Hi, I’m alphac, some might know me from the FF forums, my journal, stocktwits or the James16 PF. I’m a full time trader and I keep things simple, I’ve been trading forex for 10+ years, I enjoy helping new people and discussing charts etc Starting to blog and at the moment working on a hobby website with information on how I trade and things I think novice traders need to know to help their trading, all free and no bs.
Regards.
Hello there,
i have a question. Is it advisable to hold your trade over the weekend? and why?
It depends, I’m a short term trader so most of my trades are closed within a day or a few days maximum. If you’re a longer term trader then you would have to keep trades open at weekends. You know that prices can open with large gaps at the week opening so if you’re trading on smaller time frames or have close stop losses then the more chance you have of being taken out.