This is a very common question; because some believe the only way to trade the Forex markets is by day trading the markets, which generally does require a significant time commitment. While, day trading is very widespread in the Forex markets, I believe that a trader can do as well or better with far less time
commitment by trading the markets on an end of day basis. Of course, in order
to do so, you must have good trading methods specifically designed for end of day trading. It has often been said that if you cannot make money trading on an end of day basis, you will never make money by day trading. And I believe that applies to the Forex markets as well. This is because the time pressure to make instant decisions on order entry, immediate placement of stop orders and setting profit targets is very s stressful and demanding of your time. While some traders prefer day trading and are able to handle its rigors and have the time to allocate to it, others prefer end of‐day trading that can be done in as little as 20 minutes a day
commitment by trading the markets on an end of day basis. Of course, in order
to do so, you must have good trading methods specifically designed for end of day trading. It has often been said that if you cannot make money trading on an end of day basis, you will never make money by day trading. And I believe that applies to the Forex markets as well. This is because the time pressure to make instant decisions on order entry, immediate placement of stop orders and setting profit targets is very s stressful and demanding of your time. While some traders prefer day trading and are able to handle its rigors and have the time to allocate to it, others prefer end of‐day trading that can be done in as little as 20 minutes a day
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