Down 3.8 R today but i was at one point in profit. So what is it with Mondays? Today I felt:
- Tired, as I had less than 7hours sleep
- Almost no exercise at the weekend and eating Christmas food
- No bulletproof this morning
- Spent the weekend at my desk, calculating my trading losses since 2011 (necessary for tax purposes).
Is the market different or am I different?
I asked this question last week too, and this is what today’s trading has done to my trade results for Mondays.
Is this related to my results for the first hour of trade? I have stopped trading the futures session because the results were terrible, as you can see below.
But since I did that, look what’s happened to my results for trades in the first hour.
But my results for the second hour, for trading between 10:00 and 11:00 have improved since I stopped taking the earlier trades.
What does this all tell me?
There is only one conclusion …. the problem lies with me and something I am doing at the start of the week and also at the start of the day. Am I more impatient? Am I not seeing the market and trying to force trades?