Not exact matches
These let users buy and sell currencies with each other, and will also
frequently have
charting software and advanced
trade functions such as limit orders.
Many traders are too involved with their
trading, whether it's reading endless economic news articles or staying up all night analyzing their
charts, the fact is that absorbing too much information on the markets is only likely to confuse you and (or) cause you to
trade too
frequently.
In order to show that higher - frequency
trading does not equate to higher overall profits, let's look at a hypothetical example of a trader who over-
traded on the 4 hr
charts during one month versus a trader who
traded less -
frequently on the daily
chart for the same month.
Trading less frequently on daily charts instead of trading every day on 5 and 15 minute charts has made me much more confident in the trades that I'm entering as I'm only entering perfect set ups, much less stressed and I'm spending much less time in front of the computer and have a higher return on my a
Trading less
frequently on daily
charts instead of
trading every day on 5 and 15 minute charts has made me much more confident in the trades that I'm entering as I'm only entering perfect set ups, much less stressed and I'm spending much less time in front of the computer and have a higher return on my a
trading every day on 5 and 15 minute
charts has made me much more confident in the
trades that I'm entering as I'm only entering perfect set ups, much less stressed and I'm spending much less time in front of the computer and have a higher return on my account!
In reality, most professional traders interact with the market far less
frequently than what most people might suspect, and this is especially true for pro traders who
trade price action on the daily and four hour
charts like I do.
One of the
chart types used for global forex
trading is a bar
chart, which is used quite
frequently by investors.