Question
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When to know what to trade?
10 Answers
<p>When liquidity levels are high and participation by the big players is greatest. When liquidity levels are low and participation by the big players is minimal the market meanders and gathers orders on both sides of the market, long and short which is setting up for a stop run and then manipulation which takes the majority of traders in the market out due to their small stop on the right side of the market and poor trade location on the wrong side of the market.</p>
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<p>Don’t buy and sell daily, it devours too much of your time and energy and just churns your account, racking up commission charges. Hold on to your investments with a long-term view: perhaps one or two buys/sells within your portfolio per year.</p>
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<p><br>When you have done sufficient research and are confident in your choices and entry/exit strategies.</p>
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<p><br>As a beginner, I have also wasted a lot of my time on such things. But as I learnt and got better with my learning, I realized that your knowledge is the biggest tool you have when you are trading forex. While trading with all my brokers, Turnkeyforex, Fidelity, and Interactive Brokers, I ensure that I know what I am doing. If I have any doubts, I practice hard on my demo account to get some surety.</p>
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<p id="isPasted">It is relatively easy to enter a trade. In the market, you can always enter two types of trades. It is possible to buy an asset and hope its price will rise or short it and hope its price will fall.</p><p>You should also select the volume of the asset after conducting your research. Here, you simply indicate which asset you wish to buy or short. As a final step, use the buy and sell options provided by the broker to execute the trade. </p>
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