What is trading like if one moves to CA

Beginner Questions
1

Is it going to be bad as you’ll need to get up early 3 hours early to catch up with the trading session when it is busiest, Any pros and cons?

Thanks :slight_smile:

2

Just wake up earlier I wake up at 4. Either you do or you wait and get the tail end of the market.

3

Cold:D

Plus you’ll have a new partner - Revenue Canada.:mad:

4

hmmm, I guess depends where you live, like I’m in China right now, as you wake up early as the Sun rises early@ 5am, but there is nothing much to do during the Tokyo session… … so you wait about 7 or 8 hrs for the European session before taking a nap… :o

Then after 4 hrs, when US sessions starts, it is about dinner time with family…and afterward what you wanna to do is going out for the evening to meet up with friends…not a good life or I am just spoiled or lazy:(

IMO, Europe would be best as you wake up fresh, have fun in the afternoon, then the evening is all yours…Nice :slight_smile:

5

It also depends on what time you choose to trade, I’m -4GMT, anytime I wake up is fine with me, I trade on signals which can appear at any time of the day.

6

there is nothing much to do during tokyo session??:eek: i think you should look closer to USD/JPY and EUR/JPY

7

I start looking for trades @9PM PST till 11PM or so (as long as I can handle staying up) and get back up for the US session by 6:30AM PST.

I use trailing stops and/or bracketed OCO orders to carry me through the night…

In general, I envy the East coasters…I am not a morning person.

8

East coast isn’t so easy either. Euro session starts at 3 am my time, I get up at 4:30 am. Up until this, I never set my alarm because my job lets me sleep in

9

Yeah I think the Pacific time zone is much better. I just finished my first week of forex trading and I live in California. I was told that the London session is the biggest and best time to trade. For those of us in California at least we can stay up a little late and perhaps find some good trades between 11pm and 1am. That will at least be my goal as I continue to learn forex.

10

What is trading like if one moves to CA ?

Sunny, breezy, and 85.:cool::):):stuck_out_tongue:

It doesn’t matter where you live in the US. If you trade FX, you will keep odd hours regardless.

11

OHHHH, California!

I’m slow but I eventually get there.:rolleyes:

12

Thanks all for the reply :slight_smile:

I really like this Forex business which brings Money and Freedom…and you can choose where you live when you’ve got ALL the money right ? :stuck_out_tongue:

I am still a newbie and trying her best :D:D

13

M2P is right you can move to Germany or France if you want to start when everone else starts.

14

I think my body naturally tends toward a nocturnal cycle, no idea why. For someone like me, the hours of FX is a dream come true in itself, being GMT-7

15

I am a newbie also. Depending on your life style, CA could be a great place to live.

16

trading style