Only one trade a day?
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thread: Only one trade a day?

  1. #1

    Only one trade a day?

    Hey guys,

    a question for the daytraders of you.

    Does one of you take just one trade each day? Or can you exchange the entire day or even a session?

  2. #2
    Member niko's Avatar
    56
    I exchange the New York session since im at the same time zone, from around 7/8AM to around 12PM MAX (lunch time). I look for a sign at the time period, if it shows then I take it, close MT4 and proceed with my life. . If it never shows. . Well, tomorrow its new day =-RRB-

    Greater than sufficient if its a true sign that adheres to my rules

  3. #3
    Junior Member carlttlopwzf's Avatar
    2
    Day trading is a mode of trading in which a FX trader opens a commerce at the beginning of any trading day and maintain the trade for the entire day and depart at the close of the day either with profit or loss. The traders that have sufficient time to test the trade by holding for quite a lengthy period may use day trading. Day trader attempts to test the trade for the entire day and take decision accordingly.

  4. #4
    Junior Member Patricay's Avatar
    2
    Hi, I left between 450 and 650 transactions every day, manual trading.

  5. #5
    Alright, I think I Asked the incorrect question.

    I mean lets say you risk 3 percent per transaction and if your very first transaction is a winner for 3 percent or exactly what Rr you try to get. Trading stops.

    Or when its a looser you exchange until you get your 3 percent

    Or do you exchange a session no matter how much profit you made.



    500 transactions a day thats alot of work

  6. #6
    Okay, I believe I Asked the wrong question. I mean lets say you risk 3 percent per trade and when your first trade is a winner for 3 percent or what Rr you attempt to get. You stop trading. Or when its a looser you trade till you receive your 3 percent Or do you trade a session however much profit you made.
    //-----

    hey arlucad.... My answer would not change... 24 hours per day.... I don't own a daily profit target or reduction limit.... So there is absolutely no reason for me to stop till they shut the doors on friday...h

  7. #7
    Gal?ctico
    Guest
    Hey guys, a question for those daytraders of you personally. Does one of you take just 1 trade each day? Or can you exchange a or the entire day session?
    I normally exchange 1 trade per day, BUT if I have a fail I then go to plan B which could involve another 2 or 3...

  8. #8
    Member niko's Avatar
    56
    Alright, I believe I Asked the wrong question. I mean lets say you risk 3% per trade and when your very first trade is a winner for 3% or exactly what Rr you try to get. You stop trading. Or when its a looser you exchange till you receive your 3% Or do you exchange a session no matter how much profit you're making. 500 trades a day thats alot of work
    I ONLY search for a trade that obey my rules/conditions:

    If true then spend the trade near everything and proceed with my life

    If not, then waitfor . If my pre requisite time for trading its own over and got nothing, Tomorrow its a new day. . Thats it


    Money/goals doesnt matter, just the process to validate a trade (if its valid or not) agaisnt a pair of principles matters, nothing !! (as weird as it seem, following this way of thinking that the money flows into your account naturally and with No attempt )

  9. #9
    Hmm.. Okay makes sense. I just have thought about it and of course It'd cut the potential profit but it alot less Stress I think.

    To trade the entire day makes no sense for me when I dont make more money and smaller my hourly pay.

  10. #10
    Havo my friend.

    I still trade your way but I dont use rangebars anymore rather than ordinary candles. I believe I evolved in my own way.


    Its like you take the words out of my mind
    Of course only taking proper trades is the way.
    Thanks for your response.

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