Hello to all traders....
I am beginner trend trader trying to become a pro full time trader.
My biggest problem is when the market conditions are bad [many mondays for instance].
I tend to enter less than perfect setups [mini so called- trends] which many time cost me many losses.
I have improved my patience- staying out of the market and waiting more but still it is difficult.
My QUESTIONS:
1. What are your methods and advice to trading when markets are choppy and don't present clear and strong trends?
2. If the advice is to just wait- how many trades\days in a week do you need in order to bring home an average monthly income?
One of the reasons I have 'less patience' is my fear that I won't be able to earn enough and be a full time trader if I stay out of the market for too long.
Thank you and any bless you for any good and honest advice that you give
I am beginner trend trader trying to become a pro full time trader.
My biggest problem is when the market conditions are bad [many mondays for instance].
I tend to enter less than perfect setups [mini so called- trends] which many time cost me many losses.
I have improved my patience- staying out of the market and waiting more but still it is difficult.
My QUESTIONS:
1. What are your methods and advice to trading when markets are choppy and don't present clear and strong trends?
2. If the advice is to just wait- how many trades\days in a week do you need in order to bring home an average monthly income?
One of the reasons I have 'less patience' is my fear that I won't be able to earn enough and be a full time trader if I stay out of the market for too long.
Thank you and any bless you for any good and honest advice that you give