I miss the days when markets didn’t trade overnight

Discussion in 'Trading' started by long, Mar 6, 2024.

  1. hilmy83

    hilmy83

    Did you start trading in the 1900s? Forex been around forever and trades 24/5.

    Let me guess, graph paper technical analysis?
     
    #11     Mar 6, 2024
    TrailerParkTed, schizo and SunTrader like this.
  2. schizo

    schizo

    Back when i started, before the Internet, that was pretty much how it was done. You also phoned in your orders.
     
    #12     Mar 6, 2024
  3. SunTrader

    SunTrader

    Got me beat on that accord. Only as far back ('96) with dialup modem thru "Net Futures" and another I forgot. :)
     
    #13     Mar 6, 2024
  4. %%
    Good points;
    big disadvantage a on bitcons or Enron cons, holding cons when you know its worth nothing.
    I like a landline phone , but exit on that one also LOL;
    enjoy flip phone + Sunday church, some times WED church myself.
    Something strange, [super strange sometimes] real strange about minds + markets;
    a subconscious mind NEVER forget$ anything.
    RISK is part of a real markets;
    much more so some cons like Enron markets.........................
    Did something in stainless steel today, but with overnite risk + me not knowing the market anywhere near as good as the dealers;
    she would not give me a give away deal, so i did about 10% of what i tried to do.
     
    #14     Mar 6, 2024
  5. long

    long

    I seen it. That’s what I meant, I can relax from about 10pm Friday until Sunday evening.
     
    #15     Mar 6, 2024
  6. long

    long

    BTC is still very unfamiliar to me. I think that’s my biggest problem, that I’m not confident enough to risk a leveraged trade in a market that is highly volatile.
     
    #16     Mar 6, 2024
    Sekiyo likes this.
  7. long

    long

    Never traded forex

    and yes….my first charts were paper and delivered through the postal service.
     
    #17     Mar 6, 2024
  8. They barely can in some cases........Liberal mentality. 2010.
     
    #18     Mar 6, 2024
  9. SunTrader

    SunTrader

    So $2000 in 5 minutes is nothing to get excited about on a Sunday evening?
     
    #19     Mar 6, 2024
  10. long

    long

    The point is that I was awake and reacted. When it happens after midnight and an alert or trade fill wakes me I don’t quite have my eyes focused enough to see the screen. The point of my post was that I’m missing the days when there were scheduled breaks when I could stop, reflect, and deal with the emotion from the day. I’m gonna have to stop leveraging BTC to get back some of that. It’s so volatile I’m scared to leave it alone. The funny thing is that when I’ve been looking at the daily chart I keep telling myself that it’s gotta correct for a couple of days and I should go neutral. I just liquidated all my BTC futures. I’ll take a couple days to reset…
     
    #20     Mar 6, 2024
    Pricechange likes this.