I prefer short time Forex trading rather long term because i want to make some quick money through Forex trading. You as a trader may choose long term trading because it will give you more opportunity to make more money.
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I prefer short time Forex trading rather long term because i want to make some quick money through Forex trading. You as a trader may choose long term trading because it will give you more opportunity to make more money.
There are traders who specifically chose the way of short-term trading such as scalping strategy. There is also a trader who chooses only briefly in front of the computer, open a few positions and closed the computer, check the position 3 or 6 hours later. I think, is the right of each trader to determine which type of the selected time.
yes it will be short term or long term but if it will long term than hope risk is minimize and profit is high.I am always believe long term forex trading.
i prefer to close my positions by the end of the day, this makes you feel comfort and not worried about them
except if the position is floating in minus, it is better to leave it and even set the TP on the entry point
i don't like long term trading because it needs large capital and cold emotions all the time
even with the same strategy short term traders like scalpers or intraday traders are not making the same money management as the long term traders
it is more hard for them, also some pairs can be traded in long term and can't be traded at all in short term trading
i used to do short time trading and scalping strategy for making quick money with high risking mentality but this is too much risky that i understand lately ..so i switch my strategy into long term ..now i m making small amount of profit so easily without taking too much mental pressure
different people do the different trade ,someone do short term and someone do long term, i think when the market is more volatile then you doQuote:
Originally Posted by BANGUN
short term and when not move then you will do long term , it is the best of all trader.
I should consider forex trading my full time job. but the trader can take high leverage and the adoption of this high degree of leverage that can benefit, as their deep knowledge and effective so that they can make a good living is easy with the usual leveraged
someone do day trade and someone do long term, i think when the market is more volatile then you do dayit term and when not move then you will do long term , it is better to earn profit.Quote:
Originally Posted by whiteid
I favor limited time Forex currency trading somewhat long-term because i wish to help to make some rapid funds through Forex currency trading. People being a dealer may well pick long-term buying and selling because it provides you with additional possiblity to bringin more cash.
If I have big capital, i prefer on long term trading cause it needs bigger capital than short term. Big capital means bigger chance to hold higher volatile of price on market.
I think forex trade is best for all people if they want to trade in forex . So people will work continue in forex with their knowledge . If some one trade like short term then he can earn short profit and if some one trade long term then he can earn huge profit from forex trade .
As a newbie I am not in position to say any thing on your question but I think it should be part time in the beginning and when trader has gotten some knowledge and handy experience it should be full time and thus it will be a good source of income for him.
I am fully agree with you . its totally depend on traders and on his understanding . i also think both are profitable if we have proper knowledge and if not then forex is dangerous . i think we can open long as well short for quick profit and long for handsome pips but all is need to good experience and skill in forex.
its not true short time trade causes loss all time but its also great way to earn quick profit if our analysis is correct and take entry at the good time . anyway there is no doubt with long to follow the trend its low risk but short also not bad and scalping is another things
---------- Post added at 01:20 PM ---------- Previous post was at 01:10 PM ----------
yes i also believe short and long is not much important things but the important things is that in which method like trader and in which they feel comfortable . anyway both are need skill and if such have then both are opportunity to earn green pips.
I think its also have great movement when its go down. personally i dont trade gold and silver but watch both price which have great movement when uptrend and downtrend . so its really risky with low capital if we wish for long.
Short term Forex trading is not good always. it can be risky if you have not enough money and experiences. Long term can be good for any trader but you need very patience and always take minimum risk against your capital.
There is position term trade and there is month long dimension trade similar day trading , work trading . Also what others make mentioned like scalping , it is the technique of trading to fulfill transactions for tangent phase of period.
I think long term Forex trading is stable for all.Short term trading may you give some profit quickly but not a constant measure.When you arrange your trading strategy for long term goal it will give you constant profit for long time.
short term and long term trade business are both good.short term business has no rick and long term business is risk but both business are good for our because we are earn money by both business.
yes i think actually like that. trading in a long term i think it same as swing trading.Quote:
Originally Posted by Bhavik Patel
and a swing trading is a good strategy for big capital because maybe the trader only make small target in a mothly.
short time trading or long term trading it's a rely on individual emotion as well as patient if you have much patient then you follow long term trade other wise you can take short term trading plan i think both trading are good if one person make a proper strategy
The commodities that exists in forex trading business like gold and silver best works in forex trading on a long term basis. If we set a short term target in it, our stop loss will be hit most of the time incurring losses for we traders.Quote:
Originally Posted by aum
If by short term trader you mean scalper then I will not agree with you. A trader with $50 can earn another $50 in two days if he trade well and follow the trend (consistent or ranging). To me that is good earning. You do not need to scalp to make good earning in forex trading.
short term trading is good and it is being used on a daily basis by intra-day traders around the world.
long term trading is also good and it is being used on a daily basis by professional and expert traders.
so it is up to the trader which one he will use in his trading career.
By long term trading, you should be talking about leaving your trade to run for more than 2 days and with a target over 150 points. If your trade just targets 50 to 100 points and it ends within 24hrs, then that is a short term trade.
it is depend on trader,if you have huge money to invest you can do long term trade or if you have short money you can do short term trade in forex
If you wish to trade long term, then you should be a good follower of fundamental analysis because this is when you will be able to know when a trend might be ending and another trend starting. You will also be able to detect short term trend and then find out when they will consolidate using technical analysis.
i am a short time trader because my capital is small. Forex trading is a long term process. long term trading can make more profits but here one should have patience.
if I have a large capital, I prefer to do long term trading, but at this time because I have a small capital, I prefer the short term trading. But scalping is not well, just do intraday trading on support and resistance.
I think it will depend upon your capital if it is less in that case you may plan for short term trading and if it is a considerable amount in that case you may plan for long term trading but personally i htink it is always better to go for short term the chance of profit may be a bit less but at the same time chance of loss will also be less.
was right, if you look at the ongoing trend, it could use a broader timeframe. But if the trader is a type of scalping, then do not need a longer time frame, just 15 minutes to get the advantage in quick time.
each one has its advantages and disadvantages. The fact that short term trader could earn huge profits in a short time is right, but the risk is too high. And long-time trader takes patience, but the level of risk is lower, and profits may not amount to much
to this day I still do short term trading, because I have a daily target. Although it is quite difficult in daily trading, but I get more benefit if trading every day. And I'm also not the type that they want to wait too long in the open position.
I always target short term trading ,because my created is very short so short time trade there is more chances to win.so me like short tread.
I trade every day, and sometimes do scalping, depending on market circumstances that I faced. I will not be fixated on just one method of trading, because I was a trader is flexible. If I just focus on one method of trading, I often loss when the market does not fit with the style of trading that I have.
I'd rather be an intraday trader or day trader. Because I have a daily profit target I want to accomplish. But if one day I'll have more capital, then I would be a long term trader because I think a safer and more relaxed.
traders follow this trading as a short term trading and long time trading both trading are most important in case of success in this trading.
I always mark polysyllabic statue trading but my emotions accomplish me to move squirting interchange which i contrived for oblong term, so it becomes retentiveness statue trading, One should somebody lot of cards to go for long constituent.
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.