11th March 2013, 12:50 PM
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Member
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Join Date: Aug 2010
Posts: 1,037
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Quote:
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Originally Posted by stugots
With your obvious skills in this area TO, I would be pulling night shifts & adapting to the overseas markets.
This may not be feasible for you but it's only a matter of time until all Aussie markets are subject to the turnover tax so you might as well bite the bullet & move on to something that is sustainable.
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The overseas markets are out for me due to two reasons - I work a normal job during the day but the most important, the lag in the refresh rate kills me for one tick trading (and is probably why it works for me in Australian racing).
As previously mentioned in my trading thread I have tried to trade the UK using chart patterns as this is the best way for me to combat the lag as I would then trade over a longer period of time but I really haven't had much success (probably need more practice) but also the time difference with me in Melbourne and the races starting after midnight at the moment.
Granted when daylight saving stops in Melb and I assume they start in the UK then the races can start some time after 10pm my time but that is then only 6 months a year.
Sigh.
__________________
Never give up on a dream just because of the time it will take to accomplish it. The time will pass anyway.”
― Earl Nightingale
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