The combination of high-frequency trading, and staring at intra-day charts all day long carries a heavy weight of physiological burden. Most day traders are failing because their patience wears out. They begin to carry out unplanned and reckless trading decisions, mainly out of boredom, fatigue or frustration. I have been there, so I know.
There is a natural tendency to follow the shorter time frame intra-day charts because seemingly, that’s where all the action is taking place.
It took me a while to realize that this vicious and almost inevitable attraction towards the intra-day charts is nothing but a rush of dopamine, just like a drug addict who can’t keep his hands off what typically consumes him. Eventually (and after quite a bit of money down the drain) I found out that the less I’m involved with the markets, the better I do. That’s how I discovered Forex swing trading strategies and over time became a full-time swing trader (Also known as position trader).
Forex Swing Trading Strategies
Co-founder and Head of trading