Short term forex trading or Long term forex trading?

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Originally Posted by chintan

short term and long term tradings has its own pros and cons. some believe that short term is more profitable than long term and some believe long term to be more profitable.

but it is not as they think so, both can be profitable if we have the right techniques and follow the market closely.

so the important thing is the right technique/strategy, whether one does long term or short term trading doesnt matter

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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.

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Originally Posted by aryan

I do both long and short and its depend on market movement . actually i like short because it may give quick profit but here risk also . anyway its better to trade long and short after watching the market movement i think.

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Apki bat theek hy, short term trading main profit ya loss ka jldi he pta chl jata hy aur jahan tak risk ki bat hy tu risk tu long term trading main b hy but mery khyal sy short term trading he best hy.

basically forex is all about movement of prices up and down and some trends it always will not move in one direction as some time in one direction and some time in other direction. so we have to take advantage of that so in long term it is easier to hold your positions for longer if you have good money so you need to have big amount for long term.

this kind of thing is a type of each. as only the traders who choose a system with scalping and traders who choose to longterm, and I think that choosing scalping traders are traders who have a lot of time so that it can always monitor the chart, in contrast with longterm traders because of time constraints

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Originally Posted by aryan

I do both long and short and its depend on market movement . actually i like short because it may give quick profit but here risk also . anyway its better to trade long and short after watching the market movement i think.

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Although both short term and long term trading are profitable depending on the trading strategy of a trader and market conditions but it is long term trading that brings most of the profits.

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Originally Posted by hotshotboyz

I always target long term trading but my emotions make me to close running trade which i planned for long term,
so it becomes short term trading, One should have lot of patience to go for long term.

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patience is not just my opinion. but the analysis is good and sufficient capital to withstand a long trend. so when we get a hit or a bullish trading bearish.akun we stay safe:)

main to hamesha long term prefer karta hu kyunki jitna kam position open ho utna hi tension aur loss kam hota hai, long term me hume zyada pips bhi milta hai

bhaijaan aapne sahi baat bolu hume 2 account used karna chahiye pehle account me long term wala strategy aur dusre account me short term wal strategy jiske hume faidya ho sakta hai

ya patience is the main factor which is required for long term trading which most of the trader lacks. so most of the trader prefer short term trading than long term trading

ya patience is very important in long term trading but i dont have that much patience so i always prefer for short term trading.Another reason is that i dont have enough balance in my account so i can afford to trade for long term