I must not be quick enough, its just to stressful, 50 point movies in YM in 90 seconds, to much for me.
I can not trade futures in this enviroment
- Thread starter myminitrading
- Start date
I like volatility but this is out of my league. This type of action occurred yesterday, big down draft rally back, drift in a 50 point range for 5 hours. might try trading the range, opps their went a 40 point drop in 10 seconds, forget it, Im going outdoors today.
#1: Tick charts, not time charts
#2: Prior experience helps. We've been saying for months now this type of action is coming... extreme low volatility IS ALWAYS resolved by extreme high volatility. Shades of 2000 - 2002
Currently one of my biggest profit days ever... one hour into the cash session. Been banging keys here since 6:30am est.
I even p**sed out the office back window rather than going across the house to bathroom.
Too much info, but true story
#2: Prior experience helps. We've been saying for months now this type of action is coming... extreme low volatility IS ALWAYS resolved by extreme high volatility. Shades of 2000 - 2002
Currently one of my biggest profit days ever... one hour into the cash session. Been banging keys here since 6:30am est.
I even p**sed out the office back window rather than going across the house to bathroom.
Too much info, but true story
Your right I should adjust, and just trade support and resistance levels.
You are my hero.