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[Razor1911]

Forex business is something which needs to be done by with full concentration. The analysis we make is the basis of all profit or loss that we will incur while trading. That is why an ideal, separated and isolated place is required for trading.

An ideal environment for trading would be a place where there is no disturbance. A trader should be able to concentrate on market and trade with proper dedication.

 

[Niftyicon]

I agree with you. A space with little to no distractions is ideal, it could be a space within the home or out of the house if you cannot achieve the environment you need in your home.

 

[Razor1911]

I agree with you. A space with little to no distractions is ideal, it could be a space within the home or out of the house if you cannot achieve the environment you need in your home.

especially when you are analysing the market, it is very important that there is no external disturbance. You don't have to analyse all the day, but whenever you analyse you should be fully concentrated.

 

[Razor1911]

I believe this is why most trader tend to want to trade only at nights as it is actually the best time with little no distractions to go around. And the internet is usually very free by that time and faster because there is a reduce in traffic. Because like you said trading requires studying, before taking a trade one needs to totally study the market

I have also so met with such traders, who trades at night because at that time there is very less distractions. but you can trade in day also because at that time the volatility remains high.

 

[Razor1911]

Very true, you can also trade very well during the day as there is no actual specific time one should trade, it on depends on which is most suitable for you or the time that benefits you in one way or another

actually in my opinion I like volatility in the market, so I trade in the morning time when New York stock exchange is open. That is the optimum time to enter into the market according to me.

 

[btaliat]

There is no ideal time to trade, you only need ideal place which is where there won't be no distraction. And I discover most traders don't do weekends trade because of low trading volume.

 

[Brain]

The need for an ideal environment for trading can't be overemphasized because it is here that you can have that focusd you need to determine your profit or loss. All the analysis you would need to make with your trade will need you to be in a quite environment devoid of distractions. It mustn't be your home you can get to a quiet place and do the work well before processing.

 

[microunit]

The ideal environment for trading can really depend on person to person, as some person really prefer to be in a comfortable spot and quiet place, while there are others who can do as well even in a noisy environment. As also different people have different level of focus , some people have long attention span while some only have short so some prefer to only trade for a short time while other can do it for a long time

 

[Brain]

The ideal environment for trading can really depend on person to person, as some person really prefer to be in a comfortable spot and quiet place, while there are others who can do as well even in a noisy environment. As also different people have different level of focus , some people have long attention span while some only have short so some prefer to only trade for a short time while other can do it for a long time

Yeah I believe it an individual thing you go for an environment that works better for you that can give you the needed focus. But since a lot of people will prefer a quiet environment I think that is why such environment is always focus on. But which ever way just go for an environment that will help you

 

[BALABALA111]

Trading requires a lot of concentration calm and peaceful environment so I think choosing an environment while trading is important to avoid distractions I'm being carried away as a primary assignment you can have your personal room probably lock your door or in an area where there is less noise and population and concentrate on your business

 

[Trizzy12]

An ideal environment for trading must have a very good internet coverage and also u should trade around expect or fellow trading partners so u can be put through and also fellow due processes dat will really help out

 

[Brain]

Trading requires a lot of concentration calm and peaceful environment so I think choosing an environment while trading is important to avoid distractions I'm being carried away as a primary assignment you can have your personal room probably lock your door or in an area where there is less noise and population and concentrate on your business

Trading is a serious business as such it should be treated as such, because ones hard earned money will be used for it so you need to do all that it will take you to get your profit. You don't just want to invest but to arrive at your goal which is to make money so you need a good environment that will help you focus and concentrate to help you achieve a positive result at the end of the day.

 

[a_jerobon]

I totally agree with what you have said here. Indeed forex trading requires pure concentration. That is why one should choose a place where there is silence and nothing that interrupts your attention. It should also be a place where you are comfortable and able to work without feeling like you are bothered physically. That is why most forex traders usually their offices or specific table where they sit and work.

 

[Dav1d]

When it comes to trading, one can easily be distracted if you are not in the right environment. One thing we all should also understand is that when it comes to trading, the environment is not just the only thing that matters, our mindset and how we are emotionally also matters. You might be in the right environment but not in the right frame of mind, in the end you might end up making lots of mistakes.

 

[ashim kate]

There are a lot of things that you will have to get right before you can comfortably be able to go into a trade. This kind of things will guarantee that you should have a quiet and focused environment before you can be able to get it right. That is why I advise a home office preferably somewhere in your sitting room for forex.

 

[Kubiat-Abasi]

Trading either cryptocurrency or Forex demands absolute concentration. I think the ideal environment where one can trade with ease is a calm environment, an environment that had stable electricity supply and one that is prone to security threats and panic disorder. If all these are available, I presume the trader can maximize full leverage in trading effectively.

 

[Kubiat-Abasi]

I totally agree with what you have said here. Indeed forex trading requires pure concentration. That is why one should choose a place where there is silence and nothing that interrupts your attention. It should also be a place where you are comfortable and able to work without feeling like you are bothered physically. That is why most forex traders usually their offices or specific table where they sit and work.

Exactly Forex trading demands high concentration. The environment should be calm and calculated and free from security challenges, there should be supply of electricity power. Also, apart from the environment, the traders level or degree of mindset matters alot. The trader shouldn't use his emotions in trading to avoid incurring losses.

 

[kaycee001]

Forex trading should be done in an environment that is cool without any form of distraction from anywhere. Apart from the the traders state of mind also help to analyse the market and get good wins anytime one trades, so the trader should at least have a clear state of mind and should not trade when tired or stressed because he may not have the patience for perfect conditions before trading,

 

[Skysaint]

Am not yet a forex trader but I have started trading in cryptocurrency and what I can say is that whenever I mean business, I can trade from wherever I find myself in. When am analysing the market and trying to figure out what coins will favour me, I would like to be alone and concentrated.
But in a situation when I logged in through my mobile phone and detect that an immediate action is needed, then I will just go ahead with it at that very point in time.

 

[Kennysplash]

Of course, it's not ideal to trade while on transit or when you are in a rush. You have to get the decision correctly, so no rushing. Make sure you have nothing bothering you and you are calm. Being tensed up can lead to making wrong decisions many times. So have your own trading space is the best way to go.