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[Razor1911]

Forex market remains open 24 hours and 5 days a week. So there is a possibility that we can trade every single day here. No restrictions on when we can trade.

But is it advisable to trade everyday? I have been trading since 2012. As per my experience, I don't think a trader should trade every day. Actually trading is not confined to a specific day. Trading should be done according to analysis and strategy. Sometimes you may trade only once a week, or sometimes twice a day. It completely depends upon the market situation. This is my point of view, Do you think we should trade every day?

 

[shrey1408]

Yeah mate, take advantage of all the hours the trade is open, because this way you can have more and more experience and perform better.

 

[Razor1911]

Yeah mate, take advantage of all the hours the trade is open, because this way you can have more and more experience and perform better.

But that's not a good idea. We should always try to avoid unnecessary involvement with forex market. I feel we should only trade as and when we get a good signal, otherwise should be avoided.

 

[shrey1408]

But that's not a good idea. We should always try to avoid unnecessary involvement with forex market. I feel we should only trade as and when we get a good signal, otherwise should be avoided.

But mate, nobody can predict the future, so any good signal can also prove to be wrong, better doing your own homework and trade.

 

[shrey1408]

Definitely I trade everything because I let go things for another. When we talk of trading, its not just about money making trust me, when you give out somethings without money and you recieve back like gusting, you learn alot from there trust me

Yeah mate, when you are doing something very hard, you should do it regularly to improve in it constantly, never miss it out, and you will surely succeed.

 

[shrey1408]

Well! I don't trade everyday still date, before I done trading definitely we must have analysis and had good strategy! We don't see much difference on coin race everyday!?

Yeah mate, it's better to first analyze the market and then invest our money in it, rather than feeling guilty afterwards by making some loss.

 

[shrey1408]

Definitely buddy we must aware of loss with unnecessary actions, we must have good plan and strategy! Must had good analysis before we do trading! This days market had some up and downs think wisely and go on!?

Yeah mate, markets nowadays have become very volatile and fluctuating huge percent in very less days, invest your money wisely only.

 

[BullyMaguire]

I don't.. i just do when i feel like it. I don't wanna trade when my mind is not in it because i might suffer from loss because of uninterest.

 

[a_jerobon]

I don't think that a forex trader should trade everyday. One should depend on analysis and trade when the market seems great. Also, one should prioritize taking breaks instead of being online throughout.

 

[ashim kate]

I absolutely do not trade the forex market every day. In fact I can go up to three or four days without opening a single position. This is because I usually prefer to enter a trade only when I am convinced that I have a high chance of making profit. I have been doing this and I think this is what has kept me very long in the game.

 

[Kubiat-Abasi]

No. I don't trade everyday, I actually adopt the swing method of trading to curtail some psychological distortion excesses. The best way in trading is to map out a plan which is realistic and achievable. Also, you could adopt Stop loss tool which is needed the most while trading. Another alternative is the trailing stop loss. It is the best tool I have seen for trading. It is an auto adjustable stop loss which moves according to the price movement and the value set for it by the trader. I have been trading for over four months and I adopt the restriction to save my money. As a trader, you need to understand that there are big risks in trading. Experience is of essence, but the market is not always in your favourable at all times.

 

[Chibson]

As long as there is nothing wrong in trading everyday, but it is very good that you bring out some days to rest and re-strategize. Sometimes forex trading can be emotionally overwhelming but if you can bring out some days to rest and analyse the market properly then you will definitely be on the right track. Really not everyday is favorable because there are some bad days.

 

[Chibson]

No. I don't trade everyday, I actually adopt the swing method of trading to curtail some psychological distortion excesses. The best way in trading is to map out a plan which is realistic and achievable. Also, you could adopt Stop loss tool which is needed the most while trading. Another alternative is the trailing stop loss. It is the best tool I have seen for trading. It is an auto adjustable stop loss which moves according to the price movement and the value set for it by the trader. I have been trading for over four months and I adopt the restriction to save my money. As a trader, you need to understand that there are big risks in trading. Experience is of essence, but the market is not always in your favourable at all times.

This is a very good strategy you are using. Trading whether it is forex or crypto can be emotionally overwhelming and if you do not adopt the right steps and methods you may end up losing your money not because your strategy is wrong about because your mental health is affected. Traders should always look after their health because it can affect your performance and level of profit in the market.

 

[Karaman]

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Now I am in the FTX exchange with peace of mind. My money is not lost, and the cents I pay for trading are not a feather on a camel.
I invite you to the FTX exchange. Here you go:

https://ftx.com/referrals#a=9339907

 

[kaycee001]

Yes i trade on a daily basis but with strict monitoring and following my strategy but i do it base on my mood. I most times just sit and watch the market trends for hours and do few clicks and log out. Trading is fun but very risky if one is not too careful. I am still cool with it for now.

 

[Karaman]

Yes i trade on a daily basis but with strict monitoring and following my strategy but i do it base on my mood. I most times just sit and watch the market trends for hours and do few clicks and log out. Trading is fun but very risky if one is not too careful. I am still cool with it for now.

put your order and make you daily work this is will not good. You must to care about yourselves health Brother

 

[BusyCat]

As you mentioned , markets are off during weekends , ie 2 days in a week. Experienced traders do have some strategies that help them earn daily money like 1% of total investment including the leverage provided. At the same time , it is necessary to apply stop on loss , probably 1% , which can rarely happen if that strategy is working pretty good.

 

[dorcasy]

If it is demo trading yes but when it comes to real trading, I can't take that risk because you need to to have a set strategy and your pattern of trading should match with your entry and chart pattern.
If the market does not tally with your strategy, discipline yourself to stay off the market.
People that trade everyday usually make lots of mistake because they might begin to see different patterns that looks quite similar.

 

[Ofonime]

If it is demo trading yes but when it comes to real trading, I can't take that risk because you need to to have a set strategy and your pattern of trading should match with your entry and chart pattern.
If the market does not tally with your strategy, discipline yourself to stay off the market.
People that trade everyday usually make lots of mistake because they might begin to see different patterns that looks quite similar.

Its true when trading the forex market you need to look at the strategy which you are using sometime if the market donst seems convinient to you then you have to stay far away from the market to avoid loss and margine calls

 

[dorcasy]

Its true when trading the forex market you need to look at the strategy which you are using sometime if the market donst seems convinient to you then you have to stay far away from the market to avoid loss and margine calls

If you trade everyday, aside seeing false signals you might be tempted to take a trade even when it's not deserving.
Also,you might develop mental stress and this can be deteriorating to ones health and can cause weakness.
Most of the successful traders trade once it twice a week.