Forex Tips : Skills Development Process?

Talking about skills, there are only two options that defines a trader has enter the trade many times.

a) skills = using many tools. 30M timeframe onwards.
(higher time frames with more currency pairs into more pips).

b) skills = 1 tool. 1M/5M time frame.
(lower time frame, with more chances for enter into more pips).

 

First of all, let's think about this,
a) What is your target first? More pips? or More Money?
b) What is your time for? Study Forex more or Trade Forex more?

 

 

If you allocate your time for trading, you tends to be "working" in the future, if you allocate your time for study, you tends to be an investor in the future whereby you only use few minutes to make 1 decision that is worth into the target profit, and would not worry because of knowing how to make profits in the next trade if this trade is no good.

This symptom is normally called as "confident".

 

One might lost focus if giving full attention on the computer / laptop screen for more than 1 hour, unless you have trained yourself to be "working" on it for over 4 hours or 8 hours into your skills development process that comes with your strategy.