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I trade Futures and Futures Options using EOD
data.
I am a position trader and leave day trading to
those better suited for it.
I can not or will not day trade because I know
I do not make good decision under pressure. I need time to
analyze and select the best opportunities
from a variety of different markets so position trading is my strong
suit.
For a lot of other reasons position trading
makes more sense for me because I do not want to be tied to a computer or quote
machine all day. I make my trading decisions at night when the pressure is
off, email my orders to my broker for the next morning and then go
fishing. Position trading provides me with the best of both worlds.
I love trading and make my living at it. My work day starts at about 5 pm
and runs until about 10 pm at which point I email my broker and call it quits
for the day. The next day up until 5 pm I can do whatever seems
appropriate with my time. If it's hunting season I go hunting, if it's
fishing season I go fishing, etc, etc etc.
My way is not for everyone but that is why God made
us all different.
God bless and best of wishes in all your future
endeavors,
Tom
----- Original Message -----
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
futuresproj
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Sent: Tuesday, February 26, 2002 6:54
PM
Subject: [RT] Futures-EOD or RT
I assume that this list is populated mainly with equity
(stock) traders, but for those of you that trade futures, do you trade
mainly off of EOD signals or RT?Seems that most futures traders
work mainly EOD but as more intraday trading techniques are developed, it
looks like it has some advantages.I chart and run my systems on
EOD data, but seeing RT data to better target an entry or exit certainly
would help. I'm sure that this is old for the equity guys but do any
futures traders do this?Got an entry or exit placement method to
share?-FPTo
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