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shortterm vs longterm trading 22 replies
DislikedHi! I am looking for some LongTerm forex strategy could you recommend me any strategy or direct me to the place!
Thanks a lot!Ignored
if u r looking 4 a long-term strategy,i will suggest you search and read master Graemes thread-BUILDING AN EQUITY MILLIPEDE here on ForexFactory.Ignored
DislikedThe strategy called "Global Macro" seems to be working well for many..Ignored
DislikedHi, I am a new live trader and employed "Global Macro" when using a demo account for 1-2 years.
In the demo of 50k starting capital it performed well due to a larger cushion however when I started live with a capital of 2000, my low amount of capital didn't permit me to utilize it effectively as it takes on a lot of risk and is nearing "speculation" backed by economic fundamentals.
Maybe I am doing it wrong, criticism is welcome.Ignored
DislikedThat is why i keep telling newbies to demo trade with the exact amount they are willing to start a live account,so that they can do the risk or money management and also calculate the right position size that keeps them in their comfort zone...Ignored
DislikedRisk to 10%? Am I reading this right? Can you confirm?Ignored
DislikedSo the 10% risk was for real? Actually, think you are one of the few who actually fessed up to a high risk % in this forum. So what's your strategy, since day trading is out for the moment? And on daily trading, yes you will need to whittle down the risk to 2%..Ignored