Lately, I’ve noticed that my trading performance usually fades in the late part of the day.
In the morning I’m generally trying to capture fast, 4-8 tick moves that trade with fluidity. Since I trade order flow on the DOM I can get tired quickly, especially staring for that long.
I do take breaks and use clear eyes regularly, but just can’t keep that focus all day. Which is completely fine I’m not saying I should be able to do that all day.
What I have done is adjust my trading style in the afternoon. I have been at longer-term moves and trades that don’t require as much tick-by-tick focus. The transition from morning to afternoon style can be difficult sometimes.
I wanted to see if anyone has done the same or even traded the same futures contract with completely different holding times. For example, I usually hold trades for only a minute or two, that’s my core strategy. I’d like to look at adding longer swing trades on the same instrument, es mini.
Hopefully, the time spent on the swing trades would provide more feel of that market and get me looking at other important information to better both styles of trading.
What’s your opinion on this and have you implemented a strategy like this before?