Hi any advice welcomed
I work long hours and trading time is limited but there is a definite downturn in my day to day job which will allow me to be home earlier for the evening meetings come
When I trade I check the race conditions I pay attention to the relative pre race info and make a trade entry point inwards if 7 minutes variable
I have often been correct for 3-4 ticks in the right direction say taking 30 seconds to a minute to reach a 4 tick profit sometimes I manage my green zone and sometimes before I have chance to say what happened there it just goes right through me in the blink of an eye 10 -20 tick loss
I have found the evening trading incredibly infuriating i'm at a loss to say what im doing wrong am I looking for to big a move or missing obvious signs the market direction was about to change
Before anybody suggestsdo the opposite I have tried that and find I seem to be on the wrong side whichever
Any suggestions please
Pre race trading. ..from a idiots prospective
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- Posts: 863
- Joined: Tue Dec 15, 2015 6:47 pm
Guessing you are trading AW meetings if evening?
I find AW a tricky beast to trade personally, very volatile for a starting point. Being volatile means you have to take that as a starting point...though that's only that of course.
In other words, you have to start by predicting that there will be big swings potentially around.
I find AW a tricky beast to trade personally, very volatile for a starting point. Being volatile means you have to take that as a starting point...though that's only that of course.
In other words, you have to start by predicting that there will be big swings potentially around.
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- Posts: 863
- Joined: Tue Dec 15, 2015 6:47 pm
Just noticed, this is also in a wrong forum section.