Home Alone

Did you watch this movie - home alone ? I love it !

Many traders enter the trading business and work from home because we want freedom and independence. However freedom requires a trader to be very highly disciplined. There is nobody to set rules for you at home , and this new-found freedom often results in an actual lack of control and self discipline. Working at home has its own set of rules that must be followed strictly in order for a stay-at-home trader to be successful.

The trader must be able and willing to assert control over his work time in such a way that the interruptions in time and concentration are kept to an absolute minimum and that they relate exclusively to work. In order to take control of your working time at home , you must establish a set of simple , effective rules that you are willing to follow. Some guidelines and rules are : ( these are my lists , you may add or delete to match your personality )

• No beer , tit bits or snacks , cigarettes around my trading desk. This will make me drunk and will distract my focus.
• Warn my wife not to distract me during trading hour. ( oops ! - rephrase …. explain to my wife nicely … )
• Explain to all my other family member about my working hour and office policies.
• Define working hour , coffee break and meal time. Setting alarm clock might be an good idea.
• Some light music is alright for me , and a coffee and water on my desk. No bed in trading room of course.
• Separate work space and home space. A separate trading room is the best.
• Have a separate telephone line for my trading room.