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Cornix's TA Performance
- Thread starter cornix
- Start date
You are welcome, Cornix. My issue is always with the method, or idea. Never with the person. I think we are all friends despite my different ideas. Thanks for keeping it real and best to you!
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No same rooms Jack. That's not my thing. Just an interview via phone.
Do you ever feel your trading with one had tied behind you back? Having only a couple of hours your time in the US am, you must miss a number of good signals and trades. Why don't you trade the EU market? Or perhaps commodities that are less US centered? Such as today when ALL the action was post 2pm Eastern.
Well, I don't care much about the signals I miss, only those I take.
Years of practice showed that the less you think about reasons NOT to take a trade, the better. Took trades before FOMC in a dull market in the past months, some worked and some didn't like yesterday with overall no significant reason to avoid such days.
Statistically, first couple hours of US regular session provide enough trades and the best odds. Many good US-based traders I know still trade first hours mostly while leaving lunch and afternoon time to the absolute best trades only.
I used to sit 9-10 hours in front of screens every day trading Euro, but enough is enough, I don't want it anymore.
Watch European markets from time to time, but they are either illiquid (FDAX) or don't move (FESX and European FX pairs too recently).
Trading is a marathon for me, I care less of dull periods or poor periods knowing over time edge will take it's share from the market.
Thanks..sounds like a good philosophy to have on the markets.
This all sounds "good" but are you able to define your edge, or is it just a feeling or a hope?
surf