Do you work a typical 9am-5pm job? Let’s face reality; these days 9am-5pm has turned into 8am-6pm. Wouldn’t it be nice if you could trade the markets and still work that 8am-6pm? Better yet, what if I told you there was a way to reduce your risk while you are trading the markets and working your 8am-6pm job?
In this video, I will demonstrate why traders working a 9am-5pm or 8am-6pm job might want to consider trading the Asian trading session.
You will get an inside look at a test that was performed during the week of March 17, 2019, through March 23, 2019, using a simulated trading account. And what’s better for all of you 9-5’ers, all of the trades taken during this test period were taken between the hours of 6:00 p.m. EST and 10:00 p.m. EST.
With an 81.82 percent win/loss ratio, profit factor score of 17.28, average winning trade of $120.00 and an average losing trade of only (-$41.67), the results were impressive!
The markets I typically trade during the Asian session are the Forex and Futures markets. Most of the trades taken during this test were taken on the ES Futures contract. But as I demonstrate in this video, even Forex pairs like the EUR/USD can be traded during this period.
While trading the Asian trading session, you can reduce your risk on trades by using smaller stop losses, which means you can still trade with a smaller account size.
One last benefit of trading the Asian session is that it allows the typical trader, working 9am-5pm or 8am-6pm to have the time to focus on the charts without day to day work distractions (or being caught by the boss).