Short term forex trading or Long term forex trading?

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Originally Posted by Trader

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.

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short term trade is good coz we can sit there enjoy some pips and then take off but in long term trade we need to have a lot more attention on fundamentals and market news and also long term trade requeires some strategy to pull good hand some amount of profit from it.

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Originally Posted by ishvara

Well, it is not always the case. If you trade short term with a large amount like 12,000 dollars and you are successful then you will make a lot of money. Our trading balance is the main thing that we can use and make money in forex trading.

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of course, the balance in forex influence our profit, and also if we use small ammount usually we trade with different psychological, except we have been mastering to control the emotion.

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.

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Originally Posted by venkiaries61

Yes, this is very great results. Its enough me. 200pips per month is still not achieved by me. Because, some days, i caught in reversal and wait for weeks to close that position. Please, anyone share the strategy that give 200 pips per month.

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200pips in one month you make very easilly if you trade accouriding to support and resistance trading method. i use this with other indicators. i make more then 200pips in one months..in realy if i have good chance i made it in a week...little bit exprience you are able to make this profit

altough given small profit , but we can consistent with our profit, it no problem.
from little profit can be a large profit in next time if we are consistent

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Originally Posted by zoomfire

yes,but i think they lose in many dollars and not in pips.
and mostly i think that long term traders wont get margin call easily as they will be more planned and their risk factor will be less.

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maybe long term trader need more capital balance than short term trader, because if they get a loss , i think they loss in many pips. so they must have good resilience balance that can avoid the margin crisis.

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Originally Posted by netra

altough given small profit , but we can consistent with our profit, it no problem.
from little profit can be a large profit in next time if we are consistent

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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,,,,

Both ways are best here because its up to you.If you are useing as a part itme business then it will best for you short term if you are free then you can also do long term trading.

I prefer Long term trading , since i am doing part time trading , i want to make the set up and leave it for a time till i get the required profit or hit SL.
Also i feel long term trading is good as it reduces the pressure on the trader.

Ma tu short term trader hon aur short term trading ko he like krta hon. Ap daily apni sari positions close kr k apna profit or loss calculate kr skty hen aur next day ak new plan k sath market main aa skty hen. Long term trading krny k lye boht experience ki zarorat hy.