Learn forex article this time will discuss about trading style, short term or long term. Between long-term trading (long term trading) and short-term trading (short term trading), which is better? In General, most traders prefer to trade on a daily basis (short term trading) to take just a few pips profit target and trading several times in 1 day. But the difficulty is trying to be able to consistently achieve the profit you want. Patience to be able to take 20 – 30 pips every day and repeat it continuously, it will make you sick. And in the end make the mistake that leads to the floating loss is great.
In fact if you can consistently do this – i.e. manner determine your daily profit target – then you will be able to control how your trading and your profit, of course. If there is a trend of the long (long term), but in that short period of time (short term) is indeed often makes you feel in doubt whether this is really reliable. And you will never know when it's time a trend will turn around the direction, this is certainly a very risky because it would threaten the profit that you have collected. Hence very few traders who play for long term, this might be one of the causes.
Long term trading requires knowledge economic fundamentals are very complicated. Fundamnetal economy takes a very long time to dig it. Knowledge of the fundamentals of the economy were a step forward, but in practice in forex trading is another question that may make you confused. Long term trading action usually requires a bit more because of the momentum or trend that big doesn't happen every day. The style of this kind of trading is not suitable for traders who rely solely on luck alone. If you thinks back, long term trader is actually more had the chance to print a profit than shor term trader.
But whatever the reason, you can achieve good profit from short term trading or long term trading as long as you have the basic knowledge to do analysis in a technical or fundamental. Between both the trading system, which is better? Surely this depends heavily with your style of each. What is clear, please choose your forex strategy and do it consistently to achieve profit in forex trading. Evaluation of trading system that you use and continue to learn forex to improve your trading.
But whatever the reason, you can achieve good profit from short term trading or long term trading as long as you have the basic knowledge to do analysis in a technical or fundamental. Between both the trading system, which is better? Surely this depends heavily with your style of each. What is clear, please choose your forex strategy and do it consistently to achieve profit in forex trading. Evaluation of trading system that you use and continue to learn forex to improve your trading.