yes In any business , hard work is very much required, without that in any business you will not get success.You need to aplly good technical and the fundamental analysis to be on the top of the forex
Printable View
yes In any business , hard work is very much required, without that in any business you will not get success.You need to aplly good technical and the fundamental analysis to be on the top of the forex
I believe that 20 pips are setted as an accourding to your trading system and money management...i set 150pips as a accourding to my system and the money management but that is so maximum if see feel that market is going opposite then i close my trading !!!
For me I prefer to do short term trade because short termes as a trade does not keep me in tension for long time.I can getted as a profites as a shortly from short term trades.On the other hand,long term trade gives me profit after long time.So,I like to do short term trades really !!
Main short term trader hoon aur main samajhta hoon ki short term trading long term trading ke comparison zyada profitable hota hai.Kyunki humein short term mey zyada earning opportunities milti hain,agar hum caution ke saath trade karein toh hum is tarah sey trade karke small account mey bhi accha profit kama saktey hain.
The 20 pips target is just like day trading in time frames like 30 minutes, it is short term. Long term involves holding a trade for days, weeks, months and in some occassions even yearsQuote:
Originally Posted by kdawaca
trading with emotions will make you loose and you'll never be a good tare as you willnt be bale to trade with whats required and thats what will make you really loose the market of forex trading emotion should be ignored in all sorts of business..anybody in Forex should not think by emotions..otherwise he would not be able to get success in Forex..everybody should keep patience and work with perfection and dedication rather than to think with emotions..Quote:
Originally Posted by Victoryindia
Brother, I personally prefer short term trading because in short term trading you can trade easily, although it is full with tension, but if you have limited capital then it is necessary to trade within the limits, and if I try long term with limited capital then mostly I see my account blow up.Quote:
Originally Posted by Victoryindia
actually i think thyat the twice can be really good to the trader so this is what you have to do try the twice
as a beginner I would rather do a short-term trading, so that I can benefit even slightly. which is important to be consistent in getting uang.trading also very good long term we can menggunaklan TP up to 100 pips, but with the condition that we have appropriate systems and analysis
Dear i think we can do long time trading and also can do short time trading in our free time but i think and i also prefer on long time trading because if we spend our all the time on Forex trading then we get good profit and if we want to do short time trading then we need more practice and more time to get profit in Forex trading business.