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Monday, 29 July 2019

Advantages of Simple Trading Techniques, Enough 30 Minutes Per Day

Everyone has their daily activities. Will this activity affect your trading? NO, as long as you know how to apply simple trading techniques between these solid routines.

Important Points 30 Minute Trading Techniques
There are two important components that you should know before going further to simple trading techniques using Setup 30 minutes per day:



1. Analyze With Time Frame Daily

First, make sure that the Time Frame is Daily. Next, do an analysis based on the last chart formed when the New York market closed. Why do these two conditions have to be fulfilled in this simple trading technique? Market noise tends to be small when analyzing the opening of the Sidney session. When trading volume is low, you can take 30 minutes to do various analyzes. It starts with determining trends, important support and resistance levels, and seeing the trading signals that might occur.



2. Set And Forget (Install And Forget)

With super-busy activity, you are only allowed to view Chart 30 minutes per day. Immediately execute the Entry (Buy or Sell) when you have found a tested signal. Determine Stop Loss and Take Profit according to Risk Management. After that, close your Trading Platform, and forget everything. This action is known as set and forget, meaning pairs and forget.

There are wisdom that can be taken from doing this action. A trader who too often struggles with his trading or is too intense in monitoring the Chart, has a greater chance of losing his money in the forex market. Therefore, don't be an addicted trader watching the Price Chart. Concentration can be divided when mixing daily routines by analyzing trading.

Advantages of 30 Minute Trading Techniques
Not only is it superior in terms of saving time, there are a number of advantages that are ready to wait if trading with only 30 minutes per day Opportunities Are Greater For Consistent Profits

Simple trading techniques with low frequency or not involving yourself too much in it are the best Win-Win Solution scenarios. Focusing on the daily chart and not too intensely changing the plans that have been made will increase the chances of making money consistently. In addition, you will also have more time to rest. Because according to the plan at the outset, the time spent is only 30 minutes per day.



Have time to develop a trading system

With less involvement in front of the trading screen, the mind can be calmer. You can also focus more on thinking about future plans, namely developing simple trading techniques that you already have today. In the end, you will be able to develop a trading concept that is superior and has a high percentage of success.

Keep in mind that having the right trading mindset is not easy and takes time. Trading with 30 minutes per day can make you have plenty of free time to explore and learn many things. With increasing time to plan, you will find it easier to get a profitable and consistent trading system.

Also Read :  Strategi Trading The Golden 5%

Your busy life is not interrupted

You are busy, everyone is busy too. Therefore, spending hours a day staring at Chart trading is not something ideal. This is intended for traders who have other routines such as working in an office, entrepreneurship, or having other busy activities.

By routinely taking 30 minutes to trade every day, the routine will not be disturbed. In fact, gradually, you can know how to apply simple trading techniques without working. After placing a position, leave the trading chart and check the results of the day's economy. From here you can know the Trading Rule that was run successfully or not.

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