NexusFi: Find Your Edge


Home Menu

 





how many hours per day do you watch the market?


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one Anagami with 2 posts (4 thanks)
    2. looks_two deaddog with 2 posts (2 thanks)
    3. looks_3 SMCJB with 2 posts (0 thanks)
    4. looks_4 jmp470 with 2 posts (3 thanks)
      Best Posters
    1. looks_one ZviTradingCoach with 5 thanks per post
    2. looks_two futrstrdr with 3 thanks per post
    3. looks_3 Anagami with 2 thanks per post
    4. looks_4 jmp470 with 1.5 thanks per post
    1. trending_up 2,511 views
    2. thumb_up 17 thanks given
    3. group 10 followers
    1. forum 12 posts
    2. attach_file 0 attachments




 
Search this Thread

how many hours per day do you watch the market?

  #11 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,049 since Dec 2013
Thanks Given: 4,384
Thanks Received: 10,206


deaddog View Post
Is someone paying you a salary to do that?

15 years ago yes (but then days were even longer because there were meetings pre and post trading) but for the last 15 years nope. Just me.

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
ZombieSqueeze
Platforms and Indicators
How to apply profiles
Traders Hideout
REcommedations for programming help
Sierra Chart
Better Renko Gaps
The Elite Circle
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Just another trading journal: PA, Wyckoff & Trends
34 thanks
Tao te Trade: way of the WLD
24 thanks
Bigger Wins or Fewer Losses?
15 thanks
GFIs1 1 DAX trade per day journal
15 thanks
Vinny E-Mini & Algobox Review TRADE ROOM
13 thanks
  #12 (permalink)
GoodTrading
Loja, Ecuador
 
Posts: 36 since Jan 2022
Thanks Given: 21
Thanks Received: 33


jmp470 View Post
Fellow traders,

How many hours do you trade / watch the market? As a new person, who will try to balance work and trading, I'm curious how long you participate in the market for.

For instance, today, I was doing well, but decided to close down the platform, as I didn't want to over trade. Nor give back profits.

I find the less time I spend watching the markets the better I do. I generally put in a swing trade ~ 90 minutes before or after the open and let it go for the day. I trade oil, gold, Nasdaq and treasuries and put in one contract for each. After a few hours I will add to my positions or if I got stopped out, put in a new trade and let it go to the close. But to answer your question usually I watch the markets for about 4 hours / day on average.

Reply With Quote
  #13 (permalink)
 GFIs1 
who cares
Legendary Market Wizard
 
Experience: None
Platform: nobody interested
Broker: none
Trading: forget about it
Posts: 6,933 since Feb 2012
Thanks Given: 6,196
Thanks Received: 15,586


I used to study ONE market for ONE trade per day. Quite a time using period to find the patterns of this distinct market.
Today I am just preparing the trade for the day (using Asia numbers) and watch the IB aka entry half hour. The rest is using the pattern for the day of the week, start, end, stop loss and let it play out.
No longer glued to a screen. I even do not watch on the smartphone as this is a waste of time.
Good luck!
GFIs1

PS: Well what I forgot to say:
I am using more time to write about my trades on fio than time for the trade itself - LOL

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote




Last Updated on May 21, 2022


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts