I prefer short time Forex trading rather long term because i want to make some quick money through Forex trading. You as a trader may choose long term trading because it will give you more opportunity to make more money.
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I prefer short time Forex trading rather long term because i want to make some quick money through Forex trading. You as a trader may choose long term trading because it will give you more opportunity to make more money.
There are traders who specifically chose the way of short-term trading such as scalping strategy. There is also a trader who chooses only briefly in front of the computer, open a few positions and closed the computer, check the position 3 or 6 hours later. I think, is the right of each trader to determine which type of the selected time.
yes it will be short term or long term but if it will long term than hope risk is minimize and profit is high.I am always believe long term forex trading.
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
even with the same strategy short term traders like scalpers or intraday traders are not making the same money management as the long term traders
it is more hard for them, also some pairs can be traded in long term and can't be traded at all in short term trading
i used to do short time trading and scalping strategy for making quick money with high risking mentality but this is too much risky that i understand lately ..so i switch my strategy into long term ..now i m making small amount of profit so easily without taking too much mental pressure
I should consider forex trading my full time job. but the trader can take high leverage and the adoption of this high degree of leverage that can benefit, as their deep knowledge and effective so that they can make a good living is easy with the usual leveraged
I favor limited time Forex currency trading somewhat long-term because i wish to help to make some rapid funds through Forex currency trading. People being a dealer may well pick long-term buying and selling because it provides you with additional possiblity to bringin more cash.