Really? Long term is worth the wait?
Member Since Jan 11, 2019
147 posts
Oct 28, 2020 at 09:24
depending on the market and the instrument you are trading in.
Oct 28, 2020 at 13:28
Going for long term trades is definitely a profitable situation is you are able to balance between the swap charges and the profit. Make sure that your swaps do not surpass the profits you earn.
The more your practice, the more you learn.
Oct 30, 2020 at 10:12
It is definitely worth it fi you are not able to go for short term. It also depends on you because different people with different things. Long term may work for you or it may not. You can therefore try not ahd find out which one works for you. It is the best approach to it.
Member Since Dec 10, 2019
18 posts
Oct 30, 2020 at 10:50
If you want to make it in forex and you are having a hard time then it is best if you go for long term. You may not see significant result in the beginning but after awhile when things start kicking goof you will be able to see.
Member Since Jul 23, 2020
869 posts
Nov 01, 2020 at 06:02
Robert647373 posted:That’s right. But long-term trade has potential to make big money compare to the small trade.
Long trades are good, of course, but the problem is that there are no exact guarantees that a long trade will not only not bring you profit, but also will not blow up your account. It is often difficult to pinpoint the direction of the price.
Member Since Oct 14, 2020
25 posts
Nov 20, 2020 at 06:53
It is best to invest in the forex market for long-term if you want to safeguard yourself from big losses.
Member Since Nov 03, 2020
65 posts
Nov 20, 2020 at 08:16
Many people do not want to invest for a long time, because they do not understand what we are talking about here, you make mistakes because you want to quickly get profit.
Nov 24, 2020 at 04:18
Indeed, long term trading requires extreme patience and a sound capital. You cannot manage to get profits on long term trades with tiny investments. Swap charges is one of the reason why long term trades are not fruit full with less capital s almost all or your capital will be eaten up by the swap charges. Further long term trade also involves many huge market movements, thus less capital will close your trades during draw downs.
The more your practice, the more you learn.
Nov 24, 2020 at 13:08
There are many tools that are safe havens for long-term trading, when you can know that in any case, you can foresee movement in the future, such as strategic resources (Gold, for example). Speculative instruments with a more volatile pattern of movement and unpredictability of movement in long-term trading are more suitable for those who trade faster. At the same time, I consider long-term investment in a trading instrument less risky.
forex_trader_350575
Member Since Aug 09, 2016
8 posts
Nov 24, 2020 at 14:38
Many new people to trading often want to make fast money with small capital trying to get rich overnight and that is the first biggest mistake not understanding how the market works.
2nd mistake often related to account funds,margin and traded lots size were they tend to increase lots size wrong in relationship to account funds and suddenly gets a margin called.
3rd mistake,they don't seems interested to learn and get familiar with basic important terms such as spread,slippage,account stop levels. What is pip,point,ticksize,news...and how all this impact an order placed.
Long-term investments in my opinion is the best way to grow a capital along with good money management and strategy,steady and safe. Patience is a key factor which many don't have but as usual in many cases - driven by greed they dig their own hole to fall down in and eventually loose it all in lack of knowledge and understanding. That then becomes the 1st hard key lesson to learn and keep in mind and fall back to.
2nd mistake often related to account funds,margin and traded lots size were they tend to increase lots size wrong in relationship to account funds and suddenly gets a margin called.
3rd mistake,they don't seems interested to learn and get familiar with basic important terms such as spread,slippage,account stop levels. What is pip,point,ticksize,news...and how all this impact an order placed.
Long-term investments in my opinion is the best way to grow a capital along with good money management and strategy,steady and safe. Patience is a key factor which many don't have but as usual in many cases - driven by greed they dig their own hole to fall down in and eventually loose it all in lack of knowledge and understanding. That then becomes the 1st hard key lesson to learn and keep in mind and fall back to.
Member Since Jul 20, 2019
373 posts
Nov 24, 2020 at 15:02
Long time frames: low risk, short time frames: high risk. Big profits: high risk, low profits: low risk. Really simple.
Always invest into more than just one thing. If one thing is losing big time, the other one could still give you a huge profit (if both was invested in a correct way (e.g. hedged)). That's how those low interest rates from banks, funds and insurance agencies result; especially hedge funds can have huge losses (a max. DD of 20% is the main thing for huge fund managers) but also huge profits at the same time (because they're hedged). It's just a question of risk/reward, money management and consistency. On the long run the banks will always win, because they have the bigger equity/liquidity than you. You can only win if you're trading consistent (no huge up and downs and being humble (no greed)). At the end no one will make money fast, only gamblers do that from time to time (they still need to be lucky enough to get all their money out of their accounts after a huge profit happened). 😉
Always invest into more than just one thing. If one thing is losing big time, the other one could still give you a huge profit (if both was invested in a correct way (e.g. hedged)). That's how those low interest rates from banks, funds and insurance agencies result; especially hedge funds can have huge losses (a max. DD of 20% is the main thing for huge fund managers) but also huge profits at the same time (because they're hedged). It's just a question of risk/reward, money management and consistency. On the long run the banks will always win, because they have the bigger equity/liquidity than you. You can only win if you're trading consistent (no huge up and downs and being humble (no greed)). At the end no one will make money fast, only gamblers do that from time to time (they still need to be lucky enough to get all their money out of their accounts after a huge profit happened). 😉
patience is the key
Jan 06, 2022 at 05:17
Whether it’s trading or investing, financial markets are always very uncertain and you can never truly predict whether holding on a trade will be worth it or not. However, if you plan to employ long term strategy in your trading then it’s a good idea to fundamentally analyse the pairs and the underlying economies thoroughly.
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