Those who started new trading dont have good knowledge and experience...and this trader usually prefer the short term trading like scalping ....because due to less knowledge they prefer for short analysis ,,,and short term trading
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Those who started new trading dont have good knowledge and experience...and this trader usually prefer the short term trading like scalping ....because due to less knowledge they prefer for short analysis ,,,and short term trading
I'm an intraday trader. Mostly i will not have open trades more than a day.
My target will not be higher than 100pips.My average TP will be 50pips.
yeah..u r true ......benifit of short term trading is that we are not concious about future trend of market.because we are doing short term trading..while in long term its possible that trend can go wrong way than our analysis and expectation
Yeah....thats the big advantage of short term trading....so since i joined forex i prefer short term trading ..like scalping......besides long term forex trading has advantage on the basis of big profit but neeeds more knowledge nd experience,,,,
i am a short term trader of course, but i also trade on long positions like gold or silver, trade short positions with 3-4 pairs, and long term trades with gold and silver!!! just analys the chart and find short term positions!
Short term forex trading or Long term forex trading?
I think it depends on the trading strategies used by each merchant. I prefer to use in daily trading strategies ( short term ) to trade. This strategy could make a nice profit for me. I am just waiting for the right time to open a trading position and be able to minimize the risk of loss of smaller
Both are profitable. it depends on you that how much time you can give in forex market. if you dont want to take any risk, then long trade is better. but if you want to make daily profit , then you have to be a short term trader.
I always prefer short term trading as i feel that in Forex maximum traders like that due to Forex market high level of volatility .Traders in maximum cases goes for scalping and very few goes for the scalping techniques .I think trading long term needs more experience and thinking plan.
we can go for the both trading but for the both trading we need the time and also we have to go with the experience and so that we can be winner here.Also we have to trade with the news.