The News JunkieQ: How often do you actually end up staring at the screen,
because it sounds like you trade pretty actively?
A: I do. See, I just don’t consider it work. So it’s not big deal. I
put my laptop up in front me, turn on the TV, and I’m watching
both at the same time. I would say if it’s an active day, maybe that
window from 2a.m. until 10 or 11a.m. Central Time, which is an
excellent time to trade for that eight- to ten-hour window.
Q: You’re up pretty early, you’re up overnight, basically.
A: I’m awake when there’s volatility. I can feel it, and it wakes
me up.
Q: What is a typical day like?
A: I wake up at around 2a.m. I’ll watch the markets. If it’s
relatively quiet, then I’ll go back to sleep for a few hours. I prefer
to trade from 2a.m.to4a.m., get a few hours sleep, and then the
U.S. news normally comes around 7a.m. my time and that’s a good
time to be awake and ready to trade. The first thing I do when I am
ready to trade is, obviously, glance at the numbers see where the
market is trading. I want to know if it moved while I happened to
be asleep. Then I will read over the news, various market reports.
I’ll start looking at the price charts, see what it did overnight, where
are the highs, where are the lows. I start getting an idea of which
pair I want to trade and start watching it and planning an entry
ahead of time. Of course, I know in advance when all the news is
coming out. So if there is a big news item, I won’t position in front
of it, normally, I’ll wait for it to come out.
Q: So you are day trading during that time?
A: Normally I’m in and out within the time I just discussed.
Sometimes I’ll hold a position. It really depends on why I entered