Part Time Trader - Page 3
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Thread: Part Time Trader

  1. #21
    You could try with some automatically trading EA. Thus, in your spare time, you just have to turn it on and turn off it

  2. #22
    In my opinion long term trades on frames that are bigger will be most appropriate for people. As usual, I would not recommend signs and EA trading. Call me mistrustful if you desire, but I cannot put my cash in the hands of some thing which is not under my entire control .

  3. #23
    Trade pairs with big interest rate differences such as NZD/CHF GBP/NZD and so forth. Go for a direction that generates positive swap this way you may treat your position as investment which generates dividends rather than speculation. Of course it's more complied than that, you will have to create yourself money management egy which will keep you in a match. System must prevent financial failure in the event price goes against you for a lengthy period of time and it has to permit you to suck profits from favorable swap or from beneficial price movement.

    P.S. Don't forget to hedge and do not put all eggs in one basket.
    P.S.S. NO HUGE LOTS.

  4. #24
    Quote Originally Posted by ;
    Trade pairs using big interest rate differences such as NZD/CHF GBP/NZD and so forth. Go to get a direction that generates positive swap this way you can care for your position as investment that generates dividends instead of speculation. Of course it's more complex than that, you'll need to create yourself money management egy that will keep you in a match. System must avoid financial failure if price moves against you for a long period of time and it has to permit you to suck profits either from favorable swap or from beneficial price movement....
    I concur, particularly the part concerning the immense lots. I've made that mistake and I've paid for it, both literally and figuratively.

  5. #25
    Quote Originally Posted by ;
    quote I concur, especially the part about the huge lots. I have made that mistake and I have paid for it, both literally and figuratively.
    I presume, it is a very common mistake; no doubt I've also similar experience as such as you.

  6. #26
    The higher the time-frame the greater and more powerful that the signal..Its will require 1minute to bullshit a signal generated utilizing 1m chart additionally 5minutes to bullshit a signal generated 5m chart the same way it'll take 1day into bullshit a signal generated by 1D CHART. . .the larger the better chance...

  7. #27
    Quote Originally Posted by ;
    The higher the time-frame the better and stronger that the signal..Its will take 1minute to bullshit a sign generated using 1m chart additionally 5minutes to bullshit a signal generated in 5m chart the same manner it will take 1day into bullshit a sign generated by 1D CHART. . .the larger the better chance....
    Or it is a lot simpler to consider where you likely to be 1 min from today, or 5 min from today, Circuit believing with certainty where you'll be 24 hours from now...

    which M1 and M5 can appear more accurate, but likely will get smaller chunks of profits.
    Nevertheless there's also power in numbers, and generally as a side effect likely a smoother equity curve.

    Of course, are based on the part time notion, scalping 1 session may be not the part time one like to input, ppl tend to believe idle, and fantasy of minimal time invest with maximum profits made. Or just sip a cocktail on the shore as a magical EA ( downloaded for free of course!) Making millions.
    Unfortunate, truth rarely match the dre.

  8. #28
    Quote Originally Posted by ;
    The higher the time-frame the greater and more powerful the signal..Its will take 1minute to bullshit a signal generated using 1m chart additionally 5minutes to bullshit a signal generated in 5m chart exactly the same way it will take 1day into bullshit a signal generated by 1D CHART. . .the larger the better chance....
    No its not as complied if you can't trade 1 hr. Tf then its very difficult to do so... IMHO 20 pip is enough for your day...
    Ranking size is the key ...

  9. #29
    Quote Originally Posted by ;
    quote I think, it is a really common mistake; no doubt I've also similar experience as such as you.
    I think most traders have similar experiences, particularly at the commencement of their trading travel.

  10. #30
    I have finished my basic level of Forex trading and eager to take this stock market for a part timer, so there's anyone in this community who's a part timer and currently successful out of here. I need suggestion how can I start ? If there's anyone please suggest me something.

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