its the most advantage of forex..if we dont have enough time we can go for long term...
In long term trading no need to do hard analyses...for long term trading success depend on only good money management.
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ye achi baat hay kay aap apna profit withdraw ker lay tay hain , mjhe bhi aik trader nay aesa hi kaha tha kay jab bhi kch profit hoon to withdraw ker liay karo laykin may nay aesa nae kia or result ye hua kay sab ka sab loss ker liay, jab ap ko profit hota hay to phir ap ki equity barh jati hay or phir bari lot may trade kernay ko dil kerta hay or phir agr loss ho jaey to sab loss ho jaata hay.
yes i agree with you, we must withdraw the money on weekly basis because in my opinion we must growing our capital with compounding.
while, i not yet to make withdraw routinely because sometime i became loss. i hope i will not get margin call again in the next trade because i has been tired of it. i will try the best in this business
I think this way trading will not be useful in the long run, since in Forex trading the risk of loosing money is always there, we never know when we need the margin money to hold our loosing positions. So i feel it is better to have some money in the account for back up purpose. So we should do partial withdrawal of the profit we get.
If you have enough time to sit in front of your P.C and charts then you need to do short term trading because because short term trading can bring more pips for us but if we have not enough time then long term is best but long term trading is some difficult.
Weekly target i think that it`s good because it`s allow me to remain in good mood and we have plenty of time to get a good opportunity whereas ager hum daily target main jaen to humhein force k sath trader kerni perthi or loss ho kata ha , well main compundng ko prefer kerta hun at least achi equity he se achi earning ho sekti ha
Well it`s on just like a greediness factor involve there then because i think that if you want to make a good amount of money then it`s necessary for you to do trade in the right way what`s my exactly mean to say that don`t make a short trade all the time if you use big time frame then you can easily achieve what`s you want