How many hours per day to you trade?

Trading Discussion
1

Different traders, different strategies and a different trading ideology all influence the amount of time we all spend analyzing the markets and trading them. I know there are traders who spend eight hours and more per day trading while others may spend eight hours per week in front of the markets.

I think a lot of especially new traders think they have to base their entire day on analyzing charts, following news and be alert 24/7.

How much do you trade? Do you control your trading or does your trading control you?

2

I’m always looking.

24/5.

But it doesn’t slow me down any. I am completely mobile in my setup. I do anything I want in the day, I just have my phone charged and always at the ready. It’s my livelihood, but far from constricting.

3

We don’t have to spend the whole doing forex, this could only amount to stress and you getting tired. Well, is not my right to say how you should be trading, but just remember that too much of everything is bad.

4

It all comes down to strategy, so the answer will vary. The hours can vary but anything more than 8-10 hrs a day is not healthy.

5

I trade on day charts and 4-hr charts. I don’t spend any longer than an hour and a half or two hours a day on the charts.

6

Well, I started out around 8 hours per day. Now I am reducing my hours as I have worked out my strategy, but I do agree it comes down to strategy.

7

Think back to when you were a newbie, you would have stayed glued to the monitor…that fear, anticipation does not go away but the intensity drops as you put in more time, can strategize effectively etc

8

Around 4 hours for me, end of the Asian session and beginning of the European session.

9

During the initial trading days, I used to analyze the market more than 12 hours per day.

Now 04 - 05 hours per day based on the availability.

10

Wow, 12 hours…that is intense.

11

The forex markets are open 24 hours a day between Monday and Friday which means that anyone in the world can conveniently trade at some point during the day. However, some times are more volatile and profitable than others.

12

8hrs per day isn’t bad. Only those who are addicted to forex will trade 24/5. The profit you make is not sometimes determined by the number of hours you spend.

13

I always have my eyes on 20 some fx pairs and couple of metals as well and I read probably some 20 pages of different material involving trading per day. I take random micro trades during the week just not to lose the interest while I’m waiting for the “high probability” setups .Why would someone think that trading should involve less effort than a “regular” job is beyond me.

14

I take a few looks throughout the day. Not very consistent, but I think I will have to increase the time as I take it more seriously.

15

I agree with you. You get what you put into it.

16

haha true… everyone starts out like that … then will try and go in with big money … and probably lose it pretty fast. That usually kills a good % of wanna-be traders.