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this kind of thing is a type of each. as only the traders who choose a system with scalping and traders who choose to longterm, and I think that choosing scalping traders are traders who have a lot of time so that it can always monitor the chart, in contrast with longterm traders because of time constraints
that depends on differnet style of trading ;
some trader likes to trade shorts by busy hour and other prefers to trade long terms (intraday for longer TP)
that need different strategies / analysis..
depends on the chart profile ; system gives signal by the price movement..
chart profile comes in different looks by each trading sessions...
yeah..agree with you..if u r doing good with the short term then u should not taking risk of long term trading...a trader has difffernt trading style...so u should use which suits best to ur trading strategy
each time frame does have a different candle time changes, it all depends on the time that we piih frae. but traders who play who play longterm certainly use the time frame above the h1.Quote:
Originally Posted by aryan
i dont understanding that how a chart profile select short term or long term trading.Quote:
Originally Posted by aryan
every one trade with their own trading system. soem trader made their system for long term and some made for short term trading. they open and clsoe their trade on base singnal of trading system not base on chart profile.
short term is good for day traders who wish to keep collecting profits daily even if it is small profits, long term is for those in job who can sit on a trade for months to let it hatch into profits, even if they miss several hundred pips in between
but the long trade always produce a big profit. you think the profit generated from the short play or large. which is better, because I wanted to finalize a short trade. and passion I love to see the graph for a long time.Quote:
Originally Posted by kanwaljit
I would always go for short term forex trading because of my small capital. Long term trading is ideally for traders who have large capital and are generally professional traders. Short term forex trading helps me to make profitable trades in most of the market moves.
I prefer doing long term trading , but still when opportunities exist for short term trading i do enter in market and try to exit with tp hit. In short term trading i always aim for around 10 to 20 pips profit only.