The trader’s secret weapon

It’s not fundamental or technical. It’s a good night’s sleep.

We don’t talk about trading habits nearly enough but this is a great article on how hitting the snooze button can mess up your brain chemistry.

A few reminders, because they can’t be repeated often enough:

  1. If a trade keeps you up at night, your position is too big
  2. Know your biorhythms. If you’re sharper at night, trade at night
  3. Know your mood and adjust accordingly

The bottom line is that you need to be at your best to trade at your best.

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