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Time Management
Biedrs kopš
870 ieraksti
May 26, 2018 at 10:43
Biedrs kopš
870 ieraksti
time management is really important to make sure a secure and comfortable trading life with certainly, we the traders should choose our time according to our trading understanding , as a newcomer due to lack of fundamental knowledge i always avoid news trading , even though it is very much profitable sometimes.
Biedrs kopš
394 ieraksti
Jul 12, 2018 at 14:37
Biedrs kopš
394 ieraksti
That's wise enough, good that you are aware of it. What are the factors you consider most when you are trading ? Did you already set your strategy ?
Accept the loss as experience
Biedrs kopš
10 ieraksti
Jul 13, 2018 at 07:35
Biedrs kopš
10 ieraksti
News trading is a specialist art. But it can be difficult to know which ones to avoid there seems to be news all day every day
Biedrs kopš
12 ieraksti
Jul 13, 2018 at 09:36
Biedrs kopš
12 ieraksti
Just keep out of the big ones like NFP and interest rates
Biedrs kopš
394 ieraksti
Jul 19, 2018 at 14:51
Biedrs kopš
394 ieraksti
Straycat posted:
Just keep out of the big ones like NFP and interest rates
Right. You got the point
Accept the loss as experience
Biedrs kopš
11 ieraksti
Jul 20, 2018 at 06:32
Biedrs kopš
11 ieraksti
What about GDP? Sometimes that has big movements but othertimes nothing
Biedrs kopš
10 ieraksti
Jul 24, 2018 at 12:03
Biedrs kopš
10 ieraksti
There can be many different GDP announcements for the same currency e.g. estimated, adjusted, confirmed etc. The movement with GDP (and other news) mainly depends on whether the actual value is significantly different to the expected value
Biedrs kopš
5 ieraksti
Aug 16, 2018 at 14:08
Biedrs kopš
5 ieraksti
Downtobusines posted:
News trading is a specialist art. But it can be difficult to know which ones to avoid there seems to be news all day every day
I agree with you it is difficult to know that which news should be avoided as it happens sometimes that an important news release also don't have significant impact on a specific currency pairs.
Biedrs kopš
18 ieraksti
Aug 17, 2018 at 07:41
Biedrs kopš
18 ieraksti
If you are trading the news then just need to wait and check all news. Wait for one that has a bit jump in price and then hop-on the move
Biedrs kopš
9 ieraksti
Sep 02, 2018 at 06:44
Biedrs kopš
9 ieraksti
There are so many news events. It is impossible to check all news and all pairs
Biedrs kopš
32 ieraksti
Jul 18, 2019 at 07:11
Biedrs kopš
32 ieraksti
Managing time for new traders can be challenging . So , one can follow the following tips to manage time effectively.
Prioritize your tasks. Do the most important task first. Take time in studying market news, trends and price movements and then
start trading.Take time off .
Do not sit in front of the trading platform continuously . Take a break and focus on productivity.
Avoid distractions in between such as social media , tv etc.
Formulate a plan for every time you trade.
Biedrs kopš
37 ieraksti
Jul 22, 2019 at 05:35
Biedrs kopš
37 ieraksti
Managing time is an essential element of successful trading. It is, however, not easy to be in time with respect to various trading activities. To manage your time well, the first thing you need to do is set some goals, that too, to be achieved in a certain period of time. Doing this will help you in managing your time in a better way. Then, learn to prioritize your activities, that is, do the most important tasks first and then the less important ones later. Also, try to have breaks during trading as that will help you to have greater productivity. To be completely into trading, without losing any precious time, try not to be distracted by any disruptions that come your way.
Biedrs kopš
25 ieraksti
Aug 01, 2019 at 07:45
Biedrs kopš
25 ieraksti
Time Management is necessary if one wants to be successful in trading and for that use Forex signals because then you can easily manage your trade timing .Scan the news to understand the relevance. Also small things like to prioritize,sound plan,money management plan should be considered.
Biedrs kopš
10 ieraksti
Aug 01, 2019 at 09:46
Biedrs kopš
10 ieraksti
Time management is part of the discipline that new traders need. Discipline to use risk management, continue to learn, focus on their trading and not over trade. It is tough but a good trading plan can help
Biedrs kopš
123 ieraksti
Aug 03, 2019 at 04:03
Biedrs kopš
123 ieraksti
Indeed, when you are a stakeholder of any financial market, then it is your duty to keep your trading strategies updated and you can make sure that your entry and exits from the market is appropriate as per your trading needs. Time management is really significant when it is the matter of enjoying a secured and contended trading life as with the timely and fastest trade executions any trader can remain ahead of other traders prevailing in the market.
Biedrs kopš
49 ieraksti
Sep 04, 2019 at 06:05
Biedrs kopš
49 ieraksti
Time management is required in order to become a successful trader. Just have a sound trading plan and review it timely.
Biedrs kopš
43 ieraksti
Oct 29, 2019 at 11:32
Biedrs kopš
43 ieraksti
TitusD posted:
Time management is part of the discipline that new traders need. Discipline to use risk management, continue to learn, focus on their trading and not over trade. It is tough but a good trading plan can help
True. As a newbie it was tough but going strong with proper risk and money management.
Biedrs kopš
700 ieraksti
Oct 30, 2019 at 07:45
Biedrs kopš
700 ieraksti
jaredtaylor posted:
Time management is required in order to become a successful trader. Just have a sound trading plan and review it timely.
Really it takes such a long time to learn Forex; spending quality time is the key! You may notice, all of the pro traders are trading with a long term trading experience!
Biedrs kopš
283 ieraksti
Nov 11, 2020 at 19:32
Biedrs kopš
283 ieraksti
If you want to make money from the forex market, you need to make a good plan. Without a good plan, you can not survive in this risky market.
Biedrs kopš
121 ieraksti
Nov 12, 2020 at 17:07
Biedrs kopš
121 ieraksti
Time is really important, both in terms of how you manage your own time and what time you trade the markets. It can be difficult to learn but it becomes second nature after a while.

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