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I agree with your opinion that the atu way to survive in this business is to save our trading capital budget for the capital budget menghmat then we still have a long time to survive in this business and learn to succeedQuote:
Originally Posted by aryan
Everyone sets his target according to his own strategy for me 10 pips daily are enough with 1 standard lot size.If i get 10 pips i close my terminal and do not trade more and when my equity will increase i'll increase my lot size to get more profit.
This is the best strategy you have used and best way to trade.Initially you must aim at making number of pips on regular basis and once you are successful in doing that you can always increase your profits by increasing the lot size.Quote:
Originally Posted by dimdim
Since long term trading or position trading is done based on fundamentals , larger capital is required so the trader does not have to even bother about 50 pip - 100 pip movement in reverse direction and has to continue with his trade.It has to be done properly with good analysis.
yes, so i think it depend by each trader.Quote:
Originally Posted by bhanu
what the strategy that suitable with their. for me, i choose short term altough i do analysis for long term. i just take a few pips and i dont want to wait for long time see my open position.
It is good to do short term trading or achieve short term targets and withdraw your money on weekly basis after leaving some funds for trading.Do not trade with profits you earn and always withdraw them on weekly basis.
that is good idea, i think you have good thinking to save our profit so when we get a loss, our profit is not affected because we has been withdraw it.Quote:
Originally Posted by hiren
so make a routinely withdraw is very important to do. as you say do in weekly basis, but for me better to make withdraw in monthly basis, and we must confident with ownself that we can withstand your own account for long time.
Its good advice from you that we should withdraw our profit continuously, in my opinion long term trading is more complicated than short term trading so we should focus on short term trading as you said.Quote:
Originally Posted by hiren
hmm. a very good habit, I would like to withdraw each week, but unfourtunely I just withdraw each month, I just WD $ 50 because my capital was only $ 100,Quote:
Originally Posted by hiren
one time when my capital up to $ 1000 then I will make it a habit WD $ 500 per month , .. hopefully can be accumulated up to that amount, and I will be long-term investment
short term or long term dono traders k liye faida mand hane short time trade ka ye faida ha k app jaldi jaldi profit kama saktey hane or kam balance kioun na ho app k account main par long term main app ko large capital or ziyada time ki zarorat hoti ha per es ki ek dafa ki trade he app ko kafi profit de jati ha es liye ye dono app k liye achi haneQuote:
Originally Posted by Victoryindia