Printable View
if you're newbie than it's higher to travel for long run forex trading by long run i do not indicate sway trades however you'll trade something on top of one her. Which will boost your self esteem rest it depends upon every traders attitude i used to be a scalper however currently i do not wish to watch the monitor all the time therefore i trade long run currently
i hope someday i will be able to trade long term because long term traders don't watch chart that often.
and less stress too. but the amount of experience needed for that and the amount of capital also must be huge.
otherwise i won't be able to make significant profit.
I am a fan of long term Forex trading because I find it more rewarding and less tasking than short term trading. Usually, I go for position trades where I hold the position for upwards of 7 days.
Both the option are available , short term and long term, many of the person like short time, because the shortage of time, but the expert trader perfer log term trading, because in long term the profit earning will high, therefore they open position for long term
Type of trading depends on whether you are doing it for living or as part time .If you do for living then short term is best and vice versa.People with short term strategies dont look to long term perspective which is wrong You have to look at both .
I do trading long. It is very important.I think you can earn good profit you trading long time. But your business plan is low you can short time trading.
In my opinion, short term trading is the best so that you don't have to take tension of your money put in the market, i have done both short term trading and long term trading but i lost always in the long term trading due to unconditional moves of the market but you always win in the short term trading, because market takes some time to move.
All of us ever before take extendable period of time working even so the inside views piddle us so that you can thicker squirting purchase and sell when i premeditated intended for abundant statue, in order that it gets to be situation phase working, It is advisable to acquire lot of forbearance to travel to intended for longer lasting period of time.
Agr paas mein capital ziada hai tou long term trading ko preference deni chahiye or agar kam hai tou short term trading best hai mere khayal se short term trading ka faida ye hai is mein loss k chances kam hain...
i prefer to close my positions by the end of the day, this makes you feel comfort and not worried about them
except if the position is floating in minus, it is better to leave it and even set the TP on the entry point
i don't like long term trading because it needs large capital and cold emotions all the time