euro Posted October 3, 2013 Share Posted October 3, 2013 I think long term trading for newbie will be more profitable. Its more profitable cause its easier to enter and sell than short term or scalping. Its too much risk for newbie to scalp and they have little control over it sometimes since the price moves too quickly and can turn against them. Its hard for them to make money scalping but they can make profit easily in long term trade. Try entering the market right before market opens and then watch it rise and then sell. This is simple enough right. The price is usually low enough before market opens and by demand it will surely rise during the noon time and then sell by 3pm. 14 Quote Link to comment Share on other sites More sharing options...
Decub Posted January 10, 2014 Share Posted January 10, 2014 It is always advisable that newbies trade long term rather than short term. That way, they are having some good advantage to understand the market better than when they are trading short term. The smartness associated with long term trading is quite different from that of long term and it might result to him losing more often than leaving his position for long. 14 Quote Link to comment Share on other sites More sharing options...
standart Posted January 20, 2014 Share Posted January 20, 2014 well, long term approach safer since it require traders to spend small margin per trade. traders doesn't involve in volatility and less to open positions. technically, traders will open less positions that short term traders. which mean, chance to get loss result would be less too. Quote Link to comment Share on other sites More sharing options...
Stekin Posted February 4, 2014 Share Posted February 4, 2014 I agree with you. Long term trading will be better for the newbie traders because the chance to lose from the volatility will very small. It is the best type of trading that the newbie traders should start trading with. Long term trading will need that the trader will be patient. Quote Link to comment Share on other sites More sharing options...
standart Posted February 4, 2014 Share Posted February 4, 2014 the best way to newbies is take learning no matter the approach they will use in trading. however, before decide to become scalper or use other short term approach in trading, better if traders start learning to understand the market with long term strategy. traders should learn how to determine the trend first before modify the approach by take advantage from retrace movement. Quote Link to comment Share on other sites More sharing options...
adil007 Posted February 4, 2014 Share Posted February 4, 2014 I think if a trader has good knowledge of forex trading and his analysis is good he can make profits in both long term and short term trading, we cannot imply that a specific type of trading would be beneficial or profitable for newbies different time frames are liked by different people and we cannot also expect to make profits every time. Quote Link to comment Share on other sites More sharing options...
tray22 Posted February 7, 2014 Share Posted February 7, 2014 No do you consider that in shorter time frame the trader will need nothing rather than to play there like a game ?so its adviceable any newbie trader must follow this step and be sure that he trade in long time frame if want to succeed Quote Link to comment Share on other sites More sharing options...
surya77 Posted February 7, 2014 Share Posted February 7, 2014 Long term trading is required enough experience in forex trading, longterm also need big money so you return also big. if not you only wish time! but for newbies may $5000 is enough to going longterm trading. Quote Link to comment Share on other sites More sharing options...
Decub Posted March 12, 2014 Share Posted March 12, 2014 Newbies can also try short term trading but that is after they must have gotten some good trading skills and knowledge about Forex. Generally, there are a lot of benefits that come with long term trading and it accords the newbie some better chances of understanding the market better than short term. Quote Link to comment Share on other sites More sharing options...
tray22 Posted March 24, 2014 Share Posted March 24, 2014 I dont think so what I think is that newbie trader must trade lng term trading as it is the best for sure so it is not good for any trader to try to trade in forex without proper knowledge and skills which is really the best. Long term trading is very profitable and that is really the best for the newbie trader Quote Link to comment Share on other sites More sharing options...
Decub Posted April 2, 2014 Share Posted April 2, 2014 No doubt about that but we can't still deny the fact that a newbie wouldn't remain a newbie for life. There are such times when he should try life in the other end of the river. Generally, the best form of trading for a newbie is to trade on a longer term so as to take care of a lot of things and understand Forex movement much better. Long term trading remains the best for a newbie. Quote Link to comment Share on other sites More sharing options...
gaban Posted April 3, 2014 Share Posted April 3, 2014 If we have the skills and knowledge of good trading then we can trade in the long term. Forex is a very high-risk business. we can not guess the market is definitely 100%, therefore, we have to practice and learn trading so our trading skills will increase. so that we can trade in the long term Quote Link to comment Share on other sites More sharing options...
standart Posted April 3, 2014 Share Posted April 3, 2014 well, require to point out trend direction to riding the trend. so, technically, easier to implement long term trading. however, it depend on traders understanding regarding with market too. though newbies implement short term trading, but has good understanding about market pattern and movement, basically they can make profit whatever the method they use in trading. Quote Link to comment Share on other sites More sharing options...
rexway Posted April 3, 2014 Share Posted April 3, 2014 That is what is true long term trading is very good and it is the best for the traders as well so there is nothing to worry about. Forex is very good but attempting to trade it as short term may be a bit dangerous from what I can learn Quote Link to comment Share on other sites More sharing options...
Decub Posted April 4, 2014 Share Posted April 4, 2014 Long term trading offers traders especially the newbies a chance to get to know Forex the more. It gives them a better chance to understand the market the more. Trading short term on its own requires a better knowledge of the market and could be seen as something for more experience traders. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 6, 2014 Share Posted April 6, 2014 dear its our choice if we are new user then use short tern i can not use long tern i can use short tern trade.because i want little profit in forex which is best for me in forex .i can get small profit instead of loss that is best for me in trade. Quote Link to comment Share on other sites More sharing options...
waseemilyas Posted April 7, 2014 Share Posted April 7, 2014 Prolonged-Long lasting buying and advertising is required ample expertise in forex investing, longterm also will need huge dollars therefore you return also significant. Otherwise You just want time! but for newcomers might maybe $5000 is sufficient to heading longterm investing. Quote Link to comment Share on other sites More sharing options...
standart Posted April 8, 2014 Share Posted April 8, 2014 at least, long term approach require traders to point out the trend. moreover, default setting of indicators often work in high time frame. basically, has chance to get profit if newbies trade long term, and use high time frame chart. while if trade short term and use short time frame chart, has chance to loss since they lack experience to measuring fast changes of market. Quote Link to comment Share on other sites More sharing options...
Decub Posted April 10, 2014 Share Posted April 10, 2014 You are right, analyzing the market from a higher time frame offers more accuracy than on a shorter time frame and it gives a clearer view of the market. However, everyone wants to make quick money and no one wants to leave his position floating. That is basically the reason some newbies go for short term trading. Quote Link to comment Share on other sites More sharing options...
budado Posted July 5, 2014 Share Posted July 5, 2014 I don't think its only good for newbies but for all of us. Since I trade long term I only get MC twice in two years. Not bad at all. Problem is that this twice I got MC is a multiple MC since I do the same strategy in all of my accounts. But still its much better to get MC just once a year than to get MC many times. The more risk we take the more we end up getting MC. So its better to take less risk. Quote Link to comment Share on other sites More sharing options...
standart Posted July 6, 2014 Share Posted July 6, 2014 many traders choose to trade part time and they are implement long term approach in trading. they are set stop loss and take profit tool which lead them can leave the trades. the best is when traders choose to use "set and forget" approach. use long term approach and traders not necessary to monitoring their trades. Quote Link to comment Share on other sites More sharing options...
Decub Posted July 7, 2014 Share Posted July 7, 2014 Expecting to make fast money is also one of the fast ways o losing. It is better to trade in Forex with the assurance of making it after some time. Newbies seem to get more attracted to trading and making quick money. This reason gives rise to why some of them eventually lose from the market and quit. It is best if we see Forex as a way of earning but not in a very short period of time. Quote Link to comment Share on other sites More sharing options...
myregister Posted October 28, 2014 Share Posted October 28, 2014 This is depend on your own strategy once more and not just by some kind of research.I myself already tried scalp and swing but does not work well, even still making profit. So the only way to know is by keep trying and see which is more profitable for you, and not only by guessing, but if you love long term trading then just do it and hone it. Quote Link to comment Share on other sites More sharing options...
Milo Beck Posted November 2, 2014 Share Posted November 2, 2014 Yes, it is obvious that long term trading is always better not just for newbies but even for experts. Whenever we trade with good money management the risk level automatically drops which helps greatly to be able to succeed and especially for me trading with a broker like OctaFX, it is much easier to do long term trading due to their swap free account option, as I don’t need to fear of keeping the trade open and I can keep it for as long as I like without paying a penny. Quote Link to comment Share on other sites More sharing options...
myregister Posted November 2, 2014 Share Posted November 2, 2014 @milo: If we use our logic if our position is open for long time, there is a risk for our position. What is the guarantee that you will earn big with long term trading? What will happen if you loss? Do you loss less? i mean around only 10 pips or so? Quote Link to comment Share on other sites More sharing options...
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