Work in our time have to much free time is less and less. To learn how to harmoniously make trade part of their lives and we discuss in this article.
I repeat that the problem of combining the basic work and trade it for beginners there is a foreign exchange market that are just learning to trade. For traders who have achieved success in this business, this question one way or another, is a foregone conclusion. A person who is just beginning to develop the market, you need to make a choice. You must either choose the timeframe in which trade will not interfere with the work, or a job that will not interfere with trade.
I want to look at the major trading timeframes and analyze what features they provide to us.
How to combine the basic work and trading in forex?
1. Daily charts. The most convenient time frame that does not interfere with basic work, not time consuming and does not create a strong stress voltage. Each candle represents one day, ie formed in 24 hours. Trading on the daily charts takes 15 - 20 minutes a day. Depending on the strategy, market entry can be carried out during the daytime, for example, by the indicator signal, or directly at night, when it is necessary to wait for the close of the candle. Candle closes in an hour or two in the morning Moscow time, depending on whether the clock for daylight saving time are translated. Terrible this is nothing. We woke up, turned on the computer until it is loaded, warmed up a cup of tea, then looked at the graphics, if necessary, to open an order, turn off the computer again, go to sleep.
It should be noted that a small investment of time does not mean that trade on the daily charts is ineffective, as it may seem for beginners. The exchange principle to trade more does not mean to earn more. Many successful traders, holders of PAMM accounts prefer daily charts (why?).
work and forex
2. Four-hour and hourly charts. Trading on these timeframes applies to trade within the day and already requires more focus and concentration. Meanwhile, it is quite possible to be carried out directly during business hours. Of course, you must consider your load at work. Someone spends half of working time in social networks and entertainment sites, as someone once get up and pour yourself a cup of coffee. Here I want to consider a few options.
a) Trade with the desktop computer. If you work in a small organization, it is usually a strict control over the software there. It is perfectly possible to set yourself trading terminal directly to the workplace, and periodically monitor changes. All trading terminals are licensed and free.
b) Trade with the tablet. If you install any software on your computer is disabled (this is typical, usually for financial institutions) or over your shoulder constantly looking colleagues, who once may have questions, than you do in the workplace, then a good alternative is to trade with the tablet. The optimal screen size, the presence of a terminal all basic indicators, mobility, the ability to monitor the market on the way to work, during the lunch break, in any free minute - all this is the best way out.
c) Trade through remote access. If your trading you use custom indicators, your trade is partly automated (for example, if you use Advisor for calculating MM rearrangement of stop-loss, etc.), then install them on your tablet will not work. In this case, you can use the tablet for remote access to the terminal. In theory you could use a home desktop computer. But the best way to cope with this task VPS server.
Now there are many companies that provide specifically designed for trading in Forex VPS servers. Rental costs a penny, besides you safe from power outages, internet, do not load further your desktop computer, be sure that his wife or children, just using your computer will not introduce substantial changes in the trade.
With the help of programs for the Android platform and the IOS, you are connecting to this VPS server remotely, and you get access to all the necessary tools. In turn, the remote connection is possible not only through the plate, but also via a regular computer.
the main work and forex
g) Trade with the phone. This is an extreme case. Looking at the small screen of the phone is very difficult to make any trading decisions, but the phone is very convenient to check the already opened positions and timely closing of orders.
3. M30, M15, M5, M1. Trading on these timeframes requires constant attention. Trading on them during the working day is almost impossible. In this case, you need to pick up a job with a removable schedule. For example, 2 by 2. Then you will have the weekend on weekdays, when the market works, and you can fully devote trade.
Too worry about how to keep up to trade and work, it is not necessary. I noticed that with proper desire a solution will be found. Gradually you get used, and trade will become an integral part of your life. And think about how to completely get away from work and live with earnings in the Forex makes sense when you consistently earn as much as on your main job. Up to this point in Forex trading is best viewed as a hobby and combine with your main job.
I repeat that the problem of combining the basic work and trade it for beginners there is a foreign exchange market that are just learning to trade. For traders who have achieved success in this business, this question one way or another, is a foregone conclusion. A person who is just beginning to develop the market, you need to make a choice. You must either choose the timeframe in which trade will not interfere with the work, or a job that will not interfere with trade.
I want to look at the major trading timeframes and analyze what features they provide to us.
How to combine the basic work and trading in forex?
1. Daily charts. The most convenient time frame that does not interfere with basic work, not time consuming and does not create a strong stress voltage. Each candle represents one day, ie formed in 24 hours. Trading on the daily charts takes 15 - 20 minutes a day. Depending on the strategy, market entry can be carried out during the daytime, for example, by the indicator signal, or directly at night, when it is necessary to wait for the close of the candle. Candle closes in an hour or two in the morning Moscow time, depending on whether the clock for daylight saving time are translated. Terrible this is nothing. We woke up, turned on the computer until it is loaded, warmed up a cup of tea, then looked at the graphics, if necessary, to open an order, turn off the computer again, go to sleep.
It should be noted that a small investment of time does not mean that trade on the daily charts is ineffective, as it may seem for beginners. The exchange principle to trade more does not mean to earn more. Many successful traders, holders of PAMM accounts prefer daily charts (why?).
work and forex
2. Four-hour and hourly charts. Trading on these timeframes applies to trade within the day and already requires more focus and concentration. Meanwhile, it is quite possible to be carried out directly during business hours. Of course, you must consider your load at work. Someone spends half of working time in social networks and entertainment sites, as someone once get up and pour yourself a cup of coffee. Here I want to consider a few options.
a) Trade with the desktop computer. If you work in a small organization, it is usually a strict control over the software there. It is perfectly possible to set yourself trading terminal directly to the workplace, and periodically monitor changes. All trading terminals are licensed and free.
b) Trade with the tablet. If you install any software on your computer is disabled (this is typical, usually for financial institutions) or over your shoulder constantly looking colleagues, who once may have questions, than you do in the workplace, then a good alternative is to trade with the tablet. The optimal screen size, the presence of a terminal all basic indicators, mobility, the ability to monitor the market on the way to work, during the lunch break, in any free minute - all this is the best way out.
c) Trade through remote access. If your trading you use custom indicators, your trade is partly automated (for example, if you use Advisor for calculating MM rearrangement of stop-loss, etc.), then install them on your tablet will not work. In this case, you can use the tablet for remote access to the terminal. In theory you could use a home desktop computer. But the best way to cope with this task VPS server.
Now there are many companies that provide specifically designed for trading in Forex VPS servers. Rental costs a penny, besides you safe from power outages, internet, do not load further your desktop computer, be sure that his wife or children, just using your computer will not introduce substantial changes in the trade.
With the help of programs for the Android platform and the IOS, you are connecting to this VPS server remotely, and you get access to all the necessary tools. In turn, the remote connection is possible not only through the plate, but also via a regular computer.
the main work and forex
g) Trade with the phone. This is an extreme case. Looking at the small screen of the phone is very difficult to make any trading decisions, but the phone is very convenient to check the already opened positions and timely closing of orders.
3. M30, M15, M5, M1. Trading on these timeframes requires constant attention. Trading on them during the working day is almost impossible. In this case, you need to pick up a job with a removable schedule. For example, 2 by 2. Then you will have the weekend on weekdays, when the market works, and you can fully devote trade.
Too worry about how to keep up to trade and work, it is not necessary. I noticed that with proper desire a solution will be found. Gradually you get used, and trade will become an integral part of your life. And think about how to completely get away from work and live with earnings in the Forex makes sense when you consistently earn as much as on your main job. Up to this point in Forex trading is best viewed as a hobby and combine with your main job.
