How do you maintain your concentration while trading?

How do you maintain your concentration while trading? How do you avoid getting bored or experiencing burnout from constantly monitoring the charts, all while staying attentive to your trading activities?In my case, the struggle arises from excessive chart-watching, leading to boredom during quiet market moments or fatigue from over-attentiveness. There are times when the perfect trading setup emerges, but I'm either too tired or not mentally prepared to take action.Do any of you engage in activities like watching TV or listening to music to help? Any advice to share?
40 Answers
Default Recent
Sampson Jacob

Limit the amount of time you trade to a consistent schedule. For example, I only trade between 9:30-12. If my setup occurs at 1, I’m not going to take it, as I won’t be in front of the chart anymore.

Trading is a performative thing, you can’t spend all day doing it or it’ll wear you down. Just pick the best 2-3 hours of the day for you and only trade during that time, skip the rest. Trading for more than 3 hours can start to have a negative impact on your performance anyway, which you don’t want. Why trade for longer if it’s only going to reduce how much money you make??

I also listen to music and browse and/or watch something while waiting. But I don’t have to wait long, as my trading schedule is only 2.5 hours.


24 Upvotes
2 Comments
Add
Lewis Wood

I enter the trade and set an alert at my stop loss. I then head over to my bathroom, jerk off, and then take a 20 minute shower. The shower is the most important step because if I hear the alert (the custom alert sound is Bring Me To Life by Evanescence) I can cry in the shower

If I don’t hear the alert before I get out I have a little skip in my step as I head back to my PC


21 Upvotes
2 Comments
Add
Cara Burke

I couldn't get the discipline down to sit on my hands so I found an edge on the 1 and 5 min timeframes so I could trade multiple times a day. That fixed the boredom. Classical music helps as well

9 Upvotes
2 Comments
Add
Kirk Browne
I have a movie going in the background. Sometimes one that I’ve already seen but like a lot. That way I can follow it even without being too focused on it.
22 Upvotes
1 Comment
Add
fong zi cheng

I maintain my concentration by following my rules. If it doesn't follow my rules, I simply just stay out of the market.

9 Upvotes
Comment
Add
Virginia Lewis

I wake up at 3:30 and I have my phone set up so I can see if a set up occurs until then I read Bertman and drink flavored caffeine water.

2 Upvotes
Comment
Add
Lyndon Mark

open two YouTube channels. Play white noise in the background. The other, play the crackling sounds of a fire. The white noise calms the busyness of the mind and the fire crackling brings a sense of calm to the body. At least, that’s what I found works for me

1 Upvote
Comment
Add
Melissa Jackson

I had this issue until I started setting alerts and stepping away. At this point trading just co-exists with me and my day to day activities.

I'm normally active from 9:30AM - 11AM but after that, I set notifications on whatever level I want a trade to reach before I buy or sell and step away. I'm usually studying or running errands and if a notification happens to trigger, I either reset it to a new level or make the trade.


1 Upvote
Comment
Add
Iris Gresham
Play video game and look at it every few minutes
1 Upvote
Comment
Add
Olive Locke

I'll have one monitor for gaming.

Sometimes I'll purposefully walk away to let the trade work. Set my stops and targets and go.

Trading is to gain freedom, not to "go to work" like a 9-5 😊👍


1 Upvote
Comment
Add
Sid Brook
At any given moment, you'll find several markets presenting high enough volatility and liquidity for a human trader to "hunt" in them (leave the rest to the algos). These are markets where watching the candles is far from boring, as your heart races due to the excitement of (hopefully) making a few thousand in a matter of minutes, and you concentrate on reading the price action to find your opportunity to "strike". Much like a predator that never takes his eyes off his prey until the hunt is over. So I wonder how come you are getting bored?
1 Upvote
Comment
Add
Carr Van
think relax. affirmation and everything will be fine, not everything we can control, so focus on the things we can control. controlling emotions, one of them, controlling time, controlling money management. stay focused
Upvote
Comment
Add
Burgess Lynch
Morning jogging is my way of strengthening my concentration. At first I thought there was nothing to do with exercise and concentration. Turns out this made me much better. on the trading side, I am not too addicted to looking at charts. I prefer to trade based on trading rules. set and forget.
Upvote
Comment
Add
Rudolf Rob
read more books about trading such as trading psychology, don't open charts too often and trade according to portions
Upvote
Comment
Add
Kama Mike

You have to calm down your heart first

Upvote
Comment
Add
Ethel Virginia

Getting enough rest and sleep is essential for maintaining concentration and avoiding fatigue while trading.

Upvote
Comment
Add
Tobey Nixon

Managing your energy levels is crucial in trading. Taking breaks, practicing self-care, and staying physically active can help prevent burnout.

Upvote
Comment
Add
Leif Gus

Don’t get too hung up on the perfect trade. Taking proper rest can help you concentrate better, but it’s impossible to maintain it all the time.

Upvote
Comment
Add
Will Marion

Talking to yourself in any other profession would be looked upon as a sign of insanity. But in day trading, this will help you keep your trading focus.

Upvote
Comment
Add
Ula Yerkes

If you are an active trader, cut your business or home business phone off when you are trading.

Upvote
Comment
Add

About

0

work

0

subscriber

About Us User AgreementPrivacy PolicyRisk DisclosurePartner Program AgreementCommunity Guidelines Help Center Feedback
App Store Android

Risk Disclosure

Trading in financial instruments involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Any opinions, chats, messages, news, research, analyses, prices, or other information contained on this Website are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. Opinions, market data, recommendations or any other content is subject to change at any time without notice. Trading.live shall not be liable for any loss or damage which may arise directly or indirectly from use of or reliance on such information.

© 2024 Tradinglive Limited. All Rights Reserved.