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Yes due to our massive time difference I do trade overnight but the biggest paradigm shift in our thinking I want people to think and use in their trading is when does the market open and when does the market close
Here is the biggest challenge as based on when they think the market opens and use the chart session and try to workout the levels and Highs and Lows
But does it really operate like what we have been taught
Sharmas
Can you help answer these questions from other members on NexusFi?
Yikes Itzhak, could you post your latest picture in a larger format? I've tried every-which-way to make it larger to see, but the pic is too small and the resolution goes to naught when expanding to see the chart.
But this is Sharmas's journal anyway. We want Sharmas we want Sharmas, gabba gabba hey!
Serif, man, we are doing the best we can with what we have. There is nothing else we can do. And we try to share the moves with others to help expand ideas, concepts of trading, possibilities. Don't be one of those stodgy punks that says "If it is Sim it is fake."
If you search for my journal, you will see my attempts since April 16th of this year to make it work with 75K in an account. If you look though the trading logs (and no, nothing was deleted from those logs, I do not cheat), you will see the progress I have made or not made, my basic ideas, and the results of my ideas. Sharmas is doing the same thing in this journal. There has been some argument here about how sim affects live, yes, but I am now a living example of it. I am in a single MGC short contract at a terrible price in Dec. We'll see how it plays out, and if my trading plan will work. But I chose Dec because that is the farthest month out my data feed is providing me GC data.
Now that I see through the broker statements what is actually involved in holding overnight, I am ecstatic, because many questions have been laid to rest. And they are all in my favor.
So please don't poo-poo on Sharmas's journal. He is doing the best he can with what he has.
In fact, that gives me an idea...Hrmm...Posting a redacted live account statement about holding overnight. If I can become profitable, people can follow along. If I lose it all, people can follow along as well. But what the hey, it may give ideas. Sorry Sharmas for what may seem like a hijack. It's not intended to be so, I just had an epiphany and had to type.