How Damaging Is My Sleep/Wake Cycle To My Trading?

This is a discussion on How Damaging Is My Sleep/Wake Cycle To My Trading? within the General Trading Chat forums, part of the Reception category; Hey folks! I tend to stay up late (approx. 3am GMT) and wake up late (approx. 12pm GMT), getting on ...

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Old Jan 8, 2018, 8:34pm   #1
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How Damaging Is My Sleep/Wake Cycle To My Trading?

Hey folks!

I tend to stay up late (approx. 3am GMT) and wake up late (approx. 12pm GMT), getting on average 9 hours sleep. How would this, in your opinion, negatively impact my Forex trading? I am residing in GMT zone.

Of course I have a some idea but I'd like to hear from you.
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Old Jan 8, 2018, 9:28pm   #2
 
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Hey folks!

I tend to stay up late (approx. 3am GMT) and wake up late (approx. 12pm GMT), getting on average 9 hours sleep. How would this, in your opinion, negatively impact my Forex trading? I am residing in GMT zone.

Of course I have a some idea but I'd like to hear from you.
9 hours should be plenty, I am sleeping probably 7 hours a night (getting older, so I cannot sleep much), but I am taking a nap after excising/lunch for 30-60 minutes every day and I don't' see any negative effect on myself (unless I am hung over, which I find getting more painful with old age)
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Old Jan 8, 2018, 9:42pm   #3
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9 hours should be plenty, I am sleeping probably 7 hours a night (getting older, so I cannot sleep much), but I am taking a nap after excising/lunch for 30-60 minutes every day and I don't' see any negative effect on myself (unless I am hung over, which I find getting more painful with old age)
What time do you typically go to sleep/wake up at? And what are your most frequent pairs to trade?

Also, if I frequently attempt to trade GBP/USD and EUR/USD, am I putting myself out much by getting up at 12pm (online by 1-1:30)? In your opinion
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Old Jan 9, 2018, 1:59pm   #4
 
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What time do you typically go to sleep/wake up at? And what are your most frequent pairs to trade?

Also, if I frequently attempt to trade GBP/USD and EUR/USD, am I putting myself out much by getting up at 12pm (online by 1-1:30)? In your opinion
Yeh, sorry, I misread the question, I thought you have concern that the 9 hours of sleep is not enough... I am not trading FX, so I have no idea if the morning is a good time to trade or to sleep :-)
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"If you don't find a way to make money while you sleep, you will work until you die." Warren Buffett, CEO of Berkshire Hathaway.

Count de Money number 1 trading rule: EDUCATE YOURSELF!

Before you trade even single penny on the stock market, please spend the time and educate yourself by back testing different trading strategies and ideas - go to eBay and search for "historical stock market data", you can buy 20 years of data for less than $100 - that's all you need to start.
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Old Jan 9, 2018, 2:47pm   #5
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Yeh, sorry, I misread the question, I thought you have concern that the 9 hours of sleep is not enough... I am not trading FX, so I have no idea if the morning is a good time to trade or to sleep :-)
Ah yes, I remember you saying that before. Unless details directly impact me, I tend to forget them, sorry...then again...I forget my fair share of important things also

The question is open to all avenues really.
Biological, psychological, practical...

I'm just looking to see if anyone has any strong opinions on trading times.
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Old Jan 9, 2018, 3:09pm   #6
 
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in training now to start trading 18hrs/day ---- 30 mins treadmill & 30 mins weightlifting 5days/week. no breakfast, light lunch.

i ballooned up to almost 300lbs...just sitting, eating trading

18hrs/day trading is where the $ is imo get it done thers money out there TAKE IT !
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Old Jan 9, 2018, 3:41pm   #7
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in training now to start trading 18hrs/day ---- 30 mins treadmill & 30 mins weightlifting 5days/week. no breakfast, light lunch.

i ballooned up to almost 300lbs...just sitting, eating trading

18hrs/day trading is where the $ is imo get it done thers money out there TAKE IT !
18 hours a day staring at the screen - hows that working out for your work\life balance?
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Old Jan 9, 2018, 3:47pm   #8
 
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18 hours a day staring at the screen - hows that working out for your work\life balance?
work/life balance sounds like "i hate my job look forward to weekends" kind of thing.

i love my job not looking for vaca days
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Old Jan 9, 2018, 3:51pm   #9
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work/life balance sounds like "i hate my job look forward to weekends" kind of thing.

i love my job not looking for vaca days

Or... it's an appreciation of your job. In that, you want to be primed (not burned out) everytime you turn up for work.

Cognitively engaging in something challenging is tiring. There is no way a person could sustain 18hrs/day engaging efficiently with the market and it not be burning the candle at both ends
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Old Jan 9, 2018, 4:48pm   #10
 
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Or... it's an appreciation of your job. In that, you want to be primed (not burned out) everytime you turn up for work.

Cognitively engaging in something challenging is tiring. There is no way a person could sustain 18hrs/day engaging efficiently with the market and it not be burning the candle at both ends
i like what i do and i won't do it part time. thats just me
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Old Jan 9, 2018, 4:54pm   #11
 
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what will you do in between trades go east at local bistro??? sit in a lounge chair? revel in the small talk? just hang around, do next to nothing?

thats not for me, never was, never will be (i got to be DOING smthg) i got to be solving ..
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Old Jan 9, 2018, 5:12pm   #12
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what will you do in between trades go east at local bistro??? sit in a lounge chair? revel in the small talk? just hang around, do next to nothing?

thats not for me, never was, never will be (i got to be DOING smthg) i got to be solving ..
You're asking the wrong person. I'm only in the rookie stage yet.

Have you tried doing the Trader personality test that I mentioned the other day in my journal here?
I believe that will identify aspects of who you are that you can use to develop your style off of. At the least it might identify elevated risks to your trading as a result of your personality. Then you can address them.
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Old Jan 9, 2018, 5:21pm   #13
 
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Trader personality test

really? give me a break
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Old Jan 9, 2018, 5:28pm   #14
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Nowler started this thread Suit yourself. I was only trying to help. What's the point if your not willing to help yourself...
Good luck with your journey.
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Old Jan 9, 2018, 5:36pm   #15
 
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Suit yourself. I was only trying to help. What's the point if your not willing to help yourself...
Good luck with your journey.

place a trade, b/w the armchair psych that might help?
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