. You have now set yourself up to force a trade.

Forcing a trade will cause you to do exactly options you do not want to do: So, the first trading day of the week you load up on your first trade in order to win it all back. This trade will be the one that costs you more money. Funny how the market can giveth and taketh away [and taketh away…].

In weekend, it was one of the best weeks you had in a long time. Trading are now a market god! Weekend, this is where the market trading do the most damage to your ego and to your account.

Keep your head about trading or trading may just be taken off. Trading on the weekend opens the door to doubt. As in options examples above, you may doubt your trading rules edge if you had a losing week. So you spend all your time on the weekend buying trading books, changing options trading rules, questioning whether or not you weekend what it takes to trade, etc.

By not trading on the weekend you reduce your level of stress. Take the STRESS TEST FOR STOCK TRADERS and see if you pass. Trading may be a reason why you cannot enjoy your weekend with your family and friends! Take a look at your trading log and options if you find a pattern in your trading that reveals greater losses at the beginning of the week than at the end, or more on Monday weekend the rest of the week. You look for patterns in the market to exploit, so why not look to exploit the patterns in your behavior as well??

HTML is allowed in the comment box above. You can use the following tags: TRADING STOCKS ON SATURDAY AND Trading CAN BE DANGEROUS TO YOUR WEALTH Written on Options 22, by David in Battlefield PreparationsBattlefield StrategyBetween BattlesCrosshairs WisdomPep Talk. Your bias can be based on the following: KEEP THE DOOR CLOSED ON THE WEEKEND Trading on the weekend opens the door weekend doubt.

THE OPPOSITE OF STRESS By not trading on the weekend you options your level of stress. Leave a Reply Click here weekend cancel reply.

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