Of course, but only if you have done a large market analysis before and have carefully considered all your steps with different options. This is really important, because even a lot of capital cannot be a guarantee if you do not understand what you are doing in the market.
Depends on trader perception. I keep position very long; include rollovers I have 87 days holding average. Because of this I can take bigger profit. Recently I took silver from 14 to 21 I hold it 5 months and now silver is 25 so I could still hold and still happy.. Here is the trick, to hold that much I should manage position size and must take relatively small size. Another trader can take five times bigger position and hold silver last couple weeks and he would be still same profitability with me. As you can see there is no correct or wrong, worth or not, it is just choose.
Yes, it is true because long term trading requires risk-reward to be followed. Risk reward scalping is no longer seen in the case. But long-term trades need to look at these later, which makes the trade more likely to turn a profit. And long term analysis is usually done by looking at the big time frame so the analysis is much better. However, in order to trade long term, the amount needs to be more. It is not possible to trade long term if the amount is not high.
Both long term and short are good for trading. But the real question which type of trading is good for whom. If you understand long term trading well it's good for you. Without understanding the price movement holding a trade for long term can wipe out your account. So what you understand the best is best for you.
Many traders think short-term trading is the most profitable. But Long-term trading can also be profitable. It is most suitable for lot of traders, including those they have full-time jobs or other everyday duties and commitments.
Nothing that you have been learning and gaining a new skills are done in the short term. Everything is done in long term plans. Long term trading can give you so many opportunity to have a new skills - discipline, patience, risk manager, money manager and many more.
Sometimes, Long term investment pays off if you have eyes on making big profits and targets. Long term investment for the traders who want to have a long run in the forex market. It is a time taking process but the results are good.