Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Trading style depends on person to person. if one person likes to trade in a long term then he can go the long term way and if not then short them should be his option. Many new traders also like to scalp which is one of the most risky thing to do but still all the trading time frame depends on person to person.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
If you have enough time to sit in front of your P.C and charts then you need to do short term trading because because short term trading can bring more pips for us but if we have not enough time then long term is best but long term trading is some difficult.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
short term and long term tradings has its own pros and cons. some believe that short term is more profitable than long term and some believe long term to be more profitable.
but it is not as they think so, both can be profitable if we have the right techniques and follow the market closely.
so the important thing is the right technique/strategy, whether one does long term or short term trading doesnt matter
Pliz do comment here if you like the post
long term and sort term both are good but performance bettor than long term trading sort term risk more reward more long term risk less reward less
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
I usually do short term trading but also focus on long term because for short term trading we must know the long term direction of the market. For this purpose I use different charts from M5 to H1.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
hmmm. We have to know that longterm trades are very unpredictable if we trade with leverage.
Reason is because longterm trades are much more under infulence of fundamentals than
shortterm trades. OK, on veryshortterm chart, some intraday event can produce unexpecting move but
when we place trade on longterm chart and decide to enter technicly, we cant predict strong fundamental market mover they are
comming on the market with the time. When we will see we are in wrong direcion because of new fundamentals, we are too far
in loss.
I know such theories like we have to place shortterm trades in direction of longterm direction but I beleave
they isnt profitable and we have to place shortterm trades without any influence of analysis in bigger timeframes.
I know most of traders wont agree with me but on my experience most of such standard "advices" like
"trade with the trend, trade in direction of bigger timeframes, place strop losses etc etc ... I beleave they are
wrong and I even think it is almost inpossible to trade very profitable on longterm under such "limitations".
p.s. I am also using info regard direction on M30 chart when Iam placing the trade on M5 chart
but to use D1 chart like many of "teacher" advices us, I think it is too risky.
Even if we are right 8 times in 10 trades, 2 loosing positions are enough to finish in loss in general.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Even when using the short term trading we have to remain focused on the long term trends in the markets. I have been trading using the H1 charts and the trends but to tell you the truth it is only the Long term trading that is the most profitable trading option provided you have the required margins for doing so.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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