time zones and trading

[rom]

Over and over again I miss good moves which I would take position if I was on my compuer but living in California means I'm out of market sleeping in the most dynamic hours specially since I'm short time trader keeping positions mostlly less than a day .so looks we ppl in not convenient trading time zones have to be many times better traders than ppl in europe to be able to get even with them .

[psytrader]

Originally Posted by rom

Over and over again I miss good moves which I would take position if I was on my compuer but living in California means I'm out of market sleeping in the most dynamic hours specially since I'm short time trader keeping positions mostlly less than a day .so looks we ppl in not convenient trading time zones have to be many times better traders than ppl in europe to be able to get even with them .

Ocupational hazard.

I live in Texas and typicly sleep from 5 pm to 11pm central time.

With a nice long nap on Saturday.

Forex is the fastest way I know to work 90 hours a week.

[SeanB]

hehehe Move to Europe

[wozdan]

I live in Central Europe, the best time zone there is to trade fx and I do not find it easy to trade profitably. I backtested my strategy and took into consideration trades done only during asian trading hours and found the ratio of good/bad trades to be higher...probably a coinsidence, especially that the backtest was only 3 months back...

I think your problem is the "grass is always greener on the other side" type of a problem . Maybe thanks to this thread you'll work it out, your psychology will improve and you will be a better trader. Best of luck to you.

Or we can swap strategies if yours would "over and over" show good opportunities in my time zone and vice-versa. Think about it.

regards

wozdan

[rom]

Wozdan how about swaping our citizenship ,I love Europe it's such a great continent .my startegies is nothing special just support and resistance ,trend lines and chanells and belive it or not it works only if I had more control over my emotions and apply a little bit money managment I will be rich in no time

[wozdan]

Originally Posted by rom

Wozdan how about swaping our citizenship ,I love Europe it's such a great continent .my startegies is nothing special just support and resistance ,trend lines and chanells and belive it or not it works only if I had more control over my emotions and apply a little bit money managment I will be rich in no time

No way, I am happy with my citizenship just the way it is! . But if you are ever in need of getting a Polish citizenship don't hesitate to ask me for help . As for strategies, I have the same problems. the strategy is excelent, but I lack confidence to take trades after a bad trade. But I am getting there...

cheers