FXOday posted:
If always in front of the screen and monitoring the market, usually will be tempted by price movement, it can lead to change early plan to trade because of anxiety, but I think will depend on each trader psychology, if has strong psychology although always in front of the screen but keep discipline with trading rules.
Time management is very important.
you need to distribute your time correctly, only then will there be a sense
Oct 26 2021 at 19:04
Unellene posted:
you need to distribute your time correctly, only then will there be a sense
Yes. I agree with you.
Well, I believe that you can look at the situations on the market during your trading day, however don't take it too close to your heart actually. Everything that happens with market doesn't mean that it can affect the asset which you trade. Hence, you shouldn't bother about it. The main here is not to look at the charts and graphics all day in order to hope that everything will be good. It's just a waste of time and your nerves. Traders must stay positive despite any kinds of issues which they can face. Positive mood is the main thing for a trader in ase he/she wants to become successful in this sphere. Otherwise, you will just lose everything you have I guess.
Buy shares with good companies by investing. There is nothing to worry about here. If the shares are good, the value will increase and profit will be made. Traders will never be able to make a profit by creating emotions in the market. Therefore, research must be done before doing the analysis. There is no benefit in thinking after analysis.
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