Trading the morning only

Quote from ucf_student:

I'm considering just trading the mornings. Curious what % of your day trading income is made in the first 2 hours of the day on avg? Trading the am and going to a 9-5 on the west coast seems like a good way to go. Thanks for any input.
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good luck...you think you can trade and have losses and then go to work for 8hrs and repeat the next day?Sounds like a pressure cooker and a fast burnout situation.You ll be fine oin winning days but on losing days you ll go nuts.I am on west coast also and couldnt imagine getting up at 6 30 to engage in stressful activity and then go to work at 9 fo rmore stress...If you can handle crazy stress then go for it.
 
Quote from dsq:

good luck...you think you can trade and have losses and then go to work for 8hrs and repeat the next day?Sounds like a pressure cooker and a fast burnout situation.You ll be fine oin winning days but on losing days you ll go nuts.I am on west coast also and couldnt imagine getting up at 6 30 to engage in stressful activity and then go to work at 9 fo rmore stress...If you can handle crazy stress then go for it.
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Ya I hear you..... it is either that or not trade at all for me. I've done the full time trader thing before and sometimes is was great other times a struggle. I don't want the pressure of having to make money. I don't want to work a night job either that doesn't pay much as I've done in the past. Really I want to build up some capital so I can do more swing trading as well. Will have to learn to live with the bad days as I'm sure there will be plenty of those.
 
Quote from NihabaAshi:

You should'uv did a poll like the others in the past about this topic.

Mark
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You are right. I created a new thread with a poll. Please vote.
 
Quote from dsq:

good luck...you think you can trade and have losses and then go to work for 8hrs and repeat the next day?Sounds like a pressure cooker and a fast burnout situation.You ll be fine oin winning days but on losing days you ll go nuts.I am on west coast also and couldnt imagine getting up at 6 30 to engage in stressful activity and then go to work at 9 fo rmore stress...If you can handle crazy stress then go for it.
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Many of us walked to the office with weeks of pay in losses. It is part of the process.
 
Quote from ucf_student:

I'm considering just trading the mornings. Curious what % of your day trading income is made in the first 2 hours of the day on avg? Trading the am and going to a 9-5 on the west coast seems like a good way to go. Thanks for any input.
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I'm actually looking at doing something similar, the time zone difference certainly makes this a possibility (perhaps not a full 2 hours for me). I would encourage you to give this a try as well.

Just remember that you don't necessarily need to trade every day (i.e. don't burn yourself out), and also be careful initially with your trading size. The first hour of trading will typically offer you some nice opportunities as a starting point, particularly if you specialize in certain stocks.
 
It all comes down to your trading style and what fits you as a trader. Can you make profits in the first 2 hours? Does your style of trading fit the time allotted? If so, then go for it.
I know it works for me. Usually done by 12:00 est. :cool:
 
Sounds like a lazy way out.

There are more opportunities in the first two hours but there are still profitable opportunities in the middle.

The strategy i use most often in the middle of the day has no relation to the one i use at the beginning.
 
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