Tilokvarma
Miembro desde Feb 16, 2022
posts 63
Mar 29 2022 at 07:52
There are different approaches of trading that traders follow, among them scalping, long term trading, hedging etc are acceptable forms of trading. Another form of trading is gambling which maximum traders follow but is a legit form of trading. Personally, I prefer both scalping and long term trading because I think hedging is not a good way of trading.
forextrader777
Miembro desde Jan 16, 2021
posts 133
Mar 29 2022 at 10:13
Tilokvarma posted:Gambling is not trading I guess.
There are different approaches of trading that traders follow, among them scalping, long term trading, hedging etc are acceptable forms of trading. Another form of trading is gambling which maximum traders follow but is a legit form of trading. Personally, I prefer both scalping and long term trading because I think hedging is not a good way of trading.
In my live trading I do only long-term trading! Because, scalping trading isn’t suitable according to my own trading strategy! Since I need to use the wider stop loss trading tool in my trading!
AayushiShah
(AayushiShah)
Miembro desde Jan 06, 2022
posts 16
Apr 27 2022 at 07:13
There are many trading strategies available in the market that mostly trader follows. It includes strategies like a news trading strategy, an End-of-the day trading strategy, a Swing trading strategy, Day trading strategy, Trend trading strategy, Scalping trading strategy, and a Position trading strategy.
When it comes to being a successful trader, patience is important, and mistakes and losses are expected as you learn and improve your trading abilities.
It's important to note that the top traders are adaptive and can adjust their trading techniques according to market conditions. As a result, learning about each specific trading technique is a smart idea, and by mixing several trading tactics, you will become flexible to any circumstance.
When it comes to being a successful trader, patience is important, and mistakes and losses are expected as you learn and improve your trading abilities.
It's important to note that the top traders are adaptive and can adjust their trading techniques according to market conditions. As a result, learning about each specific trading technique is a smart idea, and by mixing several trading tactics, you will become flexible to any circumstance.
saluteband
Miembro desde Apr 14, 2022
posts 33
Apr 29 2022 at 04:49
Tilokvarma posted:mate, gambling is not a good way to trade. There are other trading methods such as day trading, scalping, positional trading, and swing trading that have higher returns than gambling. Also paying attention to the chart should be useful, giving you much more opportunities to grow your skill.
There are different approaches of trading that traders follow, among them scalping, long term trading, hedging etc are acceptable forms of trading. Another form of trading is gambling which maximum traders follow but is a legit form of trading. Personally, I prefer both scalping and long term trading because I think hedging is not a good way of trading.
fxashely89
Miembro desde Apr 14, 2022
posts 32
Apr 29 2022 at 11:24
Day trading, position trading, swing trading, and scalping are some of the popular trading approaches one can follow but if you are a beginner then I would suggest swing trading strategy as it focuses on taking smaller gains in short term trends and cutting losses quicker.
Marcel Durham
(MarcellusLux)
Miembro desde May 19, 2020
posts 200
Apr 29 2022 at 14:57
If you get profit, then you are using the right approach.
Some issue is that scalping requires an automated system, since fast close/open is important. But for day and position trading, manual, automated and mixed trading is fully suitable. This makes the last two options more flexible.
Some issue is that scalping requires an automated system, since fast close/open is important. But for day and position trading, manual, automated and mixed trading is fully suitable. This makes the last two options more flexible.
@Marcellus8610
friedjohan
Miembro desde Jul 27, 2020
posts 19
May 04 2022 at 06:53
Every trader has a different strategy and different trading approaches. Some of the most preferred strategies are swing trading, long-term trading, trend trading, news trading, scalping, position trading, hedging, day trading. Beginners should go with swing trading. However, no matter what strategy you use, if your implementation & timing is not good and if you’re not determined & patient then you’ll suffer losses.
Gambling isn't trading. Wrong mindset.
If you can't spot the liquidity then you are the liquidity.
HeavenLeighGill
(HeavLeighGill26)
Miembro desde Aug 05, 2021
posts 401
May 04 2022 at 14:27
I'm also a fan of scalping and long term trading, but typically do more long term trading recently because I just don't have as much time to dedicate to trading being a stay at home mom.
Williamfreed
Miembro desde Aug 10, 2021
posts 176
May 05 2022 at 00:58
I mostly love to trade long-term.
JasperMonvill
Miembro desde May 29, 2022
posts 39
Jun 17 2022 at 00:26
Position traders are interested in long-term price movement and maximising possible rewards from large price changes. As a result, deals typically last several weeks, months, or even years. Position traders often analyse and assess markets utilising weekly and monthly price charts, as well as a combination of technical indicators and fundamental research to find probable entry and exit levels.
Day trading, position trading, swing trading, and scalping are all approaches to trading that traders can use. I personally prefer day trading as I intend to make short-term gains.
I don’t think gambling is a good approach to follow in forex trading. We should stick to a good strategy and trade based on analysis. Hedging is not bad if you can execute it properly. Otherwise it will yield no good results.
Iconoplast
Miembro desde Jun 22, 2022
posts 29
Jun 29 2022 at 06:29
Forex market has many approaches to trading. In my opinion, there is no one approach better than the other. For some, one style of trading may work, and for another that might not work. The key is to apply the trading approach properly with good risk management so that you can have the maximum benefits.
Traders are many traders who prefer news trading much because it gives them quick profit. But, we rarely see deriving 100 pips of profit from news. Even though market becomes volatile during news, but it doesn’t so much that can give you that much profit at a time.
Pendular posted:Gambling can never be a good approach. You need to have a good amount of knowledge and skills in order to be profitable and manage risks.
I don’t think gambling is a good approach to follow in forex trading. We should stick to a good strategy and trade based on analysis. Hedging is not bad if you can execute it properly. Otherwise it will yield no good results.
Gambling is not a form of trading. It is in itself an activity that is addictive and risky. I have to mention that some traders turn into gamblers if they don’t study well and take challenges for the sake of making money. Basic education is really important for traders so that they can find the right path of trading for them.
Trend trading, in my opinion, is the easiest and most reliable way to trade forex. In this strategy, we trade along the lines of the current price trend. Also, gambling cannot be termed as a trading approach. Don’t look for shortcuts like gambling. Follow the path of learning and practising; that’s what will make you a successful forex trader.