in front of PC all the time?? | Forex Factory

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in front of PC all the time??

  • #1
  • First Post: Jan 17, 2010 8:28pm Jan 17, 2010 8:28pm
Hi everyone.

Do you trade with watching your lcd all day ? I don't like that.
I like trading forex but I don't wanna be in front of LCD all the time all day long.

Do you have system or something that can get rid of this trading "technique"?
It's like you open a position and get the SL and TP done, then get out of that chair go out for some hours, and get back checking your balance is raising.

????

What do you thinkk?
  • #2
  • Jan 17, 2010 10:10pm Jan 17, 2010 10:10pm
Quoting jr888
Hi everyone.

Do you trade with watching your lcd all day ? I don't like that.
I like trading forex but I don't wanna be in front of LCD all the time all day long.

Do you have system or something that can get rid of this trading "technique"?
It's like you open a position and get the SL and TP done, then get out of that chair go out for some hours, and get back checking your balance is raising.

????

What do you thinkk?
takes me hour and 1/2 of analysis and ta and placing limit orders then i leave and go do something else and let the market decide what gets triggered.
  • #3
  • Jan 18, 2010 1:51am Jan 18, 2010 1:51am
Quoting domino
takes me hour and 1/2 of analysis and ta and placing limit orders then i leave and go do something else and let the market decide what gets triggered.
Me too, I trust myself and my actions and that's enough for me.
  • #4
  • Jan 18, 2010 9:10am Jan 18, 2010 9:10am
Quoting jr888

What do you thinkk?

Try getting hold of one of the early CRT screens. At least you will get a free sun tan while you are trading.
Gone to a better place
  • #5
  • Jan 18, 2010 9:22am Jan 18, 2010 9:22am
Quoting smikester
Try getting hold of one of the early CRT screens. At least you will get a free sun tan while you are trading.
Man I used to have 4 of those beasts running. I bet the thermal signature of my house looked like one of those indoor marijuana farms. LOL!

To the OP: Set price alerts that go to your cell phone or email, use indicators that do the same. No need to watch it if price is far from being ready.
  • #6
  • Jan 18, 2010 2:08pm Jan 18, 2010 2:08pm
I agree with everyone else. Do your few hours of study, place your orders and go distract yourself.

At the moment, I'm spending business hours studying it, but once I have consistency and a real system in place, I'll only be in front of it for an hour or two each morning before toddling off to do other things.

Trust me, sitting there biting your nails with a live account is not cool! Better to go spend time with family and forget about it.
|/ Dream as if you'll live forever... Live as if you'll die today. \|
  • #7
  • Jan 19, 2010 2:17pm Jan 19, 2010 2:17pm
Move to daily charts and watch price action 2-3 times a day.

You will end making more mistakes by getting in false trades by watching PC screen all the time.
  • #8
  • Last Post: Jan 19, 2010 10:56pm Jan 19, 2010 10:56pm
You only need to be in front of your computer for as long as your trading strategy calls for.

I'm a day trader so I'm in front of the computer for 5 hours or so per day. Most of my action comes right off the bat in the morning. I follow the volume and trade in the United States, so at around 3pm CST, I'm done.

If you are working another job and want to trade, try H4 candles...you can go to sleep and wake up and only 2 candles have past. If you can watch it every few hours, then M30 may be appropriate.

Find what's best for you until you can afford to do it full-time.
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