Mastering Analysis Techniques in the Market to Win in Trading!! Scatore Futa's Technical Dojo｜Episode 8 [Considering Entries] Part ⑤ Characteristics of the Three Major Markets and Price Movements by Time of Day
He rode the day-trading boom in stocks to become a full-time trader, but after a big loss due to the subprime loan crisis he retired once. Afterward he learned Forex (FX), spent two years as a part-time trader, and by the third year he became a full-time trader.
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※This article is a reproduction and re-edit of an article from FX Strategy.com's March 2021 issue. Please note that the market information written in the body is different from the current market.
The major advantage of FX is that trading is available 24 hours a day
I entered the world of trading from stocks, but unlike FX, stock trading hours are limited to 9:00 to 15:00 when the securities exchange is open. Moreover, from 11:30 to 12:30 is lunch break, so practically only about 5 hours of trading is possible.
In contrast, the foreign exchange market (FX) is open 24 hours from Monday morning to Saturday morning, which was very convenient for me starting FX as a part-time trader. I could trade after work when I got home, so I quickly grew to love FX.
