Weekend Gap Risk Futures: Why I Go Flat Every Friday Now
Weekend gap risk futures traders face is brutal. One Monday gap wiped my whole week. Now I go flat Friday and actually sleep.
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Weekend gap risk futures traders face is brutal. One Monday gap wiped my whole week. Now I go flat Friday and actually sleep.
Trading CPI on Tuesday? ES is at 6991. Last major data (NFP), I watched three traders blow their daily limit before lunch.
NFP trading is my kryptonite. I know the setup and fake-out pattern, but every month I take 8 trades when I should take 2.
Overtrading data days cost me $400 yesterday. ADP and ISM had me jumping in too early again. Anyone else break their trading rules on economic releases?
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