Trading every day,or wait.

[silverfx]

I try to trade every day but I realize that this is no so good, so I when there is good movement in the forex market

honestly, it should not be good for trading at everyday. because we can say that our position will give us profit or we can take profits.so before open position, it should be better to trade after signals, analysis or etc.

[ishvara]

In my opinion in forex currency trading business, we should trade everyday if we have a reason to do so. Day traders and scalpers trade forex markets everyday as long as they have a good signal.

[ritesh]

yep it is not necessary that you need to trade everyday, coz some traders trade for some fixed days in a week and make good amount of money from it in a less time, atleast for those who are part time traders, students should better concentrate on their studies coz it is a real fact that money can draw ur attention away from studies and it is as real fact!

[ritesh]

but i thought that forex trade (market) is closed on saturdays and sundays then how do you trade in forex on saturdays and sundays buddy??

[viky]

you should first be strongly practised on the demo buddy and should have a normal winning strategy then you turn to a live a/c or it is just like suicide, and for-most make the use of sl buddy coz stop loss is the best way to keep our pockets safe from a big bump that rips our pockets off, next time beware of this fact and stay secure and knowledged ( completely learned )

[viky]

yes and not just tired but even tensed and always under pressure if you continuosly trade , so it is better to trade with intervals or with particular suitable time limit's

[ritesh]

yes it is well wise to keep an eye on the market daily but that does not seriously imply that you have to even trade everyday, yes if you are not that old to forex then you naturally strive to find a new strategy and so you trade daily for it to test yourself but if it comes to keeping an watch on the market then i dont think that it will be necessary to trade for that reason!

[Forexboy]

This is a good subject because I too have been trading almost everyday, but then I realize that over time the negotiation will not be more profit, I do now is trade that with when the news arrived, high-impact, and NFP is one of them with an analysis may also be veiled profit comes after.

[victorodiwe]

with all due respect to every member of this forum, in my humble opinion, i will add that you should denote the session time of some pairs and stick to it, thats what really matters in forex trade. you must not trade all the time.

[playfx]

waiting for right momentum is always on my agenda. i can wait forever just to have my one time golden moment. that's a principle for swing trader. we won't waste our sacrifice on waiting just for some pips, we want more than that.