Do we need to trade everyday?

[chuna1985]

At nehmer :I am saying that a newbie can trade everyday because they need experience in forex trading. Their trading skill will improve from time to time as they continue trading.

[nehmer]

At nehmer :I am saying that a newbie can trade everyday because they need experience in forex trading. Their trading skill will improve from time to time as they continue trading.

ahh ok its better for them to do that way but im not saying that they should have to practice and stuff themselves in trading forex i know how boring and thriling it could get when you are winning or loosing in trading.

[JoeltonsInv]

At nehmer :I am saying that a newbie can trade everyday because they need experience in forex trading. Their trading skill will improve from time to time as they continue trading.

The best way to learn, is to learn from the experience of others! As far as live trade is concerned, newbies should not be encouraged to experiment with it. That is why the demo account is there and they can use it day after day to learn. Live account involves hard earned money and emphasis should not be to trade every day but to trade only when the plan they are using gives a strong signal.

[andry777]

From my experiences, everyday there will be chances to gain profits and it will need our good analysis and good timing to open and close position. So it's important to trade everyday but we shouldn't enforce condition if the timing is not right or we are late to open position. There will be another chances to get profits if we are late so we must be wise to take action.

[nehmer]

From my experiences, everyday there will be chances to gain profits and it will need our good analysis and good timing to open and close position. So it's important to trade everyday but we shouldn't enforce condition if the timing is not right or we are late to open position. There will be another chances to get profits if we are late so we must be wise to take action.

Thats correct timing is the key in all trades here without proper timing all your trades would be on the wrong entry and you would loose all the time no matter how hard you try it is important to make a step and practice it do patience always and not trade when it is not necessary.

[andry777]

Thats correct timing is the key in all trades here without proper timing all your trades would be on the wrong entry and you would loose all the time no matter how hard you try it is important to make a step and practice it do patience always and not trade when it is not necessary.

Good analysis will contain good timing too to open and close position. It is not big deal to trade everyday or not but we must open and close position with good timing. But it will be better if we can trade everyday in forex market.

[nehmer]

Good analysis will contain good timing too to open and close position. It is not big deal to trade everyday or not but we must open and close position with good timing. But it will be better if we can trade everyday in forex market.

if we know how to enter the trade we should know how to exit this trades I think we are old enough already and we should be responsible on our losses . Trading everyday makes me good in forex before I am very slow in making my opening trades now i am fast on executing and calculating all those sl and tp putting also the pending orders is an easy task.

[andry777]

if we know how to enter the trade we should know how to exit this trades I think we are old enough already and we should be responsible on our losses . Trading everyday makes me good in forex before I am very slow in making my opening trades now i am fast on executing and calculating all those sl and tp putting also the pending orders is an easy task.

Yes, that's right but in many conditions traders couldn't be satisfy with their target and the result, they didn't close position in the best time so the profits is not as high as their target profits. Because of that, it is important to set Target Profit to prevent our greediness.

[Hoang Long]

From my experiences, everyday there will be chances to gain profits and it will need our good analysis and good timing to open and close position. So it's important to trade everyday but we shouldn't enforce condition if the timing is not right or we are late to open position. There will be another chances to get profits if we are late so we must be wise to take action.

Yeah, thank to 24h opening market there have many chance to make profit but it's not like we can catch all the move of the market and able to make profit with it, trading forex is not that easy so I think no need to spend all day to seek for such chance. Just need to enter at right time.

[chuna1985]

To trade everyday is the equivalent of taking risks everyday. I have come to notice that it is good to only target excellent market conditions and open trades when we have a real chance of winning.

[andry777]

Yeah, thank to 24h opening market there have many chance to make profit but it's not like we can catch all the move of the market and able to make profit with it, trading forex is not that easy so I think no need to spend all day to seek for such chance. Just need to enter at right time.

Yes, we must open and close position in the right time and it will be nice if we can find out the right time to open and close position everyday. But it's not easy thing to do because condition of market will be different everyday so it's important to keep on looking on market condition and analyze it before we made decision to open and close position.

[nahiyar]

Trading every day also depends upon the market recent situation.These days, the market is so much volatile due to crisis in Europe.The trend and movement of market is uncertain.We should be so much careful with our trading strategy, and should open positions only, when we are sure that market will not retrace so much..

[andry777]

Trading every day also depends upon the market recent situation.These days, the market is so much volatile due to crisis in Europe.The trend and movement of market is uncertain.We should be so much careful with our trading strategy, and should open positions only, when we are sure that market will not retrace so much..

We must be more careful, maybe we can use lower lot size but it's better if we can make analysis during unstable condition and we are ready to trade in condition which is a little bit afraid to be predicted of. Because if we can stand in that position so our psychology is tough enough and that is good for traders because condition in forex market is oftenly unstable and unpredictable.

[Hoang Long]

Yes, we must open and close position in the right time and it will be nice if we can find out the right time to open and close position everyday. But it's not easy thing to do because condition of market will be different everyday so it's important to keep on looking on market condition and analyze it before we made decision to open and close position.

Because the condition of market is change everyday that's why we must analysis the market daily in other to find out what we could do and it make Forex always excited because it never stay the same. It's hard to control right time of open and close position but I think as long as we are in profit it's good enough.

[chuna1985]

@ nahiyar : The trend is even easy now that the euro region is running many losses in their economy. EURO currency is losing on all major pairs, we just have to be patient and enter trades to ride in profits.

[nahiyar]

@ nahiyar : The trend is even easy now that the euro region is running many losses in their economy. EURO currency is losing on all major pairs, we just have to be patient and enter trades to ride in profits.

You are right that Euro is getting weaker against all major rivals due to the Greece problem.However, this is Forex market.Any thing can happen any time.If the ECB or European countries leader make any decision to save Greece from default, so Euro will again get better again rivals.Even, the Europe is still in crisis, but EU today closed around 100 pips and EJ around 0 pips up as compared to previous day.

[chuna1985]

If we are sincere with ourselves, we will be ale to make sure that we are trading with more success through trading only when we have the time and chance and right psychology to trade. No need to trade when we have doubts about our trading ability or decisions.

[nahiyar]

If we want to make some big profits, so we should trade every day now these days.Due to crisis in Europe, the market is so much volatile, and there are more and more chances available to make profits in every minute in each Euro and USD related pair.Not only profit, but it also learns us that how did the market react in the certain crisis and news announcement relating to removing of crisis,,

[andry777]

Because the condition of market is change everyday that's why we must analysis the market daily in other to find out what we could do and it make Forex always excited because it never stay the same. It's hard to control right time of open and close position but I think as long as we are in profit it's good enough.

Yes, trading everyday or not that will depend on condition in the market with our analysis. If we trusted to our own analysis so we can try to open and close position but if we are not so sure about that, then we didn't need to push ourselves to trade in certain condition. Although for some other traders, it is good time for trading. Each trader has his/her own right time to open and close position.

[chuna1985]

@ andry777 : The simpler scenario is that we can depend on analysis to open trades. No matter what is happening in the forex trading markets, we must be sure that we open trades daily based on our ow analysis.