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trade when there are news releases that will bring a very big impact, because the impact of the news release to the market is very huge. so for those traders who are able to analyze the news well, it will make the most of the news to trade, so it will very quickly to gain a sizable profit.
Hi ... I am a new trader in forex ... I would also like to know the time taken to trade forex ... I only trade at night because in the morning I work ... I took the time to trade forex is usually about 4 hours ..
you can monitor the market in start around 6-9 hour a day when to understand little bit about the market move then reduce the time and take brake 30 min on every 2-3 hour because if you monitor all the day then you getting bore very soon and your interest not build on the market and you are not know the market situation where the market moves.
Well i think a beginner needs lots of practice and time as a new trader don't know the basics of trading but i think a beginner should spend atleat 3 hours infront of the chart but don't sit 8 or 10 hours as it is very tiring and it will make you dull.
mjhe kafi time mill jata hay charts kay samnay rehnay kay liay. iss liay mjhe ko preshaani nae hoti aur may her kisam ki trading ker sakta hay. chahay scalping ho, ya day trading ya phir swing trading.
i spend much time for forex, but i spend just 1 hour for trading, i use much time to learn many ebook and many thread here, many strategy and make a trading plan and my journal
I have been trading in the forex market for about one and half year. I was part time trader last few months. But now a days I am trading full time and I am in front of chart for about 8 hours daily for trading and watching the market.
based on my experience we are trading a little better maybe next time and take a position chart carefully, because if too much in front of the chart and we have the same chart terhypnotis the wrong position and is often even greater loss
arjun, At this time the daily total some two and three hours, depends on the volatility of the market at the moment, but that's because I already have some experience, because when I was a beginner took many hours ahead of the charts.
Still, it doesn't mean you should be glued in front of your pc a whole day long to compensate the 4 years difference, my friend. After all, if the pair you traded only active around noon to evening, then it will be useless for you to wait it out since dawn.Quote:
Originally Posted by weaddads