If you are a beginner
I think better if you use Pending Order or robot
so when you are not consumed by a dizzying chart
you can be hunted without the worry of death
it's just my opinion....
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If you are a beginner
I think better if you use Pending Order or robot
so when you are not consumed by a dizzying chart
you can be hunted without the worry of death
it's just my opinion....
yes, you are correct. you can always keep an eye chart when the market is volatile. such as Euro and us. sessions. at the session, prices tend to move volatile, so you can take advantage in a short time.Quote:
Originally Posted by mmja2003
That depends ... I have also spend all my waking hours before my charts ... and I have also taken the leave once after I have called it a day. There is a time when you need to spend the most time in the market and then there also comes a time when you need a break. After much hassle of going through analyzing and all that ... a trader might need some space for his mind and decision making ability. Sometimes even a trade won't let you go anywhere ... though there is very little that one can do once a trade has been lodged yet it is difficult for a trader to be indifferent.
Spending 4hrs beeline in foreground of the pc is not alone backbreaking but its not acceptable for acquirements as well. everybody needs breach every 1-2 hours abroad the acquirements is not able and we all apperceive the aftereffect of accent on trading is not positive.
I believe that In the starting newbies pay lots of your time in obverse of the charts learning it and analyzing it. While in the beginning it's conjointly slightly troublesome to recognize the charts as there are graphs and illustration however afterwards it becomes easier to review them. I recommend someone should have a glance at these charts and perceive the essential pattern instead of session for hours and learning it utterly.
I think brother Malik is right, sitting and watching the charts for hour after hour is surely boring and along it is unhealthy. We should find out and learn more about the right time & right moments to make our time worthy of watching the charts could help us to do the Forex Trading much more effective and positive in our life.
We don't have to stay long in front of the chart since since there is a service that provides price alert text message (SMS) to our cell phone. We can set up our price levels and get on with our life. We will be informed instantly by a text message on our mobile phone when our price levels get hit.
On average, human ability to focus on something continuously run only about 6 to 8 hours. You can stare at your chart that long but then you have to make sure to rest your eyes and mind, preparing them for the next day trading. Otherwise your trades will only get worse and worse.
ma jab trading karta ho tu chart ko 1 sa 4 hour tak daikhta ho or is ka ilawa ma waqfa waqfa sa different chart ko daikhta rahta ho or muha is sa pta chalta rahta ha ka kon si field ma trading karna ziyada munasib raha gi
That's pretty long time to have in front of the terminal although, I think you are with a big trading capital here since you have monitored the market for a several hours and definitely into a long trade. Although, it is also depends if we can just check the market within few minutes or the whole day for our strategy used. So for scalpers it will just minutes.Quote:
Originally Posted by lahore