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  1. #1
    Rookie Member

    Hours and day of the week for a novice !!!

    Hey Guys I know this questions must of been answered like a million times.

    I'm still learning in school I'm in Primary school Yeeiiiiiii hahahaha.


    I was wondering what time or day is best for a novice trader to enter ..


    Bonus question

    How many pairs is recommended for beginners?

  2. #2
    Veteran Member Ronnel's Avatar
    Quote Originally Posted by danibinary101 View Post
    Hey Guys I know this questions must of been answered like a million times.

    I'm still learning in school I'm in Primary school Yeeiiiiiii hahahaha.


    I was wondering what time or day is best for a novice trader to enter ..


    Bonus question

    How many pairs is recommended for beginners?

    Based only on my observation that the market is a bit slow on Monday and Friday (but not always). Easiest time to trade is during the first and last few hours of the opening and closing and also when market overlap. You may see some flatness before or during a news release then it explodes which is a good opportunity to trade if you can catch the explosion.

    Good trading opportunity can show up anytime and for me, I don't have the luxury to wait for best trading day or time. I just look at my charts and see if there is movement and trade accordingly. If you know what you are doing, you can basically trade anytime provided that the market have some decent momentum.
    Duct Tape can't fix OTM

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  4. #3
    Administrator Martin Kay's Avatar
    “Don't believe anything you read on the net. Except this. Well, including this, I suppose.” ― Douglas Adams

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  6. #4
    Legendry Member milos's Avatar
    Quote Originally Posted by danibinary101 View Post
    Hey Guys I know this questions must of been answered like a million times.

    I'm still learning in school I'm in Primary school Yeeiiiiiii hahahaha.


    I was wondering what time or day is best for a novice trader to enter ..




    Bonus question

    How many pairs is recommended for beginners?
    The best trading days are Teusday, Wednesday and Thursday. I avoid to trade on Monday and on Friday. On Friday could be trade only London trading session before New York opens.

    The best trading hours are 8.30AM-12PM EST time zone or 1.30PM-5PM by London time zone.

    The most trading assets are EUR/USD, USD/JPY and GBP/USD.

  7. Thanks danibinary101 thanked this post
  8. #5
    Rookie Member
    Again Guys thank you so much for all your information. Thanks for taking the time to answer my questions.

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