What to do the rest of the day?

trader1974 said:
I normally operate the first two hours after opening.
Then the market becomes slower, chaotic, without volume.
I would like to trade more but normally if I do I lose part of the earnings in the first two hours, so I stop trading until the next day.
Have you found something to trade that is profitable after the first two hours?
Any ideas?
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you haven't said the type of trades that you're doing in the first 2 hrs that are winning type trades?

on "something to trade after the first two hrs" not something specific and again depends on the individual, but looking at whats trading volume/highest option volume or price drops when the European makets are closing/closed, US (EST) lunchtime lulls & in the last 30 minutes of the trading day
 
Tradex said:
I watch close to 40 different financial instruments each day, at the same time, on the 15-min charts.
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40 financial instruments? Do you trade large-cap stocks? AAPL, AMZN etc? Any small cap? Bonds? Any special raw material or currency?
 
trader1974 said:
Speedo, devil trader, it's not the same after the first two hours and you know it
Just kidding! :D:D:D
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2:15 EST was the 5 minute trigger bar on a retracement entry (ES) it's already gone 19 points. When and how to trade is a personal decision. Some of us really enjoy trading and a thousand a contract is not a bad way to spend time.
 
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trader1974 said:
40 financial instruments? Do you trade large-cap stocks? AAPL, AMZN etc? Any small cap? Bonds? Any special raw material or currency?
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Hi,

I follow 28 currency pairs (Forex) and at least 10 to 15 commodities (including the equity indices) on the 15-min charts.

It seems like a lot but after a while it becomes routine.
 
easymon1 said:
What is your objective? Why do you want to trade more?
(are you consistantly profitable?)
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Well, I don't have a fixed profit target if that is what you mean, I lengthen the trade according to what the market transmits to me, for example today I was very slow to open so I closed quite early. I will only trade more if I find a market with momentum after two hours, losing time does not interest me And I want to operate more because I like it! And yes, I am finally consistent, I can say that it is very difficult but not impossible.
 
trader1974 said:
because I like it!
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understood. yes.
...because if making more money is the outcome expected from the additional activity/time, that may not scale like it could seem.
If it's for the enjoyment, well then sure just keep on truckin.
It might be a good idea to monitor your P/L by Hour of Day for a while.
1:30 till 3:30 ET can be fun, and 3:30 till 3:59:59 can be a real hoot.
You thinking night and AM hours too? There's good times to be had 8:00-10PM, 1:30-3:30AM too. NQ at 6:00PM gets a goose sometimes till 7. Go shop some charts, you'll see. Keep your eye on liquidity/volume, exits can get hairy. Rock Out.
What products do you trade now?
 
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trader1974 said:
I normally operate the first two hours after opening.
Then the market becomes slower, chaotic, without volume.
I would like to trade more but normally if I do I lose part of the earnings in the first two hours, so I stop trading until the next day.
Have you found something to trade that is profitable after the first two hours?
Any ideas?
More...
Look for more trades to take
 
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