shortterm vs longterm trading | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Day Trading vs. Swing Trading vs. Position Trading 86 replies

fx trading for the longterm and tax issues 5 replies

Is there any one who could recommend me any LongTerm strategy 24 replies

shortterm vs longterm trading

  • #21
  • Nov 27, 2005 7:07pm Nov 27, 2005 7:07pm
Quoting DrRock
If you make 2000 pips per year and your stop size is on average say 100 pips and you risk 2% per trade then that means your return would be 40% for the year. If you only had to spend 30 minutes per day achieving this result then it looks pretty good to me.

Simon
The probability of hitting the correct trades are going to be lower in such a case, trust me. Pull out any chart, change it to monthly and consider where are you going to enter and where are you going to exit. Hitting 500 pips in a month on 1 trade is not a base, markets go sideways too...

Just to close this great discussion out for now, just wait and see what happens in the future You might be correct in your strategy and I might be wrong, who knows. Only time will tell.


Thanks,

Nader
  • #22
  • Nov 27, 2005 7:54pm Nov 27, 2005 7:54pm
Quoting narafa
I agree that you can control your lot size, but I don't agree that you will be able to keep the risk at 2%. If you are long the dollar in 3 or 4 different pairs, you actually have 1 position. That's 1 trade, long the dollar. If for every trade, you have a 2% capital risk, then that's an 8% capital risk, simply put on a dollar long position. I consider this a high risk position.

Thanks,

Nader
Thanks for bringing this up. I trade longer term (4hr/daily) and found my self in 6 trades, 4 with the $$. Having my 2% risk for each one, i didn't even think of the correlation (if the $$ tanks, i will be right or wrong in all of my trades). I do like looking at all the majors. Somehow i knew something wasn't quite right, as i couldn't sleep with these trades on. The open P/L swings were much bigger than i had seen. Finally got out of a couple of them. I couldn't sleep beacuase i had essentially put on a 8% risk. Yes Nader, you are so right....that is a very high risk position.

Won't do that any more.
  • #23
  • Last Post: Sep 28, 2014 7:06am Sep 28, 2014 7:06am
the only thing about this two trading durations s that you can use short term time frame to enter into long term time frame
0 traders viewing now