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i hold whether you are a short-term or long-term trader, stage a kibosh departure is a saintlike strategy to curb the turn of departure, its real useful to minify the losses for we a seeking advantageous profits at the end so unless we minimize the death we slope change best
I think in scalping strategy, we must have money management table in which there is a lot that accordance with the capital and our profit target. we can use a averaging transaction but the maximum is only 4 positions averaging if the initial decision was wrong. such as with $100 of capital we can use 0.1 of lot size in first trade and we can compound the lot size suits by our equity or balance. maybe will be better if we have money management and compounding table, usually the format is excell
I prefer short-term trading. because I can not have a pretty good ability to analyze news. because I think the long-term trading, should really be able to analyze properly about every news release and related to the pair that we use to trade. because the news has a considerable impact on market movements. So I think long-term trade have a higher level of difficulty.
is not just the money the main factor in this business, we are also required in addition to capital has the skills and knowledge, and it all requires an investment of time and effort.
I want to add with you more that it actually depends on you how you can consider it, how available time you are getting to spend with forex trading, and how patience you have. so if you fell you are ready to pass full day long with forex trading then you can take it as full time, and while you do not have available time to spend here then you better take it as part-time.
i think i use all type dealing. usually i dealing in temporary and usually in lengthy lasting. i think in lengthy lasting are good, because the feelings or emotional are not too impact than dealing with temporary.
for me lengthy trading is not possible. for lengthy lasting need a large financial commitment investment. i am temporary investor and my highest possible focus on 150pips.
ziada safe to long term trading hoti hay keuun kay iss may daily ki news ziada asaar andaaz nae kerti aur stop loss bhi bara hota hay, iss liay wo bhi ziada ter trigger nae hota. Laykin long term traidng may bhohot ziada patience ki zarorat hoti hay.Quote:
Originally Posted by rislama
forex market men jo traders buhat zyada experience able hain wo to long term trading zyada kerty hain but jo is ko start kerty hain un k ley short term men hi trading kerni chahye or jitna bhi profit hi earn kerna chahye.
I am always make trade with H4 time frame. Using that time frame, I am believe that watching market will not so noisy and we more calm to make analysis