Done for the Day!

Today's futures trading didn't take long. I watched my trade setup and then just pulled the trigger, took my profit and headed downstairs to have another Nespresso. Mrs EL tried their new Vanilio flavour and is well and truly hooked.

We make trading much harder than it needs to be. It's not about how long we spend in front of our workstations but how much money we make. Every time I open a trade, I take on risk. I don't want risk. I want profits.

Markets move when they are out of balance. That happens at specific times of day and also after surprise news. That's when I want to trade. I want that quick gratification - I want to be paid for taking on that risk and I want to be exposed to that risk for as short a time as possible. I can do that as a Hybrid trader or as a discretionary trader. I can us this tactic in fully auto trading as well by identifying the window(s) in my trading day when my Flobot makes money. Both Bloodhound and MultiCharts allow mw to restrict my trading to specific times of day after I have backtested the when. Adding context is more difficult for auto trading but I find that by choosing the "when" correctly, I also hot the right context as my trading pictures do the rest.

Like today.

I chose the periodicity of the bar chart to specifically identify the timing for the VA entry trade.