Time Management

[theforexarmy111]

with regards to time, you can also have a VPS so you can step away from your trades

 

[LuckoftheFX]

What is the role of Time management in trading and does Luck matters in trading?

Time Management is unique to you, if you work 12hr shifts then scalping is probably not going to suit you, where as higher time frame / longer term trades would suit better on the daily time frame.

 

[fxoday]

We know market forex session divided on the four-session market, the most liquid market according to the theory is London overlapping New York, these are the busiest day on forex, so its possible movement price will higher volatile than Asian session

 

[Nimo2006]

What is the role of Time management in trading and does Luck matters in trading?

Time would help to forecast the directions as per waves theory but would not tell you when the price will hit the next theoretical target.

 

[sebking1986]

I think time management and patience go hand in hand in trading. But I also think it is important in any type of business venture

 

[Sammy colt]

I've always struggled with time management in general lol

 

[Spellkiller]

This allows you to correctly determine when you should buy the deal and when it will close and bring you income. It seems to me that it allows you to make trading more organized and profitable, so you don't get the impression that you are acting on the eye or in chaos, so I would call it one of the key components of effective work.

 

[Painskin]

Money management is extremely important because it is this trading component that will allow you to determine which timeframes are most beneficial to your capital, as well as allow you to prepare for the news in advance, i.e. to become a fundamental trading specialist. In addition, when your trade is closed at minus, it will allow you to close the drawdown and eventually earn money

 

[nahiyar]

Of course, we should pay importance to time in term of trading decisions as well as the analysis we use. All trading is on our right entry in market and exit, It means we should choose right time for open positions then manage this time when to go out from market. Then availability of our time is also important at which time trader is easy and how much time he will spend in market to analyze market and get appropriate market move .

 

[kingsman]

Time management before trading and during trading had important place in forex trading. A trader with less market observation will not get enough information on the other hand if he spends enough time to analyze market and sees all aspect he will certainly do right . He also need to trade the best time he has as well as try to get out of this time from market.