If I have big capital, i prefer on long term trading cause it needs bigger capital than short term. Big capital means bigger chance to hold higher volatile of price on market.
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If I have big capital, i prefer on long term trading cause it needs bigger capital than short term. Big capital means bigger chance to hold higher volatile of price on market.
I think forex trade is best for all people if they want to trade in forex . So people will work continue in forex with their knowledge . If some one trade like short term then he can earn short profit and if some one trade long term then he can earn huge profit from forex trade .
As a newbie I am not in position to say any thing on your question but I think it should be part time in the beginning and when trader has gotten some knowledge and handy experience it should be full time and thus it will be a good source of income for him.
I am fully agree with you . its totally depend on traders and on his understanding . i also think both are profitable if we have proper knowledge and if not then forex is dangerous . i think we can open long as well short for quick profit and long for handsome pips but all is need to good experience and skill in forex.
its not true short time trade causes loss all time but its also great way to earn quick profit if our analysis is correct and take entry at the good time . anyway there is no doubt with long to follow the trend its low risk but short also not bad and scalping is another things
---------- Post added at 01:20 PM ---------- Previous post was at 01:10 PM ----------
yes i also believe short and long is not much important things but the important things is that in which method like trader and in which they feel comfortable . anyway both are need skill and if such have then both are opportunity to earn green pips.
I think its also have great movement when its go down. personally i dont trade gold and silver but watch both price which have great movement when uptrend and downtrend . so its really risky with low capital if we wish for long.
Short term Forex trading is not good always. it can be risky if you have not enough money and experiences. Long term can be good for any trader but you need very patience and always take minimum risk against your capital.
There is position term trade and there is month long dimension trade similar day trading , work trading . Also what others make mentioned like scalping , it is the technique of trading to fulfill transactions for tangent phase of period.
I think long term Forex trading is stable for all.Short term trading may you give some profit quickly but not a constant measure.When you arrange your trading strategy for long term goal it will give you constant profit for long time.
short term and long term trade business are both good.short term business has no rick and long term business is risk but both business are good for our because we are earn money by both business.