So after struggling with BO for over a year, I STILL find myself over trading. More specifically, I consistently run into periods where the market just dies, and I end up giving back my hard won earnings over and over.
I wanted to pose a question. What strategies or filters have people found that work for them, to decide that its time to shut down the PC for an hour or for the day, and walk away?
I know not to trade during heavy news release, and I know Top and Bottom of the hour can be a bad time to trade, but besides setting a fixed time to stop, or a fixed win/loss level, are there any other things that people are doing to decide that its time to walk away?
EDIT: I am on California West Coast time, so I have to manage that. I am able to trade end of day New York, London open, and early Asian time most days. I think those windows are sufficient that I am active during some decent windows, so just focusing on London AM/PM is not the answer for me.