I believe there are no advantage and disadvantage because we all make our own decision. The problem is can you survive in the game?
Yes, the final decision is depending on us but I am sure if our style of trading has its own advantages and disadvantages in trading based on session to use for trading. Different session will be different in effectiveness in trading so traders need to find out good timing for opening or closing position so the profit can be maximized and the loss can be minimized in each transaction. Good money management and risk management are the key to prevent big loss.
In our trading we need to understand which trading session is going to be more profitable to us and how we are going to manage our income and profits in them
In our trading we need to understand which trading session is going to be more profitable to us and how we are going to manage our income and profits in them
That's right. Your result of trading will be better if you knew how to find out the best time for entry and exit point in trading with current strategy. It is possible to prevent big loss if you had good money management and good risk management. If you could find out the best session time for trading then it will be easier for you to make schedule when is time for trading and time for doing another thing.
In the Asian trading session i will see the general trends in the market and then in the later part of the day i can decide if i want to do my trading or not so that my income will come if i can find a good trend with me
In the Asian trading session i will see the general trends in the market and then in the later part of the day i can decide if i want to do my trading or not so that my income will come if i can find a good trend with me