Regular Monitoring: Stay actively engaged in monitoring your trades and the market conditions. Keep track of price movements, news releases, economic indicators, and any factors that may impact the assets you are trading. This helps you stay informed and make informed decisions based on current market dynamics.
It depends on the leverage you used and the amount of money you used too. As the money is small for yours the less you will want to monitor if you also use a very low leverage. And this is how to make profit with a very tiny chance of loss. The bigger the leverage and the bigger the amount of money used, the higher the chance a trader would want to monitor his trading activities.