Trading for Short Term Or Long Term?

Some traders are still confusing in deciding whether trading long term or short term. Many beginners trade for short terms like doing scalping with big lot, taking some small profit in minutes, they think that this is the best way to earn money in short time, but in this way when their open position put against the market movement most of them let it get minus until getting the margin call. It's so naif I think.

These are some suggestion for beginners so that they know when they are trading for long or short term.

- Long term
            If you have not enough time to trade because you are employees, busy businessmen, etc, better you take the long term trading. Of course in long term trading traders should 99% understand how and when to enter the market so that they know the best trend to follow and in what price to set stop loss and take profit. Sometimes this trading style need very strict money management and more capital than when for short term.

- Short term
           For choosing short term trading we should prepare the best time, body fit and fresh mental. Those are very important because it will let you ready facing the cruel market.

In some chance I will add this writing with more detail.


0 comments: