And 'best forex for a long or short term? It all depends on your personal characteristics as a trader. Let me explain in detail
Long-Term Forex Trading
In the long term traders are frequently called Traders position. They analyze the market as a big picture, and then open the properties trades when they see that the situation is right, according to their analysis. Then you can hold on to their positions for days or weeks. In the long term trading is suitable for merchants with more patience and are able to wait for a longer time to see the returns
In the long term traders are frequently called Traders position. They analyze the market as a big picture, and then open the properties trades when they see that the situation is right, according to their analysis. Then you can hold on to their positions for days or weeks. In the long term trading is suitable for merchants with more patience and are able to wait for a longer time to see the returns
Short-Term Forex Trading
A short-term traders may be day traders or scalpers. Day-traders are traders whose trades the previous 1-2 days. Some traders start trading after processing, and then let them all night and the next morning, we check whether the properties hit a gain or loss. Scalper traders are aiming to win just recently a small amount of seeds in a very very short time. Their scalping trades usually do not last very long ... by moments of one hour
A short-term traders may be day traders or scalpers. Day-traders are traders whose trades the previous 1-2 days. Some traders start trading after processing, and then let them all night and the next morning, we check whether the properties hit a gain or loss. Scalper traders are aiming to win just recently a small amount of seeds in a very very short time. Their scalping trades usually do not last very long ... by moments of one hour
Both long term and Short-Term Trading Trading has its advantages and disadvantages, but from what I read in my personal experience and opinion, continuous trading is the better of the two due to several reasons
1. A long-term trading free time. The analysis can be wrapped in maybe a few minutes to several hours a week and when a good commercial choice is identified, you can run and pass the rest of your time working on your job or bargain with the family
2. A long-term trading is less risky. You can see the big picture when you zoom in to see the daily and weekly charts. Most of the time, you lose a lot of jobs even if you plan the right way just because of random motion of the market that affects our doors losses. But long-term trading, these types of movements are not random enough to get in touch with our doors and go into losses at the end of our course - if we are really right and not a reversal occurs
3. A long-term trading gives you more standby time. You see, the crisis scalpers to fix their eyes on their screens when commercial properties, clearly watching the market move up and down. They seek to identify opportunities and take them almost immediately. But long-term trading will take place hours to make up your mind to trade or not trade
No comments:
Post a Comment