Anyone trading now?

Dec 29, 2009 at 13:34
1,126 Views
8 Replies
Member Since Jul 31, 2009   29 posts
Dec 29, 2009 at 13:34
I wonder if anyone is trading currently?

The market is more or less dead, but I can't help it - I want to trade! 😞

If you're not trading currently, when do you think it's best to resume? 1st of January? Or maybe the 2nd?
If it moves up and down, and I can sell and buy it, I'll trade it!
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Dec 29, 2009 at 13:56
I'm trading my arse off. Fx is busy today.
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Dec 29, 2009 at 13:57
K well, in retrospect, my server is really busy. I'm not so busy.
Elkart
forex_trader_7
Member Since Aug 01, 2009   941 posts
Dec 29, 2009 at 13:59
Got CCI in 1 hour, and later this week NFP in thin markets. If it's slow you're looking at the wrong stuff.
Member Since Aug 06, 2009   397 posts
Dec 29, 2009 at 14:03

Elkart posted:
    I'm trading my arse off. Fx is busy today.

that makes two of us.

although the automated system runs, i find it a bit risky for my manual trading style.

i would suggest to wait until january 4th since the 1st is friday, and for a first friday for 2010 i wouldn't be surprised to see some high volatility.
Sleep is for the weak.
Member Since Jul 31, 2009   29 posts
Dec 29, 2009 at 16:25
Interesting.. And I thought everyone are afraid to trade at this time of year.

So your systems don't experience any difficulties with the low-liquidity-high-volatility type of market?
If it moves up and down, and I can sell and buy it, I'll trade it!
Member Since Aug 31, 2009   131 posts
Dec 29, 2009 at 17:27
I'm getting higher DD than normal (about 10%) because smaller players can push the market around when the banks are on vacation but really not anything my system cant handle. This is the dangerous time for newbie manual traders though because the markets can move so fast and unexpectedly.
It ain't easy being Cheesy!
Member Since Jul 31, 2009   29 posts
Dec 29, 2009 at 19:16

Fulltime247 posted:
  This is the dangerous time for newbie manual traders though because the markets can move so fast and unexpectedly.

Yes, I agree. I would even go further and say that the same sentence applies for experienced traders also.

So your system is automated? And if so, do you monitor it more than usual because of the noted circumstances?
If it moves up and down, and I can sell and buy it, I'll trade it!
Member Since Aug 31, 2009   131 posts
Dec 29, 2009 at 20:16
I'm keeping an eye on it just to make sure the 'bot' is operating correctly but more to view the end of year action for myself so I know what to expect next year.
It ain't easy being Cheesy!
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