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The Best Time Of The Day To Trade
I knew an S&P 500 pit trader, Greg R, who was arguably the fastest person in that pit and he made a lot of money because of it. He was very proud of the fact that only worked 1 hour per day - the final trading hour of the day. He was a big believer in the old Wall Street adage: "Amateurs trade the opening, and pros trade the close". How he made his money made intuitive sense to me because I was experienced at trading using volume and time distribution. After studying MarketProfile for only a short period of time I learned that later in the session was better because by virtue of time you have more definition to ... (full story)
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- Sep 4, 2013 10:00pm Sep 4, 2013 10:00pm
- FxJunky
- | Membership Revoked | Joined Apr 2008 | 122 Comments
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- Sep 4, 2013 10:37pm Sep 4, 2013 10:37pm
- Rag2RichesFX
- Joined Jul 2012 | Status: CME seat owner | 21 Comments
Be hopeful in a winning position, and fearful in a losing position.
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- Sep 4, 2013 10:53pm Sep 4, 2013 10:53pm
- Ever E. Man
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The mind thinks, the heart knows...
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- Sep 5, 2013 12:25pm Sep 5, 2013 12:25pm
- Trout
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