I just posted up yesterdays trades on my scalping page and wrote a small piece about the days trading which I’ve copied here for those that aren’t interested in my trades. It wasn’t a good day. At least today was a BE day, hopefully putting the brakes on.
Monday 26 Jan
I should really only analyse this day in one way. It should never happen again. I shouldn’t have been trading. I’d just finished my block of 4 night shifts this morning and got 4 hours sleep, I was tired, my mind numb in a daze, it’s always like this even if I get more hours sleep on the first day after nights. I was exhausted and out of control. I’m going to set up a new page on this site on ‘trading rules’, a list of rules that I will repeat over and over. Rule 1, don’t open the charts on the afternoon of my first day after night shifts. Aka, don’t trade when exhausted, tired, full of flu, got shit on my mind etc. I will probably need some do’s and don’ts to add to this rule. It must be set to memory, become a mantra, repeated over and over. As Hubert Senters said on the traderspodcast, ” I have rules to protect myself from myself.”
”What to say when you talk to yourself.” by Shad Helmstetter, comes to mind. A book I read a few years ago.
A while back I went to a bar on my first evening after a block of night shifts. I’d only had a couple of pints. I was sat on my own, mulling over some things. And then I was chucked out of the bar. The Smithfield, in Derby. I’d been talking to myself. I’d lost control in a state of exhaustion. Pity I wasn’t repeating my new rule over and over. It would have saved me today.