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not necessarily short term trading is that scary buddy coz in short term trade you need to keep focus on the trend and also incoming news updates, you can even gain with short term trade yes but not how much you can on a long term trade but you can benefit
according to me short term trading gives small profits and long term trades give more profits so its very simple then which you want to select .......but some guys even meke large profits from least time.......i still gotta learn tht
Long term trading is pretty good but we can't just ignore the short term trading it's also a good way to trade. It's just that you need to know the shit about how to make it really work for you ., It's the decision of the trader which one of these shall be adopted by them.Quote:
Originally Posted by chirayu
well it is not like that some times some people earn big profits from short term trading. and some people take long time to make small profits.So the question is you like to trade in forex for long time or short time.Quote:
Originally Posted by chirayu
in long term yes we may get big profits and we need to give some time but we may have to make less effort and as short term trading can be tense and this is why i am big fan of long trading right from start and trying different strategies for long term. and yes results can be achieved there as good as short term and even bette.rQuote:
Originally Posted by chirayu
are otherwise accustomed to trading with long time then we will never open a position in more than one day because I do not ever open a position in one day however the results
with profit 20 pips per day I think it was enough to make you rich from your forex and manage money just waiting there to be larger by the day
yeah if you use a lot size greater then meets these demands can maximize your profits even in a small number of pips but must be careful to balance the margin
I think its also have great movement when its go down. personally i dont trade gold and silver but watch both price which have great movement when uptrend and downtrend . so its really risky with low capital if we wish for long.
I am fully agree with you . its totally depend on traders and on his understanding . i also think both are profitable if we have proper knowledge and if not then forex is dangerous . i think we can open long as well short for quick profit and long for handsome pips but all is need to good experience and skill in forex.