Bingo, Not a critique but don't guess, if it's shortable we will see the downtrend in the making. Got a feeling you are thinking short because it went up a lot very fast. Now don't forget this market is trying to reverse a downtrend that came from all time highs. There is no such thing as too much or too little. Let price action guide you, the rest is up to you. Anek
Point well taken. I only trade short-term and what I see happening on the chart in the here and now. I don't trade the evening session at all. I guess I fell into the ET syndrome that I see on so many threads here: "What do you think the market will do tomorrow?"
A. Only sim, but holding this long. Trying the afterhours. I'm afraid this could lead to sleep deprivation!
Yes BMW I agree. I dont doubt Anek and his observations about lucrative set ups in AH !! But here is my view. If thats your thing great. Making money for all of us while enjoying what we are doing is totally "dope". I luv it. But when is enough enough ?? When is freedom and " time liberty" become important to ones self. You cant put a price on it !! IMHO !!!! Thats one of the reasons 8 years ago I got into trading. Not just the money side but the freedom side. I dont think I will even attempt to go down that road of AH trading the eminis.... I do not want to risk the chance of becoming hooked on all the potential great setups that might appear. My time to enjoy life in evenings is just too important. Not to dis Anek or anyone else. Sounds like Anek gets to spend time trading in AH and do it with his family which is awesome. Like I said its all about the individual and how each one of us gets fullfillment and enrichment in Life. Spending that time with eyes glued to computer at 9pm evening is just plain NOT enriching to me. Regardless, how much money is there for the taking. Just my 2 cents and hope I did not offend anyone
Jimmy, My 6 year old must learn to scalp the ER2 successful by 9 or she's out of the house. We sleep on Saturdays, rest is for hard work! Only traders allowed. Kidding aside, I'm in my 30s, soon enough I will need to slow down. On a separate note, I've been doing intensive studies and backtesting on automation without success. Needless to say I'm not giving up until I reach my goal. Successful scalping automation is in a different league, I have failed miserably there, for now..... Point well taken, very logical and very human. Anek
Shoot Anek, I am heading out of my 30s in October and I am just getting warmed up !!! I can see doing this for quite some time. Its too lucrative and gives me so much freedom. And plus everyday I wake up it is like Christmas time as a youngster. Not necassarily a big profitable day everyday. But when I wake up there is that exciting anticipation I get in my stomach over the possibilities that are yet to come. Kind of like the same feeling of anticipation of opening the present under the tree and discovering what you get. Whether it be the shiny red truck or the lump of coal Its still exciting and rewarding