Tuesday, September 29, 2009

Saturday is a Perfect Day

Some people are so addicted to trading (and I was one of these people for lot of years) that they are upset on Friday when the market is closing. And they are excited about Monday coming.

Nowadays, I am thrilled for Saturday. There isn't a thing I can do about my open trades. There isn't a chart that I can look at and plan anything that wasn't able to be planned yesterday. Stephen Covey, the self-help business author, recommends that you take some time to "Sharpen the Saw," or, in other words, get away from your business (trading) life, and get your mind and body in shape.

Saturday is a perfect day for that. Read a good book (not about trading). Spend time with your family. Wake up early and go for a walk. Clear your mind. Take a one-day sabbatical from the business of trading. You can find that you have breakthroughs and epiphanies about trading when you become deeply involved in something else.
 
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