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in the beginning i used to trading short time and on scalping strategy but now im test long term on demo to see if the loss will be less or not because scalping very profitable but very danger and make us lose all our profit if we cannot trading carefully
Untill now I have done forex trading using short term analysis and trading strategies but I have seen many traders who have low risk when they trade for long terms so we can try long term also.
Th ideal trading is long term trading, short term trading is just to improve your capital up to a specified level but we have to depend on long term trading to develop the career in long run.
actually i want to learn long term trading, but i thinnk long term trading is just for traders who have much capital and their target is really low percent, so, as a newbie and dont have much capital, long term trading is not suit with me
I am in favour of short term trading because it is less harmful . I think that all new traders should must use short term trading and professionals should use long term trading because they are so experienced that they can easily handle it.
i ever try both but i think that trading in long term is good choice. in the past i used short term trading with calping but i found it made many wrong signals. Trade in low time frame will be difficult to make entries and exits properly.
@boniez
No, they don't have wrong signals. But its difficult to make analysis and thinking about the market in lower time frame and big movements of the market. That's going to give us difficulty to know the right trend of the market in short period of time. That's why we should practice more about forex and learn also long term to see its difference like the profits we can make.
YES .only long term trader can earn a lot of money fro forex and i think the short term trader can not earn good money from forex the reason is that in short term trading market can not give us good profit.:DQuote:
Originally Posted by malik
I want do the business for long time but at first I want that short time because when I will depend on the business and want to build career with it then first we must know that business curriculum and the right way to do it. after understand the business then I want to take it full time...............................
I think if the funding we play better in the long run it you, because it was better than we played in the short term is too risky taxable floating but it also so we have a lot of money then we will also be able to gain faster