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For being successful in forex trading business, a trader must study well, practice well, increase control over emotions, start with good capital, highly concentrate in market, being confident while taking decisions, being patient in trade, get command on risk management, get command on money management.Quote:
Originally Posted by fibo
I prefer short term trading because I want to close my all trades and see the results before sleep but if you have a very large capital you can do long term trade. I suggest short term trade those traders who has small capital because they cannot afford long term trading.
If you are a beginner, I suggest to do a long term trading. Short term trading is alright if you have the basic of it. If not, try not to trade with short term trading. It will completely messed up your trading style. I've learnt that the hard way. Plus those who short term trading intends to gain as much pips as possible and using a very risky money management.
long term trading to achi baat hai but os kelye kafi huge investment ki zarort hoti hai.mai felhal short term trading ko he prefer karta hoon q k mere pas itna capital nahi hai ke mai long time trading kar sakoon.esi liye mai low investment se real trading mai apna capital increase karni ki koshish mai taky mai bhi ong term trading kar sakoon.
as for me i really think the Short term forex trading is very much okay that the Long term forex trading because with short time trading we can always get the best profit out of the market and exit the trade because the more we stay long in the market the more we over trade with is not very good in the market
Short term and Long term Trading is different, the different is just Trade Duration and the Target in Pips, both can really Profitable in Forex Trading, I have found so many Successful Traders using short term and Long term Trading, so you can be one of it and you can use any Trading System that Accurate enough for short and long term..
trade it short term and long term it is equally profitable if indeed we have a good ability in this forex trading. because it was hanging in our ability in this forex trading. but do I see every trader has a way of trading is different. there is indeed a long-term match oerdagangan, some of which match the short-term trading. but I personally prefer to have that short-term trading in my trade.
We would identify a short-term business as anything at all with a having period of only a week. Short-term investing includes day-traders and also scalpers who may possibly hold a posture for a few just a few seconds or min's as well as short-term swing action traders, which may keep a position during their visit. A great way to identify the difference between short-term and long lasting traders will be the chart period of time they favour. Longer term dealers tend to utilize daily-bar or candlepower unit charts. Short-term traders might use charts as little as 5 minutes.
I prefer Short-term Trading along with Long Term Investing. I break down my fairness in the same two elements, One portion I use in short term investing & another portion I use for too long term business. I believe short-term is more high-risk for new dealers, so I favor long term business for them.
i prefer long term trading as i tried both methods of trading and found the long term to be very consistent in terms of profit and also, i trade more relaxed as i have little or no pressure when i trade on long term.