Short term forex trading or Long term forex trading?

My trading style is short term. but if it is floating minus, I let it hit the stop loss position. I like trading using scalping style. but I have not been able to discipline, so I still got a loss, I have to discipline the rule trading system and money management

Both type of trading in this market. I think both trading style is very good. So trader need to match their own psychology and trade with that trading style that is very useful for trader.

I was always short term option to trade because it is right for me so I can make a profit in a short time, sometimes I can use your analysis and begin to open position and can make a profit soon

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Originally Posted by mayengbam

i agree whether you are a short-term or long-term trader, setting a stop loss is a good strategy to check the amount of loss, its very important to limit the losses for we a seeking good profits at the end so unless we minimize the loss we cant have good profits

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Yes brother i like to continue forex trading although i got losses but its depend on my mentally satisfaction and preparation when i become more upset about any trade then i never i like to open again another new trade after losing money.

Actually in Forex, short or long term both is important and useful. I think long term trading is more safe than short term trade. In short term trade sometime we may do some mistake because of emotion and that can lead us to loss. Depending on the situation I do both of them but maximum time I prefer to the long term trade. Thank you.

it depend upon you what is your strategy and how well you understand the market that is will give you profit in the long run or in the short run.i think we use short run in currency and long run in commodities.

if anyone need out to do long term forex trading, he ought to have a considerable capital in account in addition to aware on your long term trend. i'll like out to trade long term other then there's problem of capital that why doing short term trading.

it takes some time to be a long term trader, first we need to gather funds and then we should get some good control over our emotions

I dont know that if Forex treading is a short term or a long term business. I only know that Forex is a profitable business for all and it is a very short cut way to huge earn money. I think in present this Forex treading is a very important and profitable business.

i feel long term positional trading could well be done just by most experienced skilled traders. because you are a beginner i simply dream concerning long term trading as currently now, however preparing for it