I am in front of the chart when i take a position and it hit my profit booking quote. I like to spend in front of the chart for more than 8 hours on the day of economic news flow.
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I am in front of the chart when i take a position and it hit my profit booking quote. I like to spend in front of the chart for more than 8 hours on the day of economic news flow.
For the time long in circulation and tired of this varies from one to another according to the strategy used there are after strategies that require you a long time and follow-up, there are some that take too small and as I said, it varies from one to another, no income, a novice or an expert in this matter
mainly am watch the market 10 -12 hrs per day .. but dear with this i work my other work. how i do .. i just follow the long time frame and follow the news so i know when i watch the market and when i do my personal work..and i am suggest every body .mainly if u watch the market full time like i do. u cnt control the emotion . but if u follow the higher time frame chart than u will be able. to control. the emotion and also avoid the over trade.
for me i think that is tea open the position till the nest signal that the market of the market that they will go against me well in my start i have close the deal at half of the profit and i dont in case of lose so i think that we should put the orders and let the market do what do they want
wow,It will adversely impact your health.
you quickly change your system before you experience health problems.
because there is no point in us having a lot of money if we are sick.
It actually takes time before we would be able to take out any analysis from the markets. So we have to be sure about the Fundamentals and also about the exact timings of the Entry into the markets. This is required so that the eventual gains start flowing to us and we remain in the profitable trades.
for me it depends on how do I feel and what my mood is.
If I didn't get enough sleep or had some bad trades or some other stressful things not related to forex (like family problems) I will not spend alot of time trading. I will do the technycal analysis, put in support and resistance then maybe watch the charts for an hour if a good entry point presents itself, enter with stop loss/take profit and then leave. I do this because in the past not being concentrated on what I'm doing costed me alot of money.
If I'm in a good condition, rested and feel on the top of my strenght I will watch the charts for about 6 hours with breaks in between (I make a bit of standing up from the computer every hour for about 5 min for blood circulation and back stretching). I usually have the chart open and play poker alongside it so I can follow the market movement nicely.