What is the best time of the day to trade?

Discussion in 'Trading' started by Lloyd W. Coutee, Oct 29, 2015.

  1. Cswim63

    Cswim63

     
    #31     Oct 30, 2015
  2. Cswim63

    Cswim63

    Still working on the second part, js
     
    #32     Oct 30, 2015
  3. J_Smith

    J_Smith

    Yes C63, something we all have to keep working on, as we are only human!

    It is nice though when you get to the stage where you know what it is "really all about", and everytime you lose a bit more than you should, you don't even have to ask yourself why, for you already know the answer.

    I believe you hit on one of the most important aspects of profitable trading for a lot of people, and that is - get in and out, take your money, and let the rest do whatever they like :)

    What are you trading btw?

    J_S
     
    #33     Oct 30, 2015
  4. J_Smith

    J_Smith

    A "get in get out" approach is something like this.

    J_S

    Screen Shot 10-31-15 at 10.00 PM.PNG
     
    #34     Oct 31, 2015
  5. Cswim63

    Cswim63

    OK I will elaborate when I'm sober. I knew someone would still be here on a Sat night. I'd chat but too many beers for now. BTW I bought some chrysanthemums today for myself and thought of you. I know that sounds gay but I'm a gardener at heart. And just you mentioning it made me realize I've done way too much other crap and not enough for me. So I splurged and bought myself 10_dollars worth of flowers cause no one else will either at the present. I remember 2001 was in Massachusetts and the weather stayed warm into December and I'd bring the mums in at nite and put them back out in the morning. They got really nice. I haven't had mums since so thank you--Swimr
     
    #35     Oct 31, 2015
  6. J_Smith

    J_Smith

    I like pansies myself:)..and in case anyone is thinking of PM'n me..forget it..the yellow type:rolleyes:

    This is my favourite..lovely smell..cud snif it all day long:)

    J_S
    P_20151101_160536.jpg
     
    #36     Nov 1, 2015
  7. Cswim63

    Cswim63

     
    #37     Nov 2, 2015
  8. Cswim63

    Cswim63

    Tried to reply but got f'd up. Lavender? To answer your question, I'm currently on sim with currencies. Took a three year break so I'm working on money mgmt and psychology. IV traded live mostly equities. Could you do a play by play on second chart please? Who or what is making buy/sell calls? Thanks--Swimr
     
    #38     Nov 2, 2015
  9. J_Smith

    J_Smith

    Been a long day. as had lots of stuff to do, so will prob be tomorrow before I can go thru the chart - one question, why you trying fx now if you traded stocks mostly?

    J_S
     
    #39     Nov 2, 2015
  10. baro-san

    baro-san

    Study the attached chart for ES 5 min bars (0 to 80):
    es 5min bar money velocity by jack.png
     
    #40     Nov 2, 2015