Traderji.com - Discussion forum for Stocks Commodities & Forex

A day in the life of a fx trader

Discuss A day in the life of a fx trader at the Forex within the Traderji.com - Discussion forum for Stocks Commodities & Forex; "Working as a trader in FX, I trade the Swiss franc. It is exciting -- ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > THE MARKETS > Forex

Notices

Forex Discuss trading the foreign exchange markets.


Advertise Here

Reply
 
Thread Tools
Sponsored Links
  #1  
Old 16th February 2007, 03:30 PM
Member
 
Join Date: May 2006
Location: Cape Town
Posts: 46
Thanks: 0
Thanked 0 Times in 0 Posts
CageRattler is on a distinguished road
Reputation: 20
Default A day in the life of a fx trader

"Working as a trader in FX, I trade the Swiss franc. It is exciting -- the foreign exchange markets operate 24 hours a day and any moment anything can happen. You have to be ready to react. The anticipation ahead of big numbers and the buzz you get from trading them is phenomenal.

6:30 a.m. - Getting Started

I usually get to my desk about 6:30 a.m. I start the morning by noting down the overnight ranges and calling our Asian desk to find out what's happened overnight. Then I read the overnight recaps and news, and look at where things are trading at the moment. Usually, if one currency or another has made a notable move, we will discuss it and collate thoughts regarding what we think and what positions to put on/take off.

7:30 a.m. - Take the orders from Tokyo

The day speeds up once Europe and London are all in and liquidity improves. Clients can call in any time. Most tend to call in early to find out what's been happening overnight. The majority of the business we handle tends to take place after 7:30-8:00 a.m. London time. European and UK data usually comes out from 9 a.m.-11a.m."

The rest of the day...
Reply With Quote
Sponsored Links

Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads for: A day in the life of a fx trader
Thread Thread Starter Forum Replies Last Post
One paragraph that explains Life...... nkpanjiyar Words of Wisdom 16 24th February 2007 09:41 PM
What Trading Teaches Us About Life saji oommen Words of Wisdom 0 21st November 2006 01:24 PM
Luck+Discipline=Life SavantGarde Words of Wisdom 0 18th November 2006 12:10 PM
NSE tie-up to give regional SEs new life Robbie Current Affairs 0 17th October 2006 03:21 AM
The Measure of Life Uday General Chit Chat 1 5th June 2005 06:02 PM


All times are GMT +5.5. The time now is 06:55 AM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum Rules Disclaimer & Disclosure and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2008, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com