for short time trading,scalping, i believe you need loads of experience and a proper sense of risk management as well of controlling of fear and greed. so, it better for a newbie to trade long term. it gives you more time to react.
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for short time trading,scalping, i believe you need loads of experience and a proper sense of risk management as well of controlling of fear and greed. so, it better for a newbie to trade long term. it gives you more time to react.
Forex trading business main agar hum kuch time ke liye trade karte hain yani apni order ko open rakhte hain to ye short time trad hoti ha or agar hum apni trad ko ziada arsa ke liye open rakhte hain to ye long term trad hoti ha. or main takreban 3 years se forex trading kar raha hon or main long term trade hi karta hon. it is best than short time.
I personnaly do the two types of trading long and short term trading because i want to learn and become a good experienced trader by short term trading when i can do analysis and strategies all day long and i do long term trading because the profits are bigger and sometimes i do not have a lot of free time
hume huemsah apni trade per dyaan dena chahiy jaisa humare trade hogi hum wise hi kaam kar lenge mai to hume samghdare ke sath trade karta hun mughe bhaut hi jayda maza ata hai isse acha mughe kuch bhi nhi lagta hai.
I personally prefer short term trading because trading in a longer term trad and it has not gotten from where you are to take profit, most times you will fine out that the market will retrace against you. but when trading a short term trade you can take profit as much as you want because the candle stick is an up and down movement.
i think that most of the trader is also just choose to use the short term trading only, and just some of them want to trade for the long term, because trading for the long term is also need to spend many time to wait and many trader do not patient on it
Both the short term and the long term analysis methods are actually good and valid ways that we can trade forex business. We traders should simply make sure that we learn the one that we desire and use it wisely.
I'm temporary trader since my capital expense is also lower in true account for extended term trading need big capital expense and patience.