It does not matter how long you trade. It’s what you do during that hours. How much you learnt during that hours.
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Well, it is not as easy as you think. You could sit in front of your stock trading screen for hours and days and still not make progress. Or you could learn the nuances and tricks of getting rich in a matter of few hours! It’s all very subjective and depends on your IQ level.
But to answer the question, let’s consider all of you who are thinking to invest in stocks or aiming to be a trader have an above average or at least an average understanding of how the market works.
s a very cut-throat ball game, and you must be excessively vigilant while making your decisions. You need to be alert and have all the information just right. Besides this, the timing of making your decision also matters a lot. You could lose heaps of cash in a matter of seconds or in cash the same amount had you taken the decision after a few minutes or even seconds!
Coming back to the question. You need to observe the market for at least 3 to 4 months before being able to make a blunder-free investment or proposition for yourself. But you must remain careful even after you have gained years of experience as this is a game of chance if you play it like a game. You could lose everything one moment, but you could also get everything back if you play your cards right. The best way to learn trading is to become adept at technical analysis as that is a sure shot way to know if you’re with or against a trend. And as long as you’re with the trend, you can continue to risk your money
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Backtest your strategy before investing.
yes if u made loss today and u stoped trading for the day then waiting for the next day is waste.
tomorrow also going to loss .dont wait just jump in every trade u do,
if possible with low volume
when the mistakes are coming down then increase volume.
trade consistent ,dont stop just because a loss trade happened. keep doing the same day