Monday Morning Blues

[Mysticforex 13]

Ever have the "Monday morning blues"? Maybe this is the answer.

 

http://www.washingtonpost.com/business/another-reason-to-hate-mondays-the-least-loved-day-is-also-the-worst-for-the-stock-market/2012/08/19/ce8882cc-ea18-11e1-866f-60a00f604425_story.html

[jpennybags 11]

Ever have the "Monday morning blues"? Maybe this is the answer.

 

I keep what I consider to be very extensive records of my trading activity, and I make it a priority to review these records periodically. What I've found is that if there is any one day during the week that I'm prone to struggle, it is on Monday (Wednesday and Thursday tie for the best day of the week).

 

Stage actors speak of it as "the butterflies"... nervous anticipation. Once the words start to flow, you settle in to do the task at hand which is what you've prepared for. I think a certain level of nervous energy is essential to the task of stepping into "the unknown", but this nervous energy seems to be elevated on Monday morning (personally speaking).

 

Monday should be no different than any other day of the week. Every day begins with an opening trade... the words start to flow, and it's on to the task at hand. I think it's the way our week is structured that make Monday's different. I also have observed a way of thinking that places importance on the profits logged at the end of the week... as if it where a conclusion to some performance bench mark. Monday then becomes the start of something new rather than a simple continuation from Friday.

 

Often my trades taken on Monday mornings are not the crispest of entries. It may be that a couple of days off has dulled me a bit, but I think it's more a matter of wanting to get started and release that nervous energy.

[MightyMouse 12]

Wow! Monday is my favorite day and that too has been reflected in my trading. I guess its a matter of perspective.

[jpennybags 11]

Wow! Monday is my favorite day and that too has been reflected in my trading. I guess its a matter of perspective.

 

We all like Mondays... back to trading after 2 whole days.