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What's the most important activity in your trading business?

  • #41
  • Nov 4, 2015 4:16am Nov 4, 2015 4:16am
Quoting numbnuts
{quote} My weekend analysis and preparation for the coming week .... analyzing each currency and deciding whether to buy, sell or avoid it for the week .... probably 90 - 95% of my 'trading time' is spent on this .... during the week I only trade for 5 - 10 minutes per day. {quote} No, because I do it when the markets are closed. Nothing is moving, there is no stress or pressure and I have all weekend to do it, I can take my time and do it whenever it suits. {quote} Not much, I just read a couple of blogs/articles and look at some charts of economic...
can u share the blogs? i assume one is jarrattdavis?
  • #42
  • Nov 4, 2015 4:32am Nov 4, 2015 4:32am
Quoting vladutz112
{quote} can u share the blogs? i assume one is jarrattdavis?
yeah, Jarratt Davis and the 'Piponomics' blog at Babypips are the only ones I always make sure to read .... if anyone thinks they know of a better one for fundamentals I'm all ears ...

http://www.jarrattdavis.com/blog/
http://www.babypips.com/blogs/piponomics
si hoc legere scis nimium eruditionis habes
  • #43
  • Nov 4, 2015 5:09am Nov 4, 2015 5:09am
1) What's the most important activity in your trading business?

To be always plugged in. Always stay up to date with the latest developments: information, news, and order flow. I spend the majority of my time doing this and I will not trade if I don't understand what's going on.

2) Do you have any pain associated with that activity and why?

No, I love doing this. It keeps me on my toes to any unexpected changes that may influence my bias in the market. It makes me money consistently. It feels real good to be making pips day in day out. There is such abundance in the markets waiting for us to come out of it everyday with wheelbarrows full of pips.

3) What tools are associated with your most important activity and what about them do you wish were better?

News sites, real time audio, analyst reports, anything that will keep me up to date.
I used to dream about the life I'm living now
  • #44
  • Nov 4, 2015 6:00am Nov 4, 2015 6:00am
1) What's the most important activity in your trading business?

Sitting down. And letting winning positions win more without interference.

2) Do you have any pain associated with that activity and why? (ie pain in the ass)

Happy to say that I experience no such pain.

3) What tools are associated with your most important activity and what about them do you wish were better?

A comfortable chair and a place like Forex Factory to browse and post comments when bored.
  • #45
  • Nov 4, 2015 6:45am Nov 4, 2015 6:45am
1. Determining the direction, the length of the candle, the correct size of the lot, news analysis
2. Most annoying waiting
Looking for partners
  • #46
  • Nov 4, 2015 7:38am Nov 4, 2015 7:38am
Quoting JR97
1) What's the most important activity in your trading business?
Praying and Hoping.

Quoting JR97
2) Do you have any pain associated with that activity and why? (ie pain in the ass, emotional/mental pain, time consuming, etc.)
It is too emotional and complicated to explain

Quoting JR97
3) What tools are associated with your most important activity ?
Candles
As Above, So Below
  • #47
  • Last Post: Nov 4, 2015 11:18am Nov 4, 2015 11:18am
Quoting tashkent
{quote} Praying and Hoping. {quote} It is too emotional and complicated to explain {quote} Candles
What about some Tibetan singing bowls? Incense? Do you sage?
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