Trading Hack’s to Save Time
If you’re like most forex traders, you haven’t reached the point yet where you can make a full-time living out of trading currencies. Keeping up with a full-time job and trading at the same time can be difficult – finding enough time to do both is a real challenge. However, there are lots of things you can do to make your trading more efficient, giving you more time to spend on what’s important and identifying real profit opportunities using these simple trading hack’s.
Set up your charts beforehand
If you know which currency pairs you want to trade, then it’s relatively easy to set up your charts in advance on your trading workstation. If you use a standard trading platform such as MetaTrader, then you can simply create charts for each currency pair that you want to trade. When you login to your trading station, these charts will be available for you to use – saving lots of time compared to setting them up every time. Also, think about simplifying your charts – if they’re loaded with all sorts of different indicators, then it’s going to take you much longer to figure out what you are looking at. Learn how to trade on price action, and you’ll make better trades and save time as well. All you really need is to identify the key support and resistance levels on the chart – everything else is usually superfluous.
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