I found that trading in late hours on friday is not worth and whenever i tried to open trade after 22.30 a.m. i often ended up with open trades on weekend, some time movement is so insignificant that even covering up spread becomes difficult.
Printable View
I found that trading in late hours on friday is not worth and whenever i tried to open trade after 22.30 a.m. i often ended up with open trades on weekend, some time movement is so insignificant that even covering up spread becomes difficult.
M
It is good to say we cannot blame time because time is the same, time is the same and time will remain the same. It depends on our trading strategy and our physiological conditions. In the Forex market you have three options, one is buy, the second is sell, and the third option is not trading, so it depends on you what ever you choose with the help of your strategy. and in my opinion, the first time to trade forex while the market moves very slowly. it is difficult to know the exact move of the pair when the market becomes very slow due to slow speculation. so we should not trade when the market has no news events and there are no opening bells of trading sessions in this country .. mostly I have seen after our market session acting very slowly
Quick reply to this message Reply With Quote Multi-Quote This Message Thanks
Doing any job the first step is to make yourself able to do it perfectly or train yourself in doing it - as well as starting forex trading the first step will be to learn the basics of forex, spend time practicing (better on a risk-free demo) and when you feel confident, do as you like. and First of all, trading capacity must be considered, then there is a need for analysis of various companies that are appropriate for your company. After crikital analysis there is a need to invest in the company so that there is little chance of loss due to analysis. and in the month of December is Christmas and New Year, so there is no news, trading by relying on fundamental analysis is very interesting, but it is difficult to make an analysis, because only rumors already exist in the traders, so the price is difficult to analyze, if you already have lots of experience, I think traders who have the desire to learn to be successful
It depends on a trader that he makes a good or worst time when he is in a loss. I always open my trades after proper analysis and when I lose then it's not my worst time because I still hope to get back in profit but unfortunately if my losses exceed a certain limit then I close my trade to avoid more losses. and I do not agree with you because time is not the worst or the worst, it depends on us if we trade to comply with all the forex trading rules and do not take positions with much then you can control your emotions and you will see that you are in profit.
maybe the next day the market will be normal again. even my friend said when there are world events like the world cup event, the market will move fast and I think this is the worst time. and I think you should not trade on a day when you think you will be busy and you don't even have time to stop your stop loss and make a profit. This kind of trading will then cause a loss and trade whenever you have a few minutes to at least put a take profit and stop the loss price.
You need to know about ting who will know about things that will lean about thig who will move for themselves also about ties too. Things that will make things move for them are also about time as well as time as well. and I see that the worst time to trade is the Asian session, only the movements are very low and while it is very boring, there is no movement, no excitement which is something you can think of and work on in other sessions
if the question is the month then I agree with the moderator mr. december is a trading month, prices can change dramatically from the previous month, which killed me last year, i don't want to repeat it again, i think december is the best time to trade with instinct rather than skill and Scalping is usually done in TF 5m, testing strategies on a demo account, don't jump in trading accounts, traders don't think they will quickly develop equity, because it will provoke greed, and will get a margin call, try to manage risk first
There may be a number of times when the market remains unpredictable or a number of times the market remains very boring and we must avoid trading at that time. Avoid trading when you don't know about the market or what course to take. Every time a trader loses the right time to trade and must stop trading and try to trade in a demo to get an increase in their mistakes. and it is not correct to say that one time is worse for trading because things are not always the same all the time, but it might be wise to avoid trading in conditions of very low market volatility because the market at that time reflects the doubt between buyers and sellers.
Some international festivals or incidents in the world affect the trade market. Some incidents have a positive effect and some have a negative effect on the market, for example the American plan to attack Syria or Christmas. So, pay close attention to world incidents. In these days trading can be more disadvantaged or profitable. Maybe that's my own opinion and someone does not agree with me so sorry. and the worst time to trade is a time when you are in a loss and maybe a time when you feel not so good to trade ... and your mind is pressured by other factors then you have to stop trading because this is the worst time to trade
this market is rather very low, when expressed in a way every time. During this short time for competition for example a short time, there is never a possibility of an end result because this sector is likely not going to switch much and especially really everyone who is sold in the market wants to be outside of such a situation. The majority of this exercise during the competition year or more tends to create sector volatility to get very little time frame when potential traders prefer to give up promotion.