Trading every day,or wait.

[forexman]

i think depending on market situations you should trade daily or wait?and it is not easy to decide one for to trade daily or wait?it all depends on the trader but i will tarde when conditions are favour

[shinde]

that's true, so it better to be a full time trader so we can look at the market and find the opportunity. as a employee i prefer use robot to help me trading.

[shinde]

It is not about the time when to trade and when to not.A trader can also trade 2 - 3 times in a day as it depends on trading style of a trader but the bottom line is that a trader must trade whenever he finds that there is right opportunity to trade otherwise he must wait for it.

[shinde]

ep 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!

[shinde]

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??

[nirale]

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

[nirale]

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 )

[shinde]

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!

[dmambi]

Whether we open an order or not daily, it is always better to watch the market for the variations. This way we will keep in touch with the market conditions and will help a lot during the analysis. And order should be placed on market only depending on the entry signal generated by our trading system.

[cumil]

Yeh it is worth to spend time on watching the market so that we get good understanding about the trend and also it surely help us determine the range the pair/instrument is trading in and predict the future move.

there are some simple things that might be applied to determine market entry so you can find out whether you will be trading every day or wait, this maybe also be prevented from the greed of the market.

first of all:
must always be faithful to our trading system, because it teaches us to always discipline in the trade and do not notice for long graph or chart because this will cause to want to always position the new entry, so our patience will be lost, which should be understood that not forever the price movement always gives us a profit.

the second:
have specific targets in the daily or weekly trading etc.. so you can conclude when you are done in one day for trading
when it is reached, close our platform and look for that makes us able to enjoy and be happy and pleased. so that the mind can come back fresh for the next trade.