What you do while trading?
Originally posted by leebutI tend to chat with other traders online and input some stuff on here.
Unfortunately, I have a day job, so I guess I spend most of my time working while my trades are working or dying.
When I'm actively trading, I mean actrually checking the charts and placing orders, that's all I do. I don't want to be distracted at that time.
your trading software allows you to chat? Or just on the browser?
If you have set the TP's and SL's for your trade, you don't have to keep on watching your trades.
I am a hosted slave beta.
Originally posted by megrawabyour trading software allows you to chat? Or just on the browser?
If you have set the TP's and SL's for your trade, you don't have to keep on watching your trades.
some platform have feature to chat, just like Streamster or etoro platform, but personally I prefer MT4....MT4 doesnt have chat feature but have many good feature than others.
Sometime we need to watch our order, eventhouugh it already have TP-SL......coz sometime price just turning back.
Originally posted by widhie75
Originally posted by megrawab
your trading software allows you to chat? Or just on the browser?
If you have set the TP's and SL's for your trade, you don't have to keep on watching your trades.
some platform have feature to chat, just like Streamster or etoro platform, but personally I prefer MT4....MT4 doesnt have chat feature but have many good feature than others.
Sometime we need to watch our order, eventhouugh it already have TP-SL......coz sometime price just turning back.
yeah there is chat in Marketiva's streamster. I haven't tried etoro. I like streamster and easy to use too but it doen't have M1 time frame.
I am a hosted slave beta.
M1 is too random, I guess,,,,,AFAIK not many people trade in M1,,,,,M5 better.
so I guess while we trade, we should wait M5 to form the momment,,,and then ready to trade.
i watch the chart to see if there is more trading opportunity or exit
Jesus is Lord
If you have set the TP's and SL's for your trade, you don't have to keep on watching your trades.
Logically u r right that once we set TP and SL, why we need to look at it continuously. I normally listen to light music while trading. I constantly keep an eye over my chart movements. I usually set TP and SL but there are reasons of watching it continuously. First is that maybe I enter into another trade if I get a signal of entry. Second thing is that I use trailing SL. So even if I do not enter into a trade, trailing SL usage requires you to keep an eye on ur trade.
I play scrabble
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Originally posted by honeric01I play scrabble
scrabble is good to relax and also can sharpen our mind (if we dont cheat on scrabble),
its really usefull to train our brain, especially for sharpen logical thinking which is important to trade forex and ability read price action.
Originally posted by widhie75M1 is too random, I guess,,,,,AFAIK not many people trade in M1,,,,,M5 better.
so I guess while we trade, we should wait M5 to form the momment,,,and then ready to trade.
yeah that's true. But I am used to watching how the trade goes and the movement of charts of a pair. I'm looking how it swings.
I am a hosted slave beta.
are you also tuning indicator setting before trade while waiting & watching?......about swing pattern, do you also have some trading technique, based on how price swing?