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yes ,if we have small capital then we must do short term trading but if we have a big capital then we can do long term trading . i also prefer to do scalping and i think it is best for new trader .they must follow money management rules also :good:Quote:
Originally Posted by dareking
short term or long term depends on the nature of the trader and also on hte capitital one have to invest because with smaller capitals one has to set samller stop loss while in long term trading stop loss must be larger enough so that trade can grow therefore with smaller capitals it is best to take short term trade
From person to person trading style. If someone this way is that if your business long after they can be long-term option. Many new traders, scalp varies from person to person, while still all business but want to get the most dangerous thing is.
Short or long is the same we can get profit in patient mode, money management in forex is as flexible and as varied as the market itself. The only universal rule is that all traders in this market must practice some form of it in order to succeed.Quote:
Originally Posted by 865721
me to pehle short term se start kia tha lekin short term trade me ek to headache bhut rehti he dusra usme lose jiada hota tha and profit kmm lekin jab se mene long term start kia he tab se asha profit gain kar raha hun lose kmm ho gea and profit jiada ho raha he
yes ' i am a newbie of Forex market . so i know that short term trading is a low invest and long term trade is a big invest. i am a little capital trader so i doing the short term trader and i earn of money.
short term we can apply when the marker moves fast and high trading volume, while open market london or USA market is open, we can trade the short term, or when there is no news we could scalping, for the long term we can use candlestick patterns the Daily or weekly timeframe with regard candlestick Monthly
I tried selecting them and try to develop my trade with a long-term trade so that way we will have this trade would be better for any market conditions we can use to gain an advantage in this trade.
What is your trading plan? How do you deal with the risk, management of money, etc.? You could be in serious danger sweep up your forex trading account if you do not fully understand these priorities before the trade.Describe your trading strategies in the face of clearly and do not deviate from it.
It totally depends on your capital and patience.
1. If you have good capital and good patience then one should go to aLong term Forex trading as one should have to wait for long time for profit.
2. And totally opposite for other one.
I should suggest one for daily Forex trading.