The Transition continues. Lots of changes in the market, still. There are a number of people telling me how tough it's been this year. Yes, some markets are suffering from the way that the transition is going but others are not. You can't be just a one trick pony in these days of electronic markets.
I wake up early and part of my morning routine is to scour the overnight news and the overnight markets as well as the Forex Factory's economic calendar. All this, to get a handle on what markets I should focus on for the day. I turn CNBC on while I'm doing this - I switch to music later - so I can see what subjects are interesting people.
From all this, I pick what I will focus on. I am a trader. Not just an ES trader or a DAX trader or a Crude trader. If it has volume and volatility I can trade it. Being market agnostic is important for longevity in this biz.
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