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)
Wondering anyone has any experience trading the euro (EC futures contract) overnight. If so is the trading automated? What are the risks or pitfalls of this kind of trading?
Can you help answer these questions from other members on NexusFi?
I think there are two different questions that have little to do with each other.
(1) The euro futures contract (6E) is certainly liquid enough to trade it overnight. Volatility is lower during the Asian session, and higher during the European session. So unless you are not trying to scalp it during the Asian session it will work fine. The are also some particular trades, such as the Asian Box trade - trading the breakout from the Asian session.
(2) Automated trading is quite demanding. You need a server, a backup server, the two should mutually control each other, unless you want to watch them all the time. You need a reliable software that can reset itself after failure. You need a boxed trading system that has been backtested to generate profits, etc. This is not the easiest task to start with.
