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whether you are a short-term or long-term trader, i used to manually close when i have the profit which i expect in that particular trade setting a stop loss is a good strategy to check the amount of loss, its very important to limit the losses for we a seeking good profits at the end so unless we minimize the loss
I think that long term trade is more profitable in forex trading business. and I also think that short term trade is simple profitable. I always support the long term trade and I always do this though long time trade is more emotion creator.In forex trading business emotion control is a great virtue and its helpful to make more money from forex trading business. So I think long term trade is better for me for making money from forex.
Main to ab dono tarah ki trading karna pasand karta hoon, because mere pass achcha capital hota hai, jisse main jaisi chahu waisi trading kar sakta hoon, long term mein bhi achcha fayda hota hai, lekin long term ke liye hamesha hume D1 chart use karna chahiye.:good:
i acknowledge whether you are a short-term or long-term investor, establishing a stop-loss is a excellent way to examine the quantity of reduction, its very essential to restrict the failures for we a looking for excellent earnings at the end so unless we reduce the reduction we cant have excellent profits
for short time trading, aka, scalping, i believe you need loads of experience and a proper sense of risk management as well of controlling of fear and greed. so, it better for a newbie to trade long term. it gives you more time to react.
I am part time trader in the forex market. I like trading short term in the forex market. Short term trading is suitable for me as I have small capital for trading in the risky forex market.
No doubt long term plans are better than short term plans but long term plans always needs correct method and approach. When in short term plan you can recover in another day but with a long term failure you have to restart from the beginning. So before preparing for long term investment plan should be properly analyzed and approach should be methodical to prevent from half way failure.
short term trading can be the best option for the new traders to be aware of the nature of forex but for the persons who aspire to get profit must adopt log term trading.
i prefer to short term trading because of there is less investment required and low risk of losses the money you will save your self in term of losses with short term trading. but in the long term trading there is large risk of your money. so i will prefer short term trading.
Short term trading is more popular than the long term trading in Forex. Scalping is the strategy where you can close trade in short time after taking your target profit.
This is very interesting to me too.