A trader explains why Dubai's time zone works better for them: US market open hits 5:30pm local time, letting them exercise and handle other business during the day, then trade at night. They prefer being a night owl over the exhaustion of daytime trading in New York or Miami.
So I actually like the timing here in Dubai. Trading wise, the US market opens at 5:30pm which is 9:30am Eastern time. So I'm more of a night owl. That's number one. Number two, I kind of like having the day to myself. It also helps me operate better because now when I'm back in New York or Miami, when I wake up, the first thing I dive into is trading. By the time I'm done trading, be it 11am, 12pm, you're mentally exhausted. You don't want to do much depending on the day. You know, if you have a green day, red day, whatever it is, sometimes when you over trade or you sit through a session for a long period of time, you're in front of your computer until 4pm and by the time you blink, the day's over. Here, able to set the tone of the day. Early on, I wake up, let's say 10am I have six hours. In those six hours, I want to go to the gym, if I want to go play tennis, if I want to go to the beach, if I need to work on other things with my other businesses, I can do all of that and then end my day with trading.
