So my question for today is how many people hold trades over the weekend? If you do hold them how do you handle the risk of a gap? If you go flat every Friday how do you manage your reentry on Sunday/Monday? And lastly are there any people who are specifically trading from Friday to Sunday/Monday in hopes of a gap move? I hope every one has a great weekend. I will be in Amsterdam, Germany and Prague next week so if any of my Euro friends want to get together for a drink let me…Continue
I was discussing this topic with a fellow trader and wondered if I could get some feedback here. I trade a mathematical system and I have recently automated it so for me and my trading, emotion no longer has anything to do with it. On the other hand most people do not use automation yet which means they are forced to wrestle with the psychological side. So my question is this: Does having a mathematical edge that is automated really alleviate the psychological side of trading?