Trading from home

My lunch partner is going to trade from home and I really envy her. Unlike me, I have to wake up at 6am, try to catch my usual train so that I could hopefully get a seat on the train, rush to GETC to switch my PCs and get settle down to prepare to trade. While there is this eagerness in me to trade, but when the market opens, I am lost....don't know to buy or to sell.....well, I wonder do all day-traders have the same dilemma?

I have already closed my books this Tuesday till end of this year. I thought 休息是为了走更长的路. I plan to go through all my trading blogs and read through my trading books and do paper trades!

Yes...paper trades! I know it is always easier to make money with paper trades as the emotional part has been taken care of.

OK....I bought 1 lot of NK @11210, stop loss at @11190 at 1:00pm. Profit target @11300. Why do I want to buy? Two reasons:
1) 18D line has already turned up and it is likely to test last high of 11280 again. So as long as tonight Dow does not drop a hundred points, NK will hold firm @11200 support level. By the way, Dow is likely to do a inside day (range market) tonite.
2) Year end window dressing. Most traders believe this myth, so shortists are very wary about going against the crowd.

Alright, hope my view is correct.

Which markets can trade and make money?

I come across some traders who trade from one market to another, then change to another market a week or two later. It is like today trades Simsci, tomorrow NK, then jumps to Dax, mini S&P etc....

And the reason being, they losed money in market A, so cursed that market A for not being liquid, then they switch to market B, losed money, complaint that market B moves too fast, too volatile, then changed to trade market C.

Well, there is really nothing very wrong about switching markets. And I personally believe that a trader should trade a few markets as not all the markets are active or have entry levels every day. But I strongly subscribe that a trader should have at least ONE 'bread and butter' market that will consistently generate a good income.

Most traders lose money but do not really find out the real reason. They just conveniently switch to trade another market. What they did not realise is that, may be it is the trading plan they executed is not making them money, so it really doesnt matter which market they trade.

I stopped trading Simsci for a while since the volume became thinner a month ago. But last week, simsci volume came back to normal level again and I seized the opportunity. And of course, my 'bread & better' now is E-NK. But I monitor and analyse both markets everyday.

I believe it takes time to understand a market's character, so it is vital to spend enough time and research in a market in order to make money out of it.

Anyway, this week has not been a productive week for me as I was sick for the whole week. Only spent average 3 hours trading a day. But the lucky thing is I made money this week. :D