Today was a very interesting day to say the least. If you're a member of the live room, or have been following my latest post that you know that I'm out of town for the week. Yup, I'm down in Myrtle Beach South Carolina in a fabulous beach house right off of the beach. I'm also with a group of 45 college athletes that I coach, but let's pretend that they don't exist so I can continue with my peace of mind. Anyway, because of our practice schedule, I had two choices; cancel the live room for a week , or trade the London session.
This morning I woke up bright...well dark and early at 3am in order to prepare to trade the London session. To my surprise I didn't feel as exhausted as I thought I would feel. If that being said I didn't feel as sharp as I usually do. Today's session was pretty rough as I went 0/4 in trading. On the bright side of things, the room is still up for the month and this triggered some pretty good discussions about risk ratio's, targets and other trading psychology topics with the best being dealing with draw down months. Despite losing money (which comes with the territory) I was happy with how everything went. I even did a half hour of overtime discussion with a few of the newer members of the room. Hopefully tomorrows profits will match up with the rooms positive vibe and I can write another good post.
Trading at this time in the morning is a new experience for me and many members of the room were happy we made the switch because it works better with their schedules. As I told them, I can't see myself making a permanent switch to trading the Euro-Session consistently, but I wouldn't mind doing it every once in a while.
See you tomorrow traders and Insiders if you haven't done so make sure you check out the Syndicate post I put up earlier this afternoon.
This morning I woke up bright...well dark and early at 3am in order to prepare to trade the London session. To my surprise I didn't feel as exhausted as I thought I would feel. If that being said I didn't feel as sharp as I usually do. Today's session was pretty rough as I went 0/4 in trading. On the bright side of things, the room is still up for the month and this triggered some pretty good discussions about risk ratio's, targets and other trading psychology topics with the best being dealing with draw down months. Despite losing money (which comes with the territory) I was happy with how everything went. I even did a half hour of overtime discussion with a few of the newer members of the room. Hopefully tomorrows profits will match up with the rooms positive vibe and I can write another good post.
Trading at this time in the morning is a new experience for me and many members of the room were happy we made the switch because it works better with their schedules. As I told them, I can't see myself making a permanent switch to trading the Euro-Session consistently, but I wouldn't mind doing it every once in a while.
See you tomorrow traders and Insiders if you haven't done so make sure you check out the Syndicate post I put up earlier this afternoon.
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