100% I had to stop trading London and Asian sessions just due to the fact that I have a little bit more of a scalpers mentality so when the spreads are wide and the liquidity is thin, it can kind of bounce around on you putting you draw down when the stock charts really not even moving and I get anxious and start to get impatient and end up getting caught up in trades. I haven’t traded those sessions at least over a year and my mental capacity hundred times over
I need to stop trading asian session on NQ. The spread is high and the market moves so slow causing more over management and anxiousness
100% I had to stop trading London and Asian sessions just due to the fact that I have a little bit more of a scalpers mentality so when the spreads are wide and the liquidity is thin, it can kind of bounce around on you putting you draw down when the stock charts really not even moving and I get anxious and start to get impatient and end up getting caught up in trades. I haven’t traded those sessions at least over a year and my mental capacity hundred times over
Will this 20 SMA strategy work on a 2 minute time frame as well ?Or is the 5 minute better ?
It looks like there's a loss right after 12:30, so this is a 4/5 trade, not 4/4, so 80% win rate, still pretty good though.
the sell didn’t confirm, if you’re talking about the sell signal at 12:30 it needs to break the lower wick which it didn’t
@@rbnsWRLD Ahhh, now I see it. It definitely was very tight but indeed didn't break. Thanks for the spot and explanation!