Community Forex Questions
Long term or scalping?
I trade both long term and scalping but mostly I like long term trading. Scalping trading is good but it risks too much. I mostly use a big lot, but sometimes the market moves against my direction then it brings more losses. On the other hand, long-term trade gives me more confidence and here I trade following trends, fundamentals, and technicals. I also use stop-loss using support and resistance.
Both have their pros and cons. While scalping is often considered to be a good option I find it better to go slow with it so as not to risk too much. Long term trading is on the whole better as you get to get a better feel of the market in my opinion.
Long-term investing and scalping represent two distinct approaches to trading in financial markets. Long-term investing involves holding assets for an extended period, often years, with the expectation that their value will appreciate over time. This strategy is driven by fundamental analysis, focusing on the overall health and potential growth of an asset.
On the other hand, scalping is a short-term trading strategy where traders aim to capitalize on small price fluctuations. Scalpers typically make numerous trades within a day, holding positions for very brief periods, sometimes just seconds. This approach relies heavily on technical analysis and market volatility.
Both long-term investing and scalping have their merits and risks. Long-term strategies require patience and a thorough understanding of market trends, while scalping demands quick decision-making and a keen eye for short-term market movements. The choice between these approaches depends on an individual's risk tolerance, investment goals, and preferred trading style.
On the other hand, scalping is a short-term trading strategy where traders aim to capitalize on small price fluctuations. Scalpers typically make numerous trades within a day, holding positions for very brief periods, sometimes just seconds. This approach relies heavily on technical analysis and market volatility.
Both long-term investing and scalping have their merits and risks. Long-term strategies require patience and a thorough understanding of market trends, while scalping demands quick decision-making and a keen eye for short-term market movements. The choice between these approaches depends on an individual's risk tolerance, investment goals, and preferred trading style.
Aug 31, 2021 18:49