Hi Guys, how long you hold position ? (in Profit or Loss)

msuhaimi2007 posted:
As long as my TP n SL need to... hehe...

better said....

Hi! SL - this is the way to lose your deposit. It is created by market makers, and serves only to them! The position can be and should be kept indefinitely, as long as it does not bring profits. 😉

According to 'statistics' 95% of traders lose money, and most of it has nothing to do with the broker or trading platform but the traders' strategies. Most scalping systems eventually lose. It is important to hold on as long as possible with predetermined SL and TP zones.

Every not profitable short term investment becomes long term investment ;)

I keep trades open for days sometimes but I trade on the daily charts too. My Stoploss is usually set at a 70 pip stop loss. I will keep a winning trade open as long as I keep making profit off of the daily trend. So far my longest trade I think is 8 days. However it also netted me 188 pips.

until the end of the NY session. Sometimes lrt it stay overnight, but don't like to do it very often

No longer than an hour. Usually it is 10-15 minutes.

lol longest was like days for me, shortest was a few secs

Hi,

Average holding for trend following is 1 month,

Average counter trend is 2 weeks.

Daily charts for entries and exits.