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I like long term trading. It is very helpful in achieving more profits. But for those who are less invested, short-term trade is good for them. They will make small trade and earn small profits. This way they will increase their balance. In future, they can trade long-term big. However, whatever it may be, the main goal will be to gain profits.
In trading in fact I consider i am a short term forex trader, and this as been really profitable and exciting as it provides better chances of trading, although with more false trade entry signal, but on a whole its been fine so far and thrilling. Long term traders enjoy more free time not trading but lesser profit also
Trading in forex market actually I think i don't have much time to always in front of my computer for managing my trade, so I prefer to choose long term trading in my trading. with long term trading, I can stay away from forex chart and do my main job. I just check my trading terminal after do my main job.
yes brother, absolutely to me, I personally do consider it depends on you. For long term trade you need enough patience and have the ability to control your emotions. Because it takes time to get profit but here you will get handsome profit. But in short term you can get small profit but within short time. So you have to decide which on is suitable for your mentality.
of course bro, absolutely I personally believe that it is better if we can do short term and long term in one time. while we holding one order, we can take a new order after certain pips from our previous order and we will gain more profits than just holding for one order. we can lock our profits with trailingstop tools, then open new orders when we get a new signal for entry position.
of course generally my dear, It’s no double that to me I use short term trading, such as daily trading, because i just open position once or twice a day and close the position at the same day if it possible. If it is not possible, then i can close my position in the next day.
It’s no double that when we trade in forex short term forex trading is known as the scalping . and it is very earnable to but so risky . actually it is for the expreinces forex traders . and the long time for ex trading is good for the new traders and it is low risk . so I think it is perfict for the forex traders .
I think they not focus on long term planning most of traders like to make money daily in forex that's not bad all but they should long term profits also I think we should open one trading account for daily earning and one account for long term trading goal
Maximum trader think only short term plan, they never make long term plan and they never think about there success. When they open there terminal that time they make trade without any reason. For this reason maximum time they make loss & they never develop there skill. Only those trader who takes forex business seriously they are able to develop there skill.
forex ke business me trader ke pas jaisa experience hoga wo esme waise he short aur long time me kaam kar sakta hai,esme trader ko acha sa trading system market me banalena chahiye aur uske liye esme trader ko ache se practice karna hoga..