[carltonp]

Originally Posted by Tams »

you should always study the contract specification before you start trading the instrument.
The document is available at the exchange's website.


the market re-opens after RTH for the over night session, that's why your trade gets executed after close.

I thought I read that YM close at 15:15pm for maintenance and then re-opened at 15:30pm. Is that incorrect?

Cheers

[carltonp]

Originally Posted by Tams »

You are welcome. Glad I can help.

Everybody starts at the same place, I was there once.

Hi Tam,

You may recall that I've been using Excel to develop a system based on trading at levels where price pauses. The attached is typical of the type of wining/losing trades I have been achieving using the system. I trade two hours a day - 14:00 - 16:00.

I wonder if I could ask you (or any trader willing to comment) to take a look at the trade log for 12/13/11 and let me know if that is typical of what traders would expect to be earning per day.

Without being condescending, Blue represents profits, Red represents losses.

Cheers

[Tams]

Originally Posted by carltonp »

I thought I read that YM close at 15:15pm for maintenance and then re-opened at 15:30pm. Is that incorrect?

Cheers

read my post again... the answer is there.

[Tams]

Originally Posted by carltonp »

Hi Tam,

You may recall that I've been using Excel to develop a system based on trading at levels where price pauses. The attached is typical of the type of wining/losing trades I have been achieving using the system. I trade two hours a day - 14:00 - 16:00.

I wonder if I could ask you (or any trader willing to comment) to take a look at the trade log for 12/13/11 and let me know if that is typical of what traders would expect to be earning per day.

Without being condescending, Blue represents profits, Red represents losses.

Cheers

what is the time zone of 14:00 - 16:00 ? New York time? Exchange time?


every trader is different... you have to be comfortable with your expectation and risk tolerance.

[carltonp]

Originally Posted by Tams »

what is the time zone of 14:00 - 16:00 ? New York time? Exchange time?

The timezone is New York time ....