Question for those who trade 24/7 markets

Discussion in 'Trading' started by trader99, Sep 13, 2018.

  1. d08

    d08

    That sounds awful, no quality of life. Automation or conditional broker orders are the way to go.
     
    #11     Sep 14, 2018
    trader99 and Frederick Foresight like this.
  2. _eug_

    _eug_

    I've done the no sleep thing, or at least a "nap" between US close and Asia open. It's most important to be available from London Open onward anyway. I think its worth it if you can make a few thousand bucks ... not worth it if you end up losing.
     
    #12     Sep 14, 2018
    trader99 likes this.
  3. treeman

    treeman

    You’re doing it wrong if you think you have to stare at the markets.
     
    #13     Sep 14, 2018
    comagnum and trader99 like this.
  4. _eug_

    _eug_

    You are probably right, but there were a few trades in NQ or CL that if I were not to be available at the first two hours of London session I would have gave up most if not all of my open P&L. Obviously this is more of an issue if you take trades counter the bigger picture trend.
     
    #14     Sep 14, 2018
    trader99 likes this.
  5. trader99

    trader99

    While I agreed that in principle, but in practice there are certain price actions I look for to exit optimally. I guess I could try to quantify that. But it's more on a case by case.
     
    #15     Sep 14, 2018