Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I'm not sure if the incredible time I had back home in Florida had something to do with this
fundamental shift in my mindset, but I simply do not want to sit in front of these screens as much
as I have the last few years.
I think I can make my weekly goal with two marathon sessions per week. Starting at the London open
and going through New York close.
If you where to trade only two days a week, which two would you choose?
I am speaking of NQ in particular, but it would pertain to ES and YM also, I would assume.
During the stock market "on season" , it seemed that Monday and Tuesday had the most action. But, now
that summer is here and the volume is basically cut in half, it seems like Wednesday's and Thursdays have more
game. I would also like to catch Friday afternoons also, as some lovely trending moves often happen.
Over the last 5 year period, filtered for June, July and August, Tuesday, Thursday and Friday had the highest daily range. Wednesday and Thrusday had the highest volume.
Play around with the pivot table and see what suits you best.
Is your system such that you can watch the market for 13 hours and not go crazy?
I'd be a basket case before the week was up with even two days of that.
What is your daily goal?
I am at my trading desk only 2 hours a day.
I find that is plenty to allow me to be fully alert while trading and make a nice profit.
Maybe if you increase the number of contracts traded you could trade less realize more?
Just my 2 cents.
Rejoice in the Thunderstorms of Life . . .
Knowing it's not about Clouds or Wind. . .
But Learning to Dance in the Rain ! ! !
1. Trade / do anything on a monday, not likely, slow day mostly to.
2. Wednesday off, gives you a break between your days of staring at screens.
3. If you lose on a Friday it'll just ruin your weekend.
Scaling back to a few hours sounds great, but with how slow the markets can be a times I can watch although vaguely for hours without a single trade, so never mind