yeah you can do a lot of trade with the short-term trading, but you also need to be careful in your trades with short because of course we should not be a lot to deal with market risks
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iam also using scalping techinique in my trade,
i think is very good strategy and its very simple, because we are only make or take a few pips in a day. you should not greed when do scalping. because this is always done by trader.
bhai sab kuch market par depend karta hai agar market tmhare favour me hai to long term kar sakte hai lekin usme risk badh jata hai phir...to jara dhyan se,,,,,
we must withdraw the money on weekly basis because in my opinion we must growing our capital with compounding.
while, i not yet to make withdraw routinely because sometime i became loss. i hope i will not get margin call again in the next trade because i has been tired of it. i will try the best in this business
we must routinely to make withdraw so it make me fresh.
if you can make withdraw for weekly or monthly i think is really good.
beside to make withdraw we are also must coompound our capital balance, so altough we make withdraw, our capital is grow too.
i think we can be able stay on short term if we can manage a time, so time management is usefull to not just a money management..
for me, i prefer short term and i just spend 1 until 2 hours per day.
if we has been like that with short term trading and then we have think change into the long term. what your opinion in this case?
or we has been success in forex and can get profit consistently but we are want to trading in the gold commodity. if me i just stay what i has been success on that. maybe i just learn for the other beside forex.
i agree with you. in long term trading there is no need to sit continue to in front of chart for watching the price movement.
and one other thing in long term trading there is need less analysis compair to short term trading. if we enter at right time like over sold or over bought levels then there is very less chance to hit stop loss.
longterm take this position when you feel you meet the support price of a long trend analysis. use of stop loss when taking a long trend is required. because longterm take a long time, while for you to wait scalping point by point or cut profit targets
short-term trading or everything can be done. it all depends on each trader for the technique mastered. when the sideway movement of short traders take advantage of this. while the long trader trading trend that play a role.