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 Forex version XVII, Foreign Exchange Market Discussion

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Volatile369
post Dec 20 2015, 07:32 PM

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From: penang


How you guys manage to trade on small timeframe like 1 hour and below charts and have a reasonable win rate? dont you guys have 9-5 jobs? maybe possible to share your experience as a Day trader & Swing trader? im curious as the focus intensity for trading 1 hour chart and below is stressful and really takes away your mental strength to do it consistently, unless your Trading for a Living then there is a possibility to strike a good win:loss ratio..

To my understanding due to markets are quite unpredictable in the short term u need to be there almost 12 hours or even more to monitor the whole situation, u cant just say 'ok after my dinner im going to earn some pips during my night time lets just say 8.00pm to 11pm and there is a trade 'SURE' waiting for me'.. is that how u Day Traders or Swing Traders trade?

even thou u monitor during your day job, u r still going to experience stress as multi tasking and managing money at the same time is like going to your job and playing tennis at the same time, correct me if im wrong, juz curious that trading the short time frames consistency whether really works out as it seems.
Volatile369
post Dec 21 2015, 10:56 PM

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Joined: Dec 2009
From: penang


So if u guys trade below the 1 hour chart, how are you going to monitor a dozen pairs of markets or u just select a few to trade?

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