Hi hi, i do FX trading only. This market is very trend and there is no bull/bear thingy because one rise and the other pair goes down.... pair trade.
I used to think short term and maybe swing trade with target profit will get you millions... those are crap... hahaha ! Maybe there are people who did it.... but very very few are talented to do that !!!
Go for long term trading, trend trade and pyramid your positions. In long run, the profit is just as good as short term trading. In short term trading, your discipline and entry price must be good and exit are limited... if u use target. I did short term trading must missed lot of setup... and too much screen time.
Long term trading allows you mostly in the market and let the market work for you... not the other way round.
There are many trading forums to learn. You will learn better from traders than from books which spout theories and bad habits for trades... mostly crap !!
|