Because forex is a long term business. Over a night or day getting success from forex will never be possible. If you really want to become successful in forex market then you must invest big amount also you must have a long term plan. Long term plan will make forex easy to you. Do not think over a night or day you will get success from forex market.
Long term trading is a stress free way to trade in the forex market, it also gives more accurate trading opportunities more than scalp trading, long term trading gives you much break from the market so you can be able to have time for yourself, family and friend if you are a long term trader but short term trading is not like that.
The traders that make good money in forex think in terms of long term, I guess that is why people like George Soros can hold a position for a whole year and see it as normal, this kind of person does not bother with what is happening with price every day because he knows his ultimate target.
Investing for a long term is much easier especially for the people that have the patience, there are different set of people in the market, some traders cannot leave their trades over the weekend because they day traders, everyone cannot use same method or strategy.
Long-term trading is preferable to short-term trading because it is easy to determine the direction of the market for a long period by means of news or technical indicators. I recommend daily or weekly trading which is very successful for the trader.
In so much that investing on a long-term is better, not everyone can do it, there are various strategies that people adopt for their trading, hence the results we get are different, forex is so broad that one approach is not sufficient for all traders to use, research what is compatible with your personality.
investing for a long time is actully with less stress and this brings about the peace of mind because it allows the trader to use his time for some other things that can bring him more money and happiness and also be able to do what is needed for his immediate family because he is in charge of his own time .
Short term trading is quite difficult and so that long term investment is good in Forex market . Trader can easily predict the market of long term . There are no confusion of making profit for long investment . But for long investment needs big capital money . After a month trader definitely earn some profit from Forex if trade is for long term .
on long term trading we will be ableto make more money because we will get more experience and more capital by making of more profitsand compounding of them, also on long term we can make stable income with forex profits and so this will be good and profitable on long term and the trader can live better.
Yes, long term trading is little reliable than the short term because it is easy to study the long term chart and taking its analysis but the short term trading is based on big lot sized and the price can strictly moved elsewhere so that's why most of traders are not fully understood this types of charts but giving the time to the long term trading but i want to recommend the way of earning as scalping and must used it by applying the different trend tools and indicators and also used your knowledge and experience.
Forex Forum mt5.com – Introduction.
Forex market is high-yield and risky
mean of taking profit by operations with the currency rates. Instruments
of work at Forex market in many ways determine the result of currency
trading made by Forex market participants – brokersí clients. Every
Forex broker offers its own terminal, however the most part of brokers
and traders concur in choosing MetaTrader 4 and MetaTrader 5 terminals.
This forum is created for those who prefer the terminal of MetaTrader
series in trading on Forex.
Forex Forum mt5.com – trade discussion.
Forex market forecasts, independent
opinions of novice traders and experts of the currency market – all
this you will find at the Forex-forum of trades discussion. Solid experience
of work on Forex is preferable, but all comers including Forex-newbies
may come and share their opinion as well. Mutual help and dialog –
the main goal of communication at Forex-forum, devoted to trading.
Forex Forum mt5.com – dialog with
brokers and traders (about brokers).
If you have negative or positive experience
of work with Forex broker – share it at Forex Forum, related to the
questions of Forex service quality. You can leave a comment about your
broker telling about advantages or drawbacks of work at Forex with it.
The aggregate tradersí reviews of brokers constitute a rating. In
this rating you can see the leaders and outsiders of the Forex services
Free discussions at the Forex Forum
You are a trader and want to relax?
Then Forex Forum for free discussions is for you. There are no doubts
that conversation on subjects close to Forex market is preferential.
Here you will find jokes about traders, caricature of Forex brokers
and full-rate Forex off top.
Bonuses for communication at Forex
This forum is created by traders for
traders and is meant for deriving of profit. However, each post at the
Forex forum gives its author a forex bonus, which can be used in Forex trading
at the account opened with one of the forumís sponsors. This small
gift is presented with the aim to reward professional traders for spent
time at our forum.
We appreciate your choice of Forex
forum mt5.com as a platform for communication.