Why Trading for 30 Minutes a Day is Better than Trading for 8 Hours a Day

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#498: Why Trading for 30 Minutes a Day is Better than Trading for 8 Hours a Day

In this video:
00:28 – Less is More 
00:53 – FOMO – Fear Of Missing Out
02:05 – Trade for enjoyment 
03:03 – Trade examples from this week
04:38 – Our NEW on-demand Masterclass
05:20 – Blueberry Markets

I’m going to explain why trading and looking at your charts for 30 minutes a day is so much better than trading and looking at your charts for 8 hours a day. Let’s get into that more right now.

Hey there, Forex Traders! Andrew Mitchem here at the Forex Trading Coach with video and podcast number 498.

Less is More 

I want to talk about something that might seem so obvious, but unfortunately most people don’t do it.

And that is why trading 30 minutes at a maximum is so much better than staring at your charts and being glued to the screen for 8 hours or more day. Well, as I mentioned, it seems so obvious, doesn’t it? What are the benefits? Well, they’re endless. But why is it that so few people do that?

FOMO – Fear Of Missing Out

So it probably comes down to when you start trading, you think that you need to do more and more and you need to be glued to the charts all day and all night.

You just can’t get away from it. You’re watching every pip movement up and down your flicking between different charts, different timeframes, different currency pairs, different markets, and you then think that you need to get into trading different sessions and you need to be there at the beginning of the European session. You need to trade during the US session.

We need to trade all the news announcements, the Red high impact news announcements. So that you see on Forex Factory. You think you need to trade