External Changes

[eldad 10]

Hi,

 

Last weeks I faced some problems in my trading and I remember I heard more than once to check if there was any change in my life, any external change that might affect my trading,

 

Some time as traders we forget that the external world affect us and our trading directly, mainly on the emotional level and this has its way to the decision making process, which will lead to bad trading decision,

 

The external change I found to be the main cause of my poor trading was the change to Daylight saving in the USA, here in Colombia we are very close to the equator so there is no real difference between seasons (actually there is no seasons over here) so in mid-march instead of working at the same time zone as NYC I am one hour ahead (9.30 ECT 8.30 My time)

 

The change came in the fact I need to wake up one hour earlier (I hate to wake up before the birds) at 6AM no thanks, I hate it, and it is a something that I hate since I am a child, I remember once going to the family DR asking for permission not to go to the first hour class (start at 7am) didn’t got it but did try, you wake up and the day is gray is not ready yet why should I,

 

I done some checking and in the last 4 years of trading April and May always suffer from a setback, this year at least I understood the reason and could look for changes, how to deal with my lack of love for the early hours wakeup (have no problem to go to sleep at this hours), I am still testing in looking for solution but at least I know the problem

 

As traders we can see very fast the influence of some external forces, you don’t trade as you should, you take too much trades or you are too afraid to trade, always stop and check your trades, give yourself a real feedback about them and if you see some real rise in bad trades, look for the cause, it can come from the market, a change in the rhythm, choppy times, or it can come from outside a change of apartment, girl/boy friend, many things can affect us look for them,

 

Make the odds in your favor Day Trade.

 

Eldad Nahmany

 

#ToBecomeADayTrader

[spareappeal 10]

i have got no idea of all this external charges but i would love to know about them