Running a script continuously vs once per day

Hey all, noob question here. I'm looking to trade long term trends in FX for fun/as practice for myself to learn python. I'm not expecting to trade intraday, instead holding positions for at least a few weeks or months.

As a result, I'm conflicted about writing a script that I can run once a day when I wake up to check whether my entry conditions have been met recently or not, OR to run a script I can have going in the background for 8+ hours a day to find the best possible entry time.

Running a computer constantly seems like a headache, but also is far more precise for entry. What do most other algotraders do?

Submitted November 02, 2020 at 05:23PM by elencus

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