Yeah, you have to control your emotions in all types of trading. anyhow long term gives you a big profit in once and short terms give you in pieces but quickly
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Yeah, you have to control your emotions in all types of trading. anyhow long term gives you a big profit in once and short terms give you in pieces but quickly
shortterm and longterm I think it was all different and we have to do from the lowest risks with longterm and that is how it started is good so that we will be ready to accept science ****ually and that is what is most correct thing and we have to be patient.:yahoo:
short term forex tarding hi best hai kion ki trade is main jaldi close ho jati hai aur long term main trade jaldi close nahin hoti yehi farq hai long term main aur short term main
Price will move in a pre-determined direction if traders watch trend from larger timeframes only Forex is a means through which one can trade for money and is risk involve as if For me if a position is opened for more than a day i consider it as long term trade If the position is closed in the same day i will call then but with short term trading we will need to take higher risk also namely This is based on normal movement and you can trade in the high volume market
Hoping that every trade you take will be a winner is foolish. When a trader “hopes” for a winning trade they are also expecting a favorable outcome, and this sets them up for whole host of emotional trading errors because when you expect something to happen and it doesn’t, it typically makes you sad, angry or regretful. It is much better to simply take a realistic view on every trade, and that means understanding that whilst you might have an effective trading strategy, that does not mean every trade will be a winner
short term trading is good way of trading when you will trade in the forex market as the forex market is very much volatile in which you can get loss at any time so just try to place trade with proper stop loss and take profit.
you can make strong trading decisions that support positions that you're holding. You should never be making trades just to make them. You should be able to explain them to a third party if you had to. If you follow this rule, it will help you avoid making an "I'm bored" trade. Real trading, especially big picture trading, can be boring and slow. Many traders are brought in and told to trade fast and leveraged, and that is why there are so many failed forex traders.
Long-term trading or short term trading, it depends on the time we have, if we had more time, we can trade in the short term to make the maximum profit, but if we are busy. we can trade short-term
I trade both short term and long term. if you are taught to trade long term and it is working for you I see no reasons why you will not want to continue trading like that. if you are also willing to learn something new, why not try your hands out on the short term . I want you to just understand that it has to do with the strategy you are applying.