What is the best?

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Thread: What is the best?

  1. #1
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    Default What is the best?

    What is the best?
    Hi guys i want to know that . What is the best ?

    Short trade is best or Long trade?

  2. #2
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    I am sure, short time trading style is much appropriate for newbie?s and long term trading is not useful trading style for them. I have three years trading experience that?s way, now I am very interested on long time trading. In my live account, I can use any trading style including hedging because of flexible live trading offers of TradingBanks broker.

  3. #3
    Senior Member HundEr's Avatar
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    It depends on what kind of person you are. For example, I have little pation, so I prefer scalping. I just can't wait weeks for getting the profit. But somrtimes it doesn't matter if you like short or long term. For example, in the recent contest from Freshforex you can win a car (but its not very fast) and you can win cash every month. Or you can win the both.

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    Choosing a good broker is not an easy task in this market. There are so many scam or fake brokers in the forex market. If you are new in this market, you should choose that kind of broker who can teach you all the basics of forex like low spreads, high leverage and many more things. I am trading with TP Global FX. I choose them because they give me low spreads which is 0.01 pips. Their leverage is higher than many other brokers in the market. You can also try their demo account to know about their trading style. They have 56 pairs of FX. Overall, I like them for their all facilities and easy trading method.

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    Without a doubt long term trading is the most beneficial one. The wealthiest traders on the planet are generally financial specialists or long haul traders. In any case, long haul trading in forex market is exceptionally troublesome. We ought to choose low leverage or utilize vast capital. The other option is to utilize low leverage. This will at last affect the profits. Along these lines, most traders fall back on swing trading or day trading. I do trade at Eurotrader broker. It is a guideline broker with adequate liquidity. It in like manner gives ultra low spreads of 0.0 pip. And the minimum deposit of the broker is $50.

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    There is a demo account in forex trading. You can build up your forex knowledge by using this account. There's no fear of losing money in the demo account. There's no risk in the demo account. You can easily build up your knowledge by this account. I used a demo account at the very beginning now I trade with Forex4you. They are a very reliable broker. They are one of the best brokers I have ever worked. Their continuous help always make me pleased. I would suggest anyone this broker if anyone looking for a reliable one.

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    To enter Forex market is so much easy. With little amount you can kick off trading at any place. But the main deal is surviving that is really difficult. Because this market is too much volatile and no one can predict the real faction of this market with surely. so we have to pass a long time in here , if we want to get maximal result from here.

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    Traders should manage risk by limiting leverage usage. Leverage offers the opportunity to increase the profits from trading accounts, but it also increases the potential for risk. As an example, my broker Eurotrader offer 1:500, applying the leverage I can trade up to $50,000 (100 x 500). This means that traders will make a lot of money when the market moves in favor, but the risks are high as well.

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    I think Long Trade is the best. Emotions usually work in short trades. Although you can make a lot of profit by trading short it is very difficult to keep that profit. If you trade short, you will have less focus on risk rewards and money management. This is why it is often seen that long term traders are more successful than short term traders. Trading is not a game so you cannot trade open and close at any time.

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    in ro ham eslah kon:
    Especially in times of volatility money management is a crucial element of trading the financial markets. Beside of this risk management is also important element obviously. Without managing both of these a trader will never able to run a healthy business. Forex4you is a professional broker and they make my trade easy and comfortable by giving me both the risk and money management techniques to use. I have low spread from 0 pips and advance risk management.

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