here in the forex business i think two kind of trader who is the long time and the short time the long term is the full time trader and the short term is the part time trader and here we decide this thing who we make it
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here in the forex business i think two kind of trader who is the long time and the short time the long term is the full time trader and the short term is the part time trader and here we decide this thing who we make it
of course that does forex trading the first two types of traders are short term and the second is a long-term trader short-term traders do this business as part time and playing petty trading and long-term traders, so we just choose which one suits our trading sytleQuote:
Originally Posted by zaish
in the forex business i see the two kind of trader the first is the short term who do this business as the part time and the second is the long term trader who make this business as the full time trader and the full time trader rich quick
i like both and it depends on market condition. i do one or two long term trade and i also do several short trading at a time depending on my balance. i hope it is a good idea for me.
I can say taht When I open a position I fill in the comment failed. Its the best way to keep a position for long termes the running to its target prices. And the trading for longes termes is not the sames as trading short term even on lot sizes or the stop lose amount. I may placed the 15 or 20 pips as stops in short term but In long term at least the 70 pips !!
When you begin trading foreign currencies ..will be better with short-term trading to begin as a primary level, that trying to get currency out. but of wise to try to long term trading and that before you decide what kind of strategy you prefer more.
My strategy is longtherm, I guess its better than the short term Because when you open in the long term so it seems that you should not stay and see what happen to the matket just open position and select a terget and let it but in the short term always stay at the computer and do the deal and close it
I believe that its also have great movement when its go down. personally i don't trades the gold and the silver but watch both prices which have great movements when uptrend and downtrend . so its really risky with low capital if we wish for longest really !!
I do prefer to go with short term, but daily research basis rather than scalping. As I have trading strategies which support only day long entry and exit levels. I believe long term positional trading could be done only by most experienced professional traders. Being a beginner I just dream about long term trading as now now, but preparing for it
Forex trending market is the best market to make good profits. I always like to trade in a trending market that gives me big profits in short span of time. right to be able to profit consistently in the forex business is quite difficult but you do not give up keep on learning.Quote:
Originally Posted by ypmozrt