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Trading time is very important
Oct 16, 2020 at 12:55
Member Since Jul 19, 2020
749 posts
Trading time is very important. Though the market remains open for 24 hours, all the time it doesn't behave the same. Sometimes it remains calm and sometimes it becomes volatile like in New York session. Your strategy will tell you which time best for you. For me I trade mostly in New York session.
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Oct 21, 2020 at 14:58
Member Since Aug 17, 2020
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When you trade is definitely very important, besides the different sessions it is worth knowing when news are released, when fixings are, etc. Also you should pay attention on Fridays not to forget about positions you don't want to hold over the weekend.
Nov 03, 2020 at 01:01
Member Since Jul 19, 2020
742 posts
The movement of the Forex market is not always the same. And trading is not possible without flexibility in a changing market. The price should be flexible with the market as it is sometimes volatile and sometimes impulsive. I usually think the new work session is the perfect time to trade.
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Nov 05, 2020 at 06:57
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ddarko3 posted:
Quite considerable that the timing plays an important factor in trading which can determine the change of the tide in trading, so plan accordingly to your strategy
I agree, understanding when to enter and exit a position is super important.
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Nov 28, 2020 at 13:04
Member Since Jul 23, 2020
696 posts
ddarko3 posted:
Quite considerable that the timing plays an important factor in trading which can determine the change of the tide in trading, so plan accordingly to your strategy
I think that’s true in every sector in our life. Trading is on different.
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Nov 29, 2020 at 07:42
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816 posts
ddarko3 posted:
Quite considerable that the timing plays an important factor in trading which can determine the change of the tide in trading, so plan accordingly to your strategy
That’s right. Timing is important as you seek perfection in trading. That’s why disciple and patience are essential factor in this case.
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Aug 05, 2021 at 11:25
Member Since Jul 19, 2020
742 posts
SteveHanks posted:AliaDare posted:
Trading is a matter of patience. If you can't enter and exit the trade at the right time, then it is very difficult to make a trading profit.
I agree with you.
The rules of trading are that from impatient traders to patient traders will make money.
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