What is the best time of the day to trade?

Still working on the second part, js
Yes C63, something we all have to keep working on, as we are only human!

It is nice though when you get to the stage where you know what it is "really all about", and everytime you lose a bit more than you should, you don't even have to ask yourself why, for you already know the answer.

I believe you hit on one of the most important aspects of profitable trading for a lot of people, and that is - get in and out, take your money, and let the rest do whatever they like :)

What are you trading btw?

J_S
 
A "get in get out" approach is something like this.

J_S

Screen Shot 10-31-15 at 10.00 PM.PNG
 
A "get in get out" approach is something like this.

J_S

View attachment 158771
OK I will elaborate when I'm sober. I knew someone would still be here on a Sat night. I'd chat but too many beers for now. BTW I bought some chrysanthemums today for myself and thought of you. I know that sounds gay but I'm a gardener at heart. And just you mentioning it made me realize I've done way too much other crap and not enough for me. So I splurged and bought myself 10_dollars worth of flowers cause no one else will either at the present. I remember 2001 was in Massachusetts and the weather stayed warm into December and I'd bring the mums in at nite and put them back out in the morning. They got really nice. I haven't had mums since so thank you--Swimr
 
I like pansies myself:)..and in case anyone is thinking of PM'n me..forget it..the yellow type:rolleyes:

This is my favourite..lovely smell..cud snif it all day long:)

J_S
P_20151101_160536.jpg
 
I like pansies myself:)..and in case anyone is thinking of PM'n me..forget it..the yellow type:rolleyes:
Lavender I assume. Purple salvia looks similar. To answer your question I'm currently on a sim trading currencies. I've live traded futures, options, stocks, and currencies. Just coming back after a three year break. It's a long story. Was just getting good and had to stop. Working on psychology and money mgmt. My market feel still pretty good. Just looking for consistency but its spotty now. Could you please give a little play by play on the second chart? Who or what is making buy/sell decisions, and based on what?_thanks--Swimr
This is my favourite..lovely smell..cud snif it all day long:)

J_S
View attachment 158774
 
I like pansies myself:)..and in case anyone is thinking of PM'n me..forget it..the yellow type:rolleyes:

This is my favourite..lovely smell..cud snif it all day long:)

J_S
View attachment 158774
Tried to reply but got f'd up. Lavender? To answer your question, I'm currently on sim with currencies. Took a three year break so I'm working on money mgmt and psychology. IV traded live mostly equities. Could you do a play by play on second chart please? Who or what is making buy/sell calls? Thanks--Swimr
 
Tried to reply but got f'd up. Lavender? To answer your question, I'm currently on sim with currencies. Took a three year break so I'm working on money mgmt and psychology. IV traded live mostly equities. Could you do a play by play on second chart please? Who or what is making buy/sell calls? Thanks--Swimr

Been a long day. as had lots of stuff to do, so will prob be tomorrow before I can go thru the chart - one question, why you trying fx now if you traded stocks mostly?

J_S
 
The time of day in which a trader enters into a position can affect the outcome of the trade. Inexperienced traders or those who want to steer clear of the price volatility of trading early or late in the day should consider placing their trades in the middle of the trading day.
Study the attached chart for ES 5 min bars (0 to 80):
es 5min bar money velocity by jack.png
 
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