I’ve Discovered My Forex Trading Style What’s Yours?
You think about it during the week after you go to class and go to work at 2:00 in the morning. I try to stay up and trade or I go to sleep or I try to sleep at a decent hour and then I wake up to trade at 2:00 a.m. It hasn’t worked for me, it got so bad at one point that I was trying to stay awake and follow the 2:00 a.m. regimen, where I stayed awake too long and got a migraine, a migraine that lasted as long as I wanted.
I’ve Discovered My Forex Trading Style What’s Yours?
I would say for at least 10 days I had to go to the emergency room and get a nerve block at the base of my skull because I couldn’t get rid of the migraines but I was doing a lot and I was really at this time I’ve been very eager to learn how to trade.
And I was very dedicated, I was very passionate and I wanted to consume everything I could, and I wanted to have the best opportunities to take advantage of the deals, and after doing that for a little while, I quickly figured out that well, I can’t do this, it’s not sustainable for me and it’s not sustainable for my lifestyle. Happy Sunday to you, I hope you are doing well.
I create article clips to help aspiring or experienced traders learn how to navigate the streets of Forex by giving my tips and insights on the Forex market and then I also break down technical analysis here on the channel as well so I invite you to come on and join us but what I want to talk about today is how I chose to become a swing trader
I often get a question like is swing trading hard if so I just want to break down for you guys why did I choose that? Being a swing trader and how you can use some of this analysis to figure out what your trading style should be.
I run a group of about 7,500 people and I pull up the group and ask what trader style everyone was the overwhelming majority of people said they were intraday traders or swing traders and there were very few people who identified as swing traders which is weird to me.
People are interested in speculating in Forex day trading
I know the average person works a full-time job and the average person has responsibilities and kids and this is interesting to me that people are interested in day trading when it requires more time to set up and prepare and find setups I hate to say it like this but I am a slave to the computer I am a slave to the chart and I just want to encourage people to explore the idea of potential swing trading.
Now there is nothing different between what you do to find your setup as a scalping intraday trader other than looking for a higher time frame for your setups, I chose to be a swing trader because I started learning how to trade in September 2017, I think I was going into my third semester as a graduate student in A very strict program and I was working full time and on top of that, I was playing in a bowling league and then became a good active member of my community.
Organizing your business in conjunction with Forex trading
So I was volunteering and doing different things, but what I found hardest was the way I learned to trade, they were encouraging us to trade like the London session, and I certainly couldn’t trade in New York. There was no way I could sit at the computer with my boss in the office next door, and I tried to trade at 2:00 in the morning, so we’re talking about I go to 9 to 5 and then I go to class from 6:00 to 9: at least 3 days a week.
Then one day a week, I’ll go play from 7 to 10 and then I’ll volunteer in between on the weekends, I’ll go to church, I’ll visit my family It’s been a long time coming when you think about it during the week after going to class, going to work at 2:00 AM, I try to stay up and trade or I go to sleep or I try to sleep at a decent hour and then I wake up to trade at 2:00 AM.
That didn’t work for me, and at one point it got so bad that I was trying to stay awake and follow the 2:00 a.m. routine, where I stayed up too long and had a migraine that lasted for at least 10 days and had to go to the emergency room and get A nerve block at the base of my skull because I couldn’t get rid of the migraines.
Be keen and persistent in learning Forex trading
I was doing a lot and I was really at this time I was very keen to learn how to trade, I was very dedicated, I was very passionate and I wanted to consume everything I could, I wanted to have the best opportunities to profit from trades, so after doing it for and I soon discovered that no I could keep doing this, and it’s not sustainable for me and it’s not sustainable for my lifestyle.
And I discovered that I still wanted to trade but I needed to figure out something that would allow me to spend most of the time once a week finding a setup and then I needed to be able to monitor the trades throughout the week. I didn’t want to be a slave to the charts, I didn’t want This to be after the end of one of the trades.
Summary
I had to go find somewhere else to feel as though I was accomplished during the week, every day I sat down to find a setup before I traded setups that would bring me up to 40-50 pips and I was happy with that because I was finding I had set myself up.