Long term trade for newbie

[arjun]

New traders should trade on longer terms rather than entering in the market for short span because it might be risky for them.

 

[kxforexmart]

The best thing for the newbies is that they should avoid the long term trading because as they have less knowledge and experience ,they can't deal with the market well and for that its very much needed that they should be concentrating on short term

 

[Derzi]

I agree to some extent that longterm is suitable for newbies. For longterm a good deposit is needed afterall.

 

[Lee Mark]

Nothing is impossible here! But I seem, shot term trading is more applicable for the new traders! Because, for long term trading traders need enough patience here; generally new traders are unable to do so! I seem, scalping the best choice for them.

 

[Faal]

I think newbies are more appropriate for short time trading! Even, maximum new traders start their trading career as a scalper! Even, I also started my trading as a short time trader! By the way, now I am also comfortable with long time trading styles!

 

[Irina]

Ideally, try to short-term trading and later gradually for a long term trading, so that when an increase in skill trading trader was able to do a variety of trading strategies for short term or long term

 

[Anderson]

Without a doubt long term trading is the most beneficial one. The wealthiest traders on the planet are generally long term traders. Scalping is a noissome trading system as it is done in lower timeframe where there is too much volatility. It takes more time to be expert in scalping as scalping is tempting.

 

[Richards]

Of course that’s interesting. But a beginner may be needs short and not very big contracts which he can learn from and after that he can try more serious bidding.

 

[darrio]

You also need to understand that such long-term deals are not affordable for any traders. Although these deals exactly help you to profit more. You're right, the richest traders in the world always open long-term deals.

 

[Kuranis]

Long-term trade is good for newcomers, but you need to have a good deposit for it. I think that the best thing to do when you start trading is scalping.

 

[sininfinity]

I would advise newbie traders that try every method you like. See which suits you and works for you. Do not limit yourself with certain type of trading because it looks attractive to you on eyes.

 

[William]

I also have the same feeling as I think long term trading is more secure than the short-term trading. You need to make a plan for atleast monthly basis. The analysis works more probably on the chart of higher timeframes. What do you people feel in this regard?

 

[Tom Latham]

I also have the same feeling as I think long term trading is more secure than the short-term trading. You need to make a plan for atleast monthly basis. The analysis works more probably on the chart of higher timeframes. What do you people feel in this regard?

I agree with you; since higher time frames are relatively stable than the lower time frames! In addition, here I am following mainly the D1 time frame as major, besides I use H4 even sometimes H1.

 

[Svetlana Loboda]

New traders need to make at least 500 trades in demo; to judge their own trading skill! Judging trading strategy too early it a common virus to the new traders!

 

[Tom Latham]

I would advise newbie traders that try every method you like. See which suits you and works for you. Do not limit yourself with certain type of trading because it looks attractive to you on eyes.

Here is the proper way! Traders need to test all of the parameters to know the best option! Being a limited version trader would be costly!

 

[Darragh Bell]

A successful trading style is to use a stop loss. Stop loss is not to be underestimated. Keep in mind that it is not possible to maintain risk without stop loss.

 

[Alicia Lynch]

New traders are unaware of the analysis which is why most of the time they make huge losses. They need to perform trading analysis patiently to cover this loss.

 

[Eduardo Lucchese]

Money Management is essential to survive in the market. I use maximum 2% of my capital per trade.

 

[Gito Dinev]

New traders are unaware of the analysis which is why most of the time they make huge losses. They need to perform trading analysis patiently to cover this loss.

Learn both technical and fundamental analysis to trade effectively.

 

[Kazumu Fukunaga]

A successful trading style is to use a stop loss. Stop loss is not to be underestimated. Keep in mind that it is not possible to maintain risk without stop loss.

Placing stop loss is one of the difficult tasks in trading. So many things to consider. Your trading style, risk tolerance capability and good knowledge about support and resistance levels are important to place a stop loss.