Speaker (Kardec Trader) recounts habitual impulsive market-watching during the trading day that led to repeated small losses. He states a concrete remedy: set fixed trading hours and a cutoff time after which he stops trading and walks away. The clip is a personal, practical tip for managing compulsive trading behavior.
Now what I used to do early on in my trading career is I would randomly come back to my trading computer at 1pm, 2pm just throughout the day. If I have nothing going on, I would just come back and I would just start watching the markets, right? And I'm like I'm not going to take a trade. I'm just going to watch. I'm just going to watch. Obviously when we watch we mentally create these opportunities in the market. Like oh my God, this is going to go up. Let me take a quick trade, let me take a quick trade here, let me take a quick trade there. As I start taking these quick trades, next thing you know I'm down a couple of grand and it just never really works out. So now I have a cutoff time that I will be trading from this time to that time. After that time I am walking away and calling it a day.
