How often do you check your open positions?

FTC Community TeamStaff17 Sept 202617 views

Position-checking frequency is a psychological metric: the constant checkers trade worse, intervene more and feel worse. The number reveals more than most journals admit.

How often do you check your open positions? — drawdown and recovery diagram — An equity curve during a drawdown and its recovery

What's your number?

how often you check, honestly
how checking changes your decisions
how you reduced the frequency

How often do you check your open positions? — risk-reward diagram — A risk-reward ratio of 1 to 2

The trading styles guide shows the checking frequency each style actually needs.

Background: Scalping, day trading, swing trading and position trading compared

Trading styles differ in holding time, costs, screen time and overnight risk. Compare them side by side to find the style that fits your schedule and account.

What is the difference between swing trading and day trading?

Day traders close every position within the same day, so they avoid swap and weekend gaps. Swing traders hold for days or weeks, paying or receiving swap and carrying gap risk, but their costs are smaller relative to their targets.

Is scalping a good style for beginners?

Scalping is difficult because costs are large relative to small targets: a 1-pip spread is 20% of a 5-pip target. It also demands fast execution and constant attention.

Read the full guide

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