Every system that gives us consistent profits is good.It doesn't matters either it is short term or long term.every trader should choose his own trading style according to his capital,strategy and money management.
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Every system that gives us consistent profits is good.It doesn't matters either it is short term or long term.every trader should choose his own trading style according to his capital,strategy and money management.
sometimes I fell really good doing scalp in a demo account, but if in real account is too difficult to get profit, in the demo I was able to produce many green pips whereas if the real truly disappointing result may be in a demo account was loose and there is no responsibility in managing the accounts so emotions influence decision of transactions,Quote:
Originally Posted by s19
I do not know if I am trading using scalping technique full of ambition and emotion, then I strongly prefer to deal with long term
Yes there is a difference in demo and real. In demo we do not care about money but in real we have fear of losing money and that fear is the main cause of our losses. Also we got emotional when we see our account floating in negative.But its a natural thing and to succeed we have to overcome our emotions and fear.Quote:
Originally Posted by cumil
But long term is best if have large margin to to stop call of .Its make large profits ranging from 100-1000 pips if open trade for 4-10 months.But its possible to earn even in short time.
when determining the exit strategy is sometimes we are wrong in terms of its placement position and when out of the market we often late with the time that we use ..
to that required discipline and habits we are in a set position when going out of the strategy that we use in the Forex market
yes live and demo can not be same because live money will test your emotions so to test emotions you may have to do with live and you may lose some money in process of gaining experience. it is all about patience and why do not you go for long term there you would only require patience and your patience will earn you moneyQuote:
Originally Posted by blackprince4u
ye aik misconception ha k long term trade mein jiada experience k need hoti ha instead short mein hoti ha kuin ap ko fastly decision lene perte hain or long term me jiada stress nehe hota bus ager apko pata ho ga keb buy kareen or keb sell
Well i think that novice trader should select an reliable style on which he or she can do trade easily, in short term trading to handle your position is too much hard because i`m facing tis problem as newbie
One thing that i want to tell you that there is no consistent profit in this market
forex markets move so rapidly and change directions so fast that it is best to go for short term scalping trade, because then you move in and out real fast and are able to collect more money, of course you need to make a long term analysis also to be good in short term trading
friend i am not agree with you long term me kam experience or short term me jyda experience ki jarurat hoti hai.Quote:
Originally Posted by arihant
trading long term ho ya short term both need a good trading experience.
In my view first newbie start their trading for long term after gotting some experience they learn short term trading..