<p id="isPasted">Whether you need to continuously monitor a trade depends entirely on your trading style, the strategy being used, and how much you have automated your process:</p><p><strong>1. Manual Trading (Requires Attention)</strong></p><p>If you are a manual trader, especially a day trader or scalper, continuous monitoring is often necessary.</p><ul><li>Active Management: You need to watch for immediate market reversals, confirm signals, manually place orders, and adjust stop-losses or take-profits in real time.</li><li>Emotional Discipline: The need to continuously watch can lead to emotional trading, which is a major drawback.</li></ul><p><strong>2. Algorithmic or Automated Trading (Minimal Attention Needed)</strong></p><p>If you are using programming logic (as discussed previously), the core reason for automation is to eliminate continuous human monitoring.</p><ul><li>Pre-defined Logic: The computer monitors the market 24/7, applies the exact rules you programmed, and executes trades automatically.</li><li>Set and Forget (Mostly): Your role shifts from execution to oversight: monitoring the algorithm's performance, ensuring connectivity, and managing risk parameters. You don't need to stare at charts all day.</li></ul><p><strong>3. Positional/Swing Trading (Less Frequent Attention)</strong></p><p>For strategies held over days or weeks, continuous watching is counterproductive.</p><ul><li>Macro Focus: You focus on larger market trends and daily or weekly charts.</li><li>Pre-set Orders: You set your entry price, stop-loss order, and take-profit order (or trailing stop) when you open the position and only check in periodically (e.g., once or twice a day) to review the situation or adjust orders as needed.</li></ul><p><strong>Summary</strong></p><p><strong> Trading Style Automation Level Need for Continuous Monitoring</strong></p><table data-animation-nesting="" data-complete="true" data-sae="" style="border: none; border-collapse: collapse; table-layout: auto; width: 652px; color: rgb(230, 232, 240); font-family: "Google Sans", Arial, sans-serif; font-size: 14px; font-style: normal; font-variant-ligatures: normal; font-variant-caps: normal; font-weight: 400; letter-spacing: normal; orphans: 2; text-align: start; text-transform: none; widows: 2; word-spacing: 0px; -webkit-text-stroke-width: 0px; white-space: normal; background-color: rgb(16, 18, 24); text-decoration-thickness: initial; text-decoration-style: initial; text-decoration-color: initial;" id="isPasted"><tbody data-complete="true"><tr data-complete="true" data-sfc-cp=""><td colspan="undefined" data-complete="true" data-sfc-cp="" style="border-bottom: 0.8px solid rgb(45, 47, 53); min-width: 4em; vertical-align: top; color: rgb(230, 232, 240); font-family: "Google Sans", Arial, sans-serif; font-size: 14px; line-height: 22px; padding: 12px 16px 12px 0px; width: 22.5767%;">Scalping/Day Trading</td><td colspan="undefined" data-complete="true" data-sfc-cp="" style="border-bottom: 0.8px solid rgb(45, 47, 53); min-width: 4em; vertical-align: top; color: rgb(230, 232, 240); font-family: "Google Sans", Arial, sans-serif; font-size: 14px; line-height: 22px; padding: 12px 16px 12px 0px; width: 25.3911%;">Manual</td><td colspan="undefined" data-complete="true" data-sfc-cp="" style="border-bottom: 0.8px solid rgb(45, 47, 53); min-width: 4em; vertical-align: top; color: rgb(230, 232, 240); font-family: "Google Sans", Arial, sans-serif; font-size: 14px; line-height: 22px; padding: 12px 0px; width: 50.3758%;">High (Continuous)</td></tr><tr data-complete="true" data-sfc-cp=""><td colspan="undefined" data-complete="true" data-sfc-cp="" style="border-bottom: 0.8px solid rgb(45, 47, 53); min-width: 4em; vertical-align: top; color: rgb(230, 232, 240); font-family: "Google Sans", Arial, sans-serif; font-size: 14px; line-height: 22px; padding: 12px 16px 12px 0px; width: 22.5767%;">Swing/Positional</td><td colspan="undefined" data-complete="true" data-sfc-cp="" style="border-bottom: 0.8px solid rgb(45, 47, 53); min-width: 4em; vertical-align: top; color: rgb(230, 232, 240); font-family: "Google Sans", Arial, sans-serif; font-size: 14px; line-height: 22px; padding: 12px 16px 12px 0px; width: 25.3911%;">Manual</td><td colspan="undefined" data-complete="true" data-sfc-cp="" style="border-bottom: 0.8px solid rgb(45, 47, 53); min-width: 4em; vertical-align: top; color: rgb(230, 232, 240); font-family: "Google Sans", Arial, sans-serif; font-size: 14px; line-height: 22px; padding: 12px 0px; width: 50.3758%;">Low (Periodic checks)</td></tr><tr data-complete="true" data-sfc-cp=""><td colspan="undefined" data-complete="true" data-sfc-cp="" style="border-bottom: none; min-width: 4em; vertical-align: top; color: rgb(230, 232, 240); font-family: "Google Sans", Arial, sans-serif; font-size: 14px; line-height: 22px; padding: 12px 16px 12px 0px; width: 22.5767%;">Algorithmic/Automated</td><td colspan="undefined" data-complete="true" data-sfc-cp="" style="border-bottom: none; min-width: 4em; vertical-align: top; color: rgb(230, 232, 240); font-family: "Google Sans", Arial, sans-serif; font-size: 14px; line-height: 22px; padding: 12px 16px 12px 0px; width: 25.3911%;">High</td><td colspan="undefined" data-complete="true" data-sfc-cp="" style="border-bottom: none; min-width: 4em; vertical-align: top; color: rgb(230, 232, 240); font-family: "Google Sans", Arial, sans-serif; font-size: 14px; line-height: 22px; padding: 12px 0px; width: 50.3758%;">Very Low (Oversight only)</td></tr></tbody></table><p><br></p><p id="isPasted">The goal for most professional traders is to develop a system—either manual with strict rules or fully automated—that allows them to step away from the screen without missing crucial moves or allowing emotions to dictate decisions.</p>
<p id="isPasted">Whether you need to continuously monitor a trade depends entirely on your trading style, the strategy being used, and how much you have automated your process:</p><p><strong>1. Manual Trading (Requires Attention)</strong></p><p>If you are a manual trader, especially a day trader or scalper, continuous monitoring is often necessary.</p><ul><li>Active Management: You need to watch for immediate market reversals, confirm signals, manually place orders, and adjust stop-losses or take-profits in real time.</li><li>Emotional Discipline: The need to continuously watch can lead to emotional trading, which is a major drawback.</li></ul><p><strong>2. Algorithmic or Automated Trading (Minimal Attention Needed)</strong></p><p>If you are using …</p>