I prefer long-term definitely. Still learning anddon't spend too much time on it, but as far as interest is concerned, I am interested and find it exciting so I prefer to manage to predict in the future and do it in the long run
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I prefer long-term definitely. Still learning anddon't spend too much time on it, but as far as interest is concerned, I am interested and find it exciting so I prefer to manage to predict in the future and do it in the long run
Choice of long term trading or short term trading depends on the time available for the trader, capital invested and the level of commitment towards trading. I prefer Long term trading as i can not take much tension and be on my toes for short term gain.
normally I trade short time only upto now but when a price of gold falls to 1500 then i may go for long trade until it reach 1700 again.but i wont go for long trades in others accept gold and that too i think when price still move further
If capital investment is low then short term is good and if investment is high then long term may be used but it depends upon the trader's experience,observation,patience and sincerity. Both have merits and demerits also.
i agree with our senior dmambi. it really depend on several things to choose whether we should go with short term or long term.
however, i think what matters the most is not the long term or short term but whether we can make profit or not.
because the goal to enter this market is to make money so make sure that we choose the strategy that can make money for us.
I must be like that long term trading . Every long term plan to success with two and one. It is a good opertunity that if you trading short term and loss dont recovart on the other hand long term trading yo loss you should recovard.
Long term trading is more suitable for the people who have other works to do than Forex trading alone. In this method they can open some positions and start doing there work till the next day or some fixed time whenever they are free can open the terminal and check the condition.
I prefer to do intraday trading (short term) or even scalping type. Since I love to scalp the chart, make an OP than hit CP, thats pump my adrenaline.. lol. Joking. I love to do intraday trading because its fast profit (or fast loss too), no floating, no swap consideration, and of course, I can sleep with a nice dream in my night.