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I dont believe that by giving lot of time in front of trading terminal we can make lot of money, rather we should spend good time on forex analysis and whenever we see an opportuity then enter in trade - so instead of going to make trade now and then it would be better to look of right opprotunity before entering trade.
It is right that one should not spend a lot of time trading or monitoring the trades as it can be done by placing the stop loss and take profits too.Also a trader should spend more time on doing study and analysis and predict these markets to perform right trade.Quote:
Originally Posted by yogesh
It depends on your trading style. day traders give more time from 8 to 10 hours. But also give less then 8 hours. If somebody is doing forex as part time job then 4 to 6 hours are enugh time. Some long term traders give very small time for trading. It all depends on the trader how much want to give.
हम कितने टाइम स्पेंड करते है फोरेक्स ट्रेडिंग में ये पूरा हमारा अवैलब्ले टाइम पर निर्बर करता है. मै तो सिर्फ २ से ३ गन्ता ट्रेडिंग करने के लिए उपयोग करता हूँ. क्यूँ की बाकि टाइम में मै मेरा फुल टाइम वर्क में बुस्य रहता हूँ.
I think its depend upon on you.First you have to give lot of time for Forex trading to know all about.Then when you will become expert then you just have to look and decide.Its very simple and less time taken.
It is right that one should not spend a lot of time trading or monitoring the trades as it can be done by placing the stop loss and take profits too.Also a trader should spend more time on doing study and analysis and predict these markets to perform right trade.
It depends on the ability of a trader as some traders take long time to do study and analysis and few take less time but on an average it requires 2 hours to do some study and analysis and if a trader wants to monitor his trade it depends on his trading style.
It is depend on trader,But I said that you are complete your all of work and then trade in forex.You don't able to give time to your family and friends when you set for 5 to 8 hours in front of P.C.
i think that if someone wants to learn forex well...and want to know the movements of market well..then he should give at least 10 to 12 hours to forex market daily....because if someone wants to be an expert, then he should know about market well... and everyday observe market well...
we should not do Overtrading because it is bad for us and very risky in our analysis that could lead to loss of margin. we should be trading 2 to 3 hours only and when the market is crowdedQuote:
Originally Posted by assi