When to have brake after trading with profit
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- Posts: 49
- Joined: Wed Sep 12, 2018 9:44 pm
Hi, I have been working hard to day in trading. I have had about $91 profit from today's trade should I stop for the day or keep going. My mind is right I don't feels stressed.
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- MemphisFlash
- Posts: 2162
- Joined: Fri May 16, 2014 10:12 pm
- Location: Leicester
what are you asking us for. if you want to carry on then do so. if you dont
then stop. it really is that simple!!!!
then stop. it really is that simple!!!!
Well you're not tired because you're basically averaging 1 smaller race per hour, those 2 trading sessions that you had are pretty small ones in racing terms. Of course, you have to wait for your preferred trading setups before you get involved, but ideally you want to try and compress more racing into a smaller time frame. Otherwise, it may not be worth your time, probably like the last 5 hours on that screenshot. Hope you didn't lower stakes on Aussie racing just because you were doing well on US racing and you didn't want to mess up a good day.
That's the beauty of trading, if you really wanted you could grind the markets all day and night if it's worth your time, but for most traders it's really not.
That's the beauty of trading, if you really wanted you could grind the markets all day and night if it's worth your time, but for most traders it's really not.
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- Posts: 49
- Joined: Wed Sep 12, 2018 9:44 pm
I was doing some lay trades on (US) racing to see if could build up balance to do some real trades $200 I did achieve my min bank was after so thought I take it easy on AU back and lay trades. I am having break for bit might try some UK races but in different time zone to me. I am based in New Zealand. I am really just starting out.Kai wrote: ↑Fri Apr 12, 2019 10:56 amWell you're not tired because you're basically averaging 1 smaller race per hour, those 2 trading sessions that you had are pretty small ones in racing terms. Of course, you have to wait for your preferred trading setups before you get involved, but ideally you want to try and compress more racing into a smaller time frame. Otherwise, it may not be worth your time, probably like the last 5 hours on that screenshot. Hope you didn't lower stakes on Aussie racing just because you were doing well on US racing and you didn't want to mess up a good day.
That's the beauty of trading, if you really wanted you could grind the markets all day and night if it's worth your time, but for most traders it's really not.