How many times do you trade a week?
Сообщения: 35
Зарегистрирован: 16/03/2011
Forex Market Hours: How many times do you trade a week?
Forex Market Hours: How many times do you trade a week?
This is a question that is largely asked.
Ezekiel. How many times do you trade a week? or How many times should i trade a week?
Whats your answer?
(Forex Market Hours)
My answer to them is pretty much the same -
0 to 10 times a week.
There is no definite figure and there never will be.
As mentioned before, we enter trades when a setup occur with price action confirmation.
Therefore, if there is NO setups = There is NO entry.
It can absolutely happen when there is NO setup for the entire week.
Which accounts for the 0 times a week. (But it rarely happens)
And there may be weeks when there are alot of setups (may be even more than 10)
But on average. Its between 0 to 10 times a week.
Forex Market Hours: How many times do you trade a week?
Forex Market Hours
Some of you guys may think.
That’s very little.
Yes its very little.
Would you rather have more trades with more losses OR
Would you rather have less trades with more wins?
Think about it.
The reason why we take so little trades is because we filter away alot of the low probability winning trades.
‘Most traders find reasons to enter, professional traders find reasons NOT to enter’ – Ezekiel Chew
Therefore, every trade we take. Must have a high probability of winning.
Which will eventually lead to a good growth in your account.
Forex Market Hours: How many times do you trade a week?
Forex Market Hours
Therefore, if you are trading way over than 10 trades a week.
Look at the success rates you are getting.
If you are getting a high success rate on all the trades. That’s good.
But if you are not getting a high success rate. You need to think twice about your forex trading strategy.
Are you trading the right way?
Will your trading style lead you to a consistent growth at the end of the day?
Remember – Forex trading is NOT all about taking trades.
It requires you to think about and to have a proper forex trading system, a plan.
This is a business. This is not gambling.
If you are taking trades based on gut feel. – You are a gambler.
I would recommend you to stop trading altogether. Either stop forex trading, or spend some time to learn how to trade forex the right way.
Check out our online forex trading AFM winning Forex Price Action Forex Course where i teach you the exact FULL Forex Trading Strategies | system that i personally use to be consistently profitable. (Forex Market Hours)
See you on the other side my friend,
Asia Forex Mentor
Ezekiel Chew
Asia #1 Forex Mentor
A complete professional forex trading system that even newbies can apply instantly. Asia Forex Mentor's forex course is now FREE!
Сообщения: 734
Зарегистрирован: 22/04/2011
I think that more appropriate question is "how many hours do u trade in a week?".
I dont know if "how many times = how many sittings (sessions)" or something else. Maybe it is number of trades as u have written. If its number of trades then more than 10 is not "excessive trading". I am with the idea "Less trading, more wins".
Actually the rule in my mind is that trade whenever we see an entry. It doesnt matter if we r entering 50 trades a week or 5 trades.
The good or ill of a man lies within his own will. – Epictetus
Сообщения: 162
Зарегистрирован: 22/06/2010
I think actually the question should be: "Are you always justifiying your entries"? Then there can be weeks of 10,100 or only 1 trade! :)
Cheers
David
Сообщения: 2
Зарегистрирован: 06/10/2011
I just do it as I need to do it, I dont know exactly how many times, but I do day trading so it must be 6 times a week
Сообщения: 836
Зарегистрирован: 16/05/2011
I only practice demo and I do it often. Normally I do 5 days a week. On average I trade around 2 hours per day.
Сообщения: 45
Зарегистрирован: 11/08/2011
I trade everyday .EAch day about 5 hours :D
Сообщения: 685
Зарегистрирован: 06/06/2011
Сообщения: 939
Зарегистрирован: 21/04/2011
I normally trade around 3 hours per day. I do not trade regularly and miss some days. I plan to trade full time. I am trying to manage my time so thatI can continue my job as well my trading.
Stick to your rules
Сообщения: 29
Зарегистрирован: 16/08/2011
Originally posted by asiaforexmentorForex Market Hours: How many times do you trade a week?
Forex Market Hours: How many times do you trade a week?
This is a question that is largely asked.
Ezekiel. How many times do you trade a week? or How many times should i trade a week?
Whats your answer?
(Forex Market Hours)
My answer to them is pretty much the same -
0 to 10 times a week.There is no definite figure and there never will be.
As mentioned before, we enter trades when a setup occur with price action confirmation.
Therefore, if there is NO setups = There is NO entry.
It can absolutely happen when there is NO setup for the entire week.
Which accounts for the 0 times a week. (But it rarely happens)
And there may be weeks when there are alot of setups (may be even more than 10)
But on average. Its between 0 to 10 times a week.
Forex Market Hours: How many times do you trade a week?
Forex Market Hours
Some of you guys may think.
That’s very little.
Yes its very little.
Would you rather have more trades with more losses OR
Would you rather have less trades with more wins?
Think about it.
The reason why we take so little trades is because we filter away alot of the low probability winning trades.
‘Most traders find reasons to enter, professional traders find reasons NOT to enter’ – Ezekiel Chew
Therefore, every trade we take. Must have a high probability of winning.
Which will eventually lead to a good growth in your account.
Forex Market Hours: How many times do you trade a week?
Forex Market Hours
Therefore, if you are trading way over than 10 trades a week.
Look at the success rates you are getting.
If you are getting a high success rate on all the trades. That’s good.
But if you are not getting a high success rate. You need to think twice about your forex trading strategy.
Are you trading the right way?
Will your trading style lead you to a consistent growth at the end of the day?
Remember – Forex trading is NOT all about taking trades.
It requires you to think about and to have a proper forex trading system, a plan.
This is a business. This is not gambling.
If you are taking trades based on gut feel. – You are a gambler.
I would recommend you to stop trading altogether. Either stop forex trading, or spend some time to learn how to trade forex the right way.
Check out our online forex trading AFM winning Forex Price Action Forex Course where i teach you the exact FULL Forex Trading Strategies | system that i personally use to be consistently profitable. (Forex Market Hours)
See you on the other side my friend,
Asia Forex Mentor
Ezekiel Chew
Asia #1 Forex Mentor
i trade every day for 20 times or more and that needs some hours to do that, my target is only a little profit per target but i believe with this strategy i can safe and get profit with consistent
Сообщения: 685
Зарегистрирован: 06/06/2011
i trade every day for 20 times or more and that needs some hours to do that, my target is only a little profit per target but i believe with this strategy i can safe and get profit with consistent
Do u trade manually? and which strategy do u use? 20 times a day means at least 20 trades per day. So it looks like u r using scalping or daytrading strategy. But most probably scalping coz u said that u try to achieve a little pips per trade.
Сообщения: 29
Зарегистрирован: 16/08/2011
Originally posted by asiaforexmentorForex Market Hours: How many times do you trade a week?
Forex Market Hours: How many times do you trade a week?
This is a question that is largely asked.
Ezekiel. How many times do you trade a week? or How many times should i trade a week?
Whats your answer?
(Forex Market Hours)
My answer to them is pretty much the same -
0 to 10 times a week.There is no definite figure and there never will be.
As mentioned before, we enter trades when a setup occur with price action confirmation.
Therefore, if there is NO setups = There is NO entry.
It can absolutely happen when there is NO setup for the entire week.
Which accounts for the 0 times a week. (But it rarely happens)
And there may be weeks when there are alot of setups (may be even more than 10)
But on average. Its between 0 to 10 times a week.
Forex Market Hours: How many times do you trade a week?
Forex Market Hours
Some of you guys may think.
That’s very little.
Yes its very little.
Would you rather have more trades with more losses OR
Would you rather have less trades with more wins?
Think about it.
The reason why we take so little trades is because we filter away alot of the low probability winning trades.
‘Most traders find reasons to enter, professional traders find reasons NOT to enter’ – Ezekiel Chew
Therefore, every trade we take. Must have a high probability of winning.
Which will eventually lead to a good growth in your account.
Forex Market Hours: How many times do you trade a week?
Forex Market Hours
Therefore, if you are trading way over than 10 trades a week.
Look at the success rates you are getting.
If you are getting a high success rate on all the trades. That’s good.
But if you are not getting a high success rate. You need to think twice about your forex trading strategy.
Are you trading the right way?
Will your trading style lead you to a consistent growth at the end of the day?
Remember – Forex trading is NOT all about taking trades.
It requires you to think about and to have a proper forex trading system, a plan.
This is a business. This is not gambling.
If you are taking trades based on gut feel. – You are a gambler.
I would recommend you to stop trading altogether. Either stop forex trading, or spend some time to learn how to trade forex the right way.
Check out our online forex trading AFM winning Forex Price Action Forex Course where i teach you the exact FULL Forex Trading Strategies | system that i personally use to be consistently profitable. (Forex Market Hours)
See you on the other side my friend,
Asia Forex Mentor
Ezekiel Chew
Asia #1 Forex Mentor
how many time or how many hours?
i do not know, i never count it...it depends my mood