ES first 30 mins

The first 30 minutes of the day make a lot more sense if you consider it a continuation of what was happening just before bell during the previous day. Think about it...
 
Jdesey said:
I'm looking for opinions on the following.
I recently decided to do no trading the first 30 minutes of the regular session. From 8:30 AM to 9 AM Chicago time.
I am now rethinking that. It seems like some of the time I'm better off waiting and some the time I would hot my first winner of the day. Today is an example of that.

You can find a lot of articles that say do not trade the first 30 minutes but I believe those articles are referring to, stock not futures.

Considering the futures trade almost around-the-clock and we have volume in trades before the 830 car. maybe I need to discard this rule.

Opinions ???
More...

I know guys who are done trading by "9 AM Chicago time". And they are trading stocks, and they are doing very well.

I like to go until 11:00 central or so. Then I'm done. (Stock trading. Tried futures. Impossibly boring for me.) The first 15 minutes are the best, but I have a strategy which works into the late morning. Then I'm done.

There is a reason those article writers are writing articles.

Best.

JnB
 
Jdesey said:
Wow. That's sure a lot. My strategy works just fine. I was only asking if anyone else skipped the first 30 mins of the regular session. It seems your goal on this forum is to attack others. Why don't you spend your energy doing something positive. Sure I complain about market conditions. I'm a trader, what else would you expect. Sure I start threads, isn't that the point of a forum.
And no genius. This low volume low volatility has been going on for years. Not just the summer. If you knew the markets and did your homework you would know that.
Good luck. With and attitude as negative as yours you're going to need it
More...

I think it was a valid questions. Is the risk that comes along with less time to examine and traditionally more volatility, worth the risk of entering trades? The only problem is that there are endless strategies and it is hard for us to tell if for yours fits well. You should go back and examine trading at that time and determine if you need to make adjustments in the first 30 minutes or avoid that time period. Since the business of trading requires re-examination of what you do continually, as nothing works forever, I think you might have to make adjustments for the market we have today, not the market you want.

With regard to all the negative statements, I don't see what value you or we get out of it. It OK for us to disagree, as I do here often, but let's keep it professional.
 
Jdesey said:
I'm looking for opinions on the following.
I recently decided to do no trading the first 30 minutes of the regular session. From 8:30 AM to 9 AM Chicago time.
I am now rethinking that. It seems like some of the time I'm better off waiting and some the time I would hot my first winner of the day. Today is an example of that.

You can find a lot of articles that say do not trade the first 30 minutes but I believe those articles are referring to, stock not futures.

Considering the futures trade almost around-the-clock and we have volume in trades before the 830 car. maybe I need to discard this rule.

Opinions ???
More...
I dont trade until at least 5 minutes after the open (0935 east coast) to let the volatility calm down. If there is major news at 10 am I wait until that news comes out. I am normally done by 1400. Although I have missed a few trades after 1400 I would have liked to have been in.
 
Ok, looks like the majority are standing aside the first 30 mins... and for sure standing aside during the mid day lull of approx 11 AM - 1:30PM CST..... makes sense to me
 
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