always! Long term is a path of smart people. one very famous investor once said - you need to wait for 9 months for a woman to give birth. You can't make her give birth faster by impregnating 9 other women. Same thing with an investments. You can't possibly expect to get something valuable and not waiting for it.
gabeorwel posted:
always! Long term is a path of smart people. one very famous investor once said - you need to wait for 9 months for a woman to give birth. You can't make her give birth faster by impregnating 9 other women. Same thing with an investments. You can't possibly expect to get something valuable and not waiting for it.
True! Patience is very important for an investor.
May 15 2020 at 17:32
You can't call yourself a trader without this ability to wait. Everyone knows that you can't possibly achieve something NOT working hard. IT's just not possible. Well, it's possible. But just if you have rich parents. Otherwise - you gotta work hard and wait passionately.
Long-term trading takes much less time than medium- and short-term investments. Moreover, a long-term investor doesn't need to make quick decisions, while shorter-term investments may require it. As a passive investor, a long-term investor has many advantages: and the most important thing to me is that there are less commissions and fees. Traders often forget about these payments. But when trading with small capital, commissions and fees are important. In some cases, the best thing a trader can do is learn to control his or her impulses and make as few trades as possible. Many believe that only long-term investments can really make money.
You always need to look at a situation that really does not come from the crowd.
Indeed, sometimes it’s very hard to get up with me, sometimes it brings good results.
Jul 16 2020 at 11:23
Long term is the best way to earn good revenue. Patience gives you good results at the end. Every trader should have patience during trading. Gold is considered as a safe haven and is one of the best long term investments. Investments held for longer periods tend to exhibit lower volatility than those held for shorter periods.
Jul 19 2020 at 09:24
Yes it is but you have to be well trained. That means that you should have mastered trading to your best potential. Waiting long term will be worth it if the result that you wil get ill be better than if you had not waited.. Having patience is a very important part of forex trading. Think baout it.
Let me tell you what I did when I joined forex. I took more than a year learning and practicing in my demo account before I began real trading. I needed to know if I was going to be a good trader or not and that time was sufficient. You therefore need to have patience if you want to make it big. It does not hurt but actually pays off.
If you are new than you should try your trade with short tem trading and try to gain some some quick profit. But I think long term trading is also not bad thing and most of the expert traders are doing long term trading and making good profit.But for long term trading you always need big amount of capital and also knowledge and skills.
