Tell me about your trading.

[VasilTodorov]

which one do you like more? live trade or set and forget? tell me why and tell me which one you are using now.

 

[ArnavDeshmukh]

Believe or not, a bit of both!
I always like to have an safe haven investing in something that I see growing in the long term. So I buy and hold assets, especially Gold.

Day trading is also a thing, I use simple lines to read the chart and find entries but I never hold my trades for long. Especially not during the weekend. I don't want to see those gaps.

 

[Imogen Beaumont]

which one do you like more? live trade or set and forget? tell me why and tell me which one you are using now.

set and forget is a lot more relaxed but I prefer to sit and brave through the trade if I have the time.

 

[FreddieWikiFX]

When I have time I would like to live trade which is more of high-tense but mostly I will opt for set and forget with my trading system.
Yes will do a lot of analysis before the trade but when it's set. Simply forget about it. I think I am following some good advice from trading experts.

 

[Polakandil]

To avoid temptation, I think set and forget is better, but the weakness of set and forget may be missing a good opportunity because the pattern could change without being noticed. I am a mix between the two, short-term trading plans prefer live trade, and long-term prefer to set and forget.

 

[ArnavDeshmukh]

To avoid temptation, I think set and forget is better, but the weakness of set and forget may be missing a good opportunity because the pattern could change without being noticed. I am a mix between the two, short-term trading plans prefer live trade, and long-term prefer to set and forget.

Decent point of view!

 

[papaya_financial]

which one do you like more? live trade or set and forget? tell me why and tell me which one you are using now.

I’ve tried both, and honestly I prefer set and forget because it keeps me from overthinking and staring at the screen all day. Once I set my stop and target, I just let the trade run and it feels less stressful. Live trading can be exciting, but it’s easier to get emotional and make mistakes. Right now I’m mostly using set and forget since it fits better with my schedule and mindset.

 

[borzy]

Same here: set-and-forget on H4/D1 with ATR-based stops and alerts improved my P/L because I stopped babysitting trades. Live trading is exciting, but the fewer in-bar decisions I make, the fewer emotional errors I see

 

[VasilTodorov]

set and forget is a lot more relaxed but I prefer to sit and brave through the trade if I have the time.

yes i agree, set and forget has lower win rate but you have easier mind!