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Long term trade for newbie


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As a newbie, you might make more steady profit with long term trades. Long term trades are better than short term trade as they carry out less risks and the profit is for sure. You can trade for 8 hours and still make money versus trading for 2 minutes. You can buy low on a late Sunday and then sell it on Monday by 2pm or hold it till Weds or Thurs to sell it for more profit since price spike during the middle of the week. What do  you all think? 

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I feel also that long term trading would be quite beneficial to a newbie more. Setting a long term target and working towards achieving it over a longer period of time would most likely favour a new t

I feel long term trading is best for a newbie, it allows him hold position for a longer period of time which kills the chances of taking sharp decision that is inherent in scalping. Scalping on the ot

I feel also that long term trading would be quite beneficial to a newbie more. Setting a long term target and working towards achieving it over a longer period of time would most likely favour a new trader than when he sets it on a shorter term that would be discouraged by losses.

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newbies have lack of knowledge still and require further practice to enabling them to understand the market. they can't apply short term trading which technically, difficult since traders emotions and patient would being tested. advisable indeed if newbies take long term trading which just risking small margin and catch profit by riding the trend. traders not necessary to deal with fast market changes in small time frame.

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It is good that the newbie traders will be able to do long term trading instead of them to be doing short term. They don't have the trading knowledge. So therefore, they need to practice more and more in the demo account. If they are trading, they should not be trading in short term like the scalping because it will not be easy for them to do.

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Well I think both types of trading is good, short term as well as long term, in short term I prefer 15m trading time frame and on other hand I also like the h4 time frame as well as these prove more beneficial/profitable, however I think too much long trading could be more risky so I would not advise it.

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even short term approach will make traders losing all capital if they are have no proper knowledge to conduct effective trading. doesn't require high amount of capital to conduct long term strategy. as far as traders can measuring good entry level, they are not necessary to see position floating loss in long period of time. 

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@adil, why long term is most preferred for a newbie to short terms is the fact that short term trading seems too hard and more complex to handle than long term. It requires more smartness and ability to cope with the faster movement and quicker decision in short term trading.

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I think that short term trades of less than 1 hr can be very profitable too. If you look at the graphs carefully and move swiftly especially in the early hours, you can Make It wow. My big bro uses this so much and with high leverage. At one point, he spent 3 days to study the graphs and then on the fourth day made 500 dollars in 26 minutes

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doesn't require to use big lot size to use to implement in long term trading. require to riding the trend also which technically, easier than traders need to deal with fast volatility movement by trade with short term strategy. newbies need to observe the market and to help it out, better if they use long term strategy.

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I feel long term trading is best for a newbie, it allows him hold position for a longer period of time which kills the chances of taking sharp decision that is inherent in scalping. Scalping on the other hand requires that the trader have a smarter approach to dictate the different sharp movements.

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Though long term trading is the best for newbies but in most cases, a lot of them are always tempted to trade short term. They see it as a faster means to make money from Forex and if it is so, why not, they just have to play around it and make money. That is basically what leads some of them to stack failure and subsequent loss of their account.

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Though long term trading is the best for newbie but in most cases, a lot of them are always tempted to trade short term. That is basically what leads some of them to stack failure and subsequent loss of their account.so it all depend on your trading strategy. Newbies has less forex experuence that is way long term treading is better for them.

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what i advice to newbie try not to do long term trading because this requires a really big sl and tp levels. which i think newbie or small capital traders may not bear. although newbie can depend on small profit and small risk in other words short term trading for their starting in forex trading.

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newbies can implement scalping or long position trading. no border in order to implement trading system. however, since scalping difficult and require high amount of knowledge and experience. better if traders start with long term approach in trading. their task is just analyze the trend and then riding it.

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Long term is much better for newbies to start learning. Since they can focus on observing how the market moves than open and closing position that results to more loses. I don't mind if I make big loses when I was a newbies. My focus back then is to keep on learning and some how its pays off as I am earning good without any problem right now.

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newbies can implement scalping or long position trading. no border in order to implement trading system. however, since scalping difficult and require high amount of knowledge and experience. better if traders start with long term approach in trading. their task is just analyze the trend and then riding it.

Totally true, but it is not like what you said. Practically there are lesser newbies that could apply both of those style, they must be focusing at one style before they switch to the other, and in order to be good at it, they must mastering it which takes even at least 1 year.

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