GoodPunk6's Trading Journal

Discussion in 'Journals' started by GoodPunk6, Oct 26, 2004.

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  1. GoodPunk,
    You do know forex is a 24 hours right? I know many people waking up at 3:00 to check australias market, or asias market just to fix their trade, Many people quit the forex because of that, its always on!
     
    #541     Jul 18, 2005
  2. RXIS

    RXIS

    What do u think of eminis?
     
    #542     Jul 19, 2005
  3. HLV is about you making them volume safely. How much you trade a month in volume? There are firms you can put up 5000k and get buying power. Some you need a 7 and some you don’t. They might charge rates like 5 bucks on 1000 shares so it’s different then a per ticket cost deal.
     
    #543     Oct 1, 2005
  4. Can tell much about forex, maybe for starting out a suggestion could be ETFs, like QQQQ and SPY and CME-mini Russell-ER2: very low costs, ample liquidity, good for diversification, gentle trading (more for cube) and great place to gain exposure and experience.

    The strategy ought to be found and refined by yourself, it's all about personality IMO and that may be found not by reading books or by following other people's signals but by stalking those stocks and see how they behave during market hours and how are they handled by specialists, then decide what time frames you want to trade, find some indicators that help you most when making your decision and try to keep it simple.

    Just a couple of cents.

    Best of luck
    PP
     
    #544     Oct 1, 2005
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