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.
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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.
I agree but in my opinion in Forex long term trading is better then short time. short time thora risky hay. but short time karne ke liye mujhe lagta hay ki capital jada rakhna chahiye. or bohot jada experience and knowledge hona chahiye market ko samajna chahiye.
Of course we can do better trading with large capital but no doubt that people who have small capital can also gain a handsome amount of profit but they need to be short term trader and should trade at least 5 hours in a day.
Mery khyal sy tu short term he best hy kiun k long term main kisi b wkt agr koi big news aa jaye tu market ki direction he change ho jati hy jb k short term main ap profit ko jald he apny account main add kr lyty hen.
Mery khyal sy ap ghalat kah rahy hen, small investors ko long term trading main nhi aana chahye kiun k long term trader tu apni positions ko 2000 pips tk k loss main b hold rakhty hen jb k small investor k pass itna paisa nhi ho ga k wo position ko hold rakh sky
Small investors ko mery khyal sy short term trading he krni chahye kiun k short term trading main opportunities jyada milti hen earn krny ki tu small investor km capital sy he jyada profit bna skta hy.
Kuch average traders, i mean jo na jyada expert hon aur na he newbie, aisa krty hen k short term trading krty hen aur jb unki koi position loss main jati hy tu wo usko long term main convert kr dyty hen stop loss apply kiye bgair tu mery khyal sy un traders ko aisa nahi krna chahye kiun k market hmary against boht deep b ja skti hy kis sy sari investment k loss hony ka b khtra hota hy.
Ma apki bat nahi smajh saka k gold $30 to $40 ki movement krta hy. Ye dollars tu hmari lot size pe depend krty hen agr ap movement ko pips main btao tu jyada behtr ho ga aur ye k gold ki long term trading b boht fiada mand hy.
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.
Actually short term and long term trading, trader pe depend krti hy. Agr tu trader k pass small capital hy tb us k lye short term trading best hy aur agr investment jyada hy tb long term trading b kr sakta hy but long term k lye jyada experience and knowledge ki jarorat hoti hy.