Traders Laboratory - View Single Post - Discard News and Futures
View Single Post
  #1 (permalink)  
Old 02-06-2008, 02:56 PM
januson's Avatar
januson januson is offline
januson has no status.

Trader Specs
 
Join Date: Mar 2007
Location: Denmark - Copenhagen
Posts: 60
Thanks: 0
Thanked 1 Time in 1 Post
This member is the original thread starter. Lightbulb Discard News and Futures

Hello...

In my constant search for the perfect trade I've tried to eliminate external noise as much as possible. It started with total elimination for diverse recommendations for price targets, you know.. strong buy, conviction lists etc., then I eliminated all financial expectations etc. Of cause things like cnbc.com-videos etc. are banned in the trading hours. I often amuse myself watching Cramer and so forth, but only in my sparetime.

Well.... I live in Denmark CET+1, the US markets open 1.5 hours before our exchange closes Nordic - OMX; Sweden, Norway, Denmark.
In the tradinghours I've a suspicion that the market follow the US futures very closely, in particular NQ fut and S&P fut. I'm not sure if that's their real names?
However.. for each little upstep or downstep it looks like we follow them, for instance.. in the morning 09:00 our time (your time must be 3am) if the futures are negative then.. uhhh... we open lower and vice versa.

I'm thinking of eliminating every external noise, so the futures must go down the drain also. And so must some of the other indexes also i.e. Swedish Index.

Anybody else in out there, who only concentrate about the trade, the whole trade and nothing but the trade. And ignore / close out everything else?


BTW... I rarely hold my positions overnight.

Reply With Quote