unfortunately, the volume is almost zero.
Is there any other Lumber futures from other exchange with
significantly higher volume of say > 20 000 / day?
don't need to avoid.
Just watch the videos as a form of entertainment.
Alternatively, watch it so that you can also be a trading
Guru.
Trading gurus don't have to prove that they are able
to earn tons of money from trading.
But they must have impressive communication skills.
They must be able...
compare with other financial products like index futures, fx tends to move just a little.
and it tends to move during the European session.
So those staying in Asia and the US should be able to trade fx part-time.
How about those staying in Europe?
Good news!
You can trade other things like...
MBT 5 May post mortem / reverse engineering / hindsight analysis
up @821a Early Asian session
up @1050p Early US session
Very similar pattern over the past few days
volume traded in US session is 2 times volume traded in Asian + European
sessions
_______________________
6 May trading...
The cryptocurrency supply is infinite.
there are hundreds of cryptocurrencies.
Soon there will thousands, millions, billions, trillions.
Then there will be Mother of all Tulip Mania.
simply ignore those articles & stop investing.
Then go and do trading.
Then you will find every month is a good month
(from Jan all the way to Dec) for trading.
MBT Micro Bitcoin futures trading - key parameters
updated
margin requirement US$2K / LOT
1 tick = 5 points = US$0.50
risk per lot : 40 ticks = US$20 <<< this ought to be
reduced when liquidity improves.
volume charts: 15 and 45V
chart style : Heiken Ashi candles
OK. I am ready to trade...
down @835a Asian session
entry price 56800
stop loss : 57100
down @1002p US session
entry price 55400
stop loss : 55700
exit?
No way to tell how far the price will go (or whether the trade will be successful).
Let's say we trade with 3 lots (or multiple of 3s).
1stlot - perhaps target a...
MBT 4 May post mortem / reverse engineering / hindsight analysis
down @835a Asian session
down @1002p US session
again no signal during the European session
Trendiness : quite bad
bid-offer spread : extremely extremely bad
So MBT not suitable for day trading.
let's see if it will improve...