I spend half an hour a day if I do large time frames and a bit longer if I want to try shorter time frames.
If my personality likes to trade often should i focus on shorter tf's? 9 replies
Little and Often Makes Much 93 replies
how often do you change your system? 12 replies
To those of you who often trade exotic pairs like EUR/CAD and GBP/AUD, etc 0 replies
DislikedHi guys, Sorry if it feels like I'm threadjacking but I can't start my own threads as I just signed up. I would like to ask about currency pairs with regards to their trading sessions. These are the following assumptions: - I have a profitable trading system - I trade on a 4hr chart - I trade only the Majors For example, I would like to trade the USDJPY pair. Qn 1) Do I trade the pair only during the Tokyo or New York session? (since USD and JPY is involved) I came from a futures-trading background, so what I normally do is to trade SPX when New...Ignored
DislikedHey, I trade 1-3 times a week on average. If I am risking 2% of my account on each trade and I have a couple of successful outcomes this can increase my account size by more than 10% in a given week. Which is of course substantial.Ignored
Disliked5-8 trades in a day, depends on the daily target itself. Some scalpers might be doing more than 20 trades in a day (some of the trades used to recover some losses, if it's possible)Ignored
Disliked{quote} Agree. Daily target is a must for trader to prevent any reckless trade, some might scheduled the next day to recover some losses or aim some profit pips. Depends on the trader itself...Ignored
Disliked{quote} When people talk about "daily target", are they meaning a dollar value, certain number of pips, % of account change, ??? (I know what I do, or TRY to do, but I'm just curious about others.)Ignored