I trade Forex and use 2 accounts, 1 is for short positions and the other long positions.
I make profits from a series of trades long and short, often on the same pair, rather than making 1 trade and either winning or losing in the traditional sense of trading.
So not sure how I would make...
I'm long usd/zar and usd/mxn,they both sh#t on me almost immediately, I will remain long for a few weeks but I definitely expect to ride out a horrible retrace in the dollar
It's hard to say, a position can last me anything from 1 hour to several weeks, I'm doing very well but its more about building the account than trying to make a weekly or daily percent gain
Forex is much better to trade, very liquid, very trendy and you can hedge your position just the same, just can't see the point in trading options, sorry
[QUOTclay, post: 4157061, member: 489057"]this is what ive been doing. Ive been mainly watching for a consolidation toward sideways and if i start to see a slow gradual move upward i then start to look for signs that it will breakout.
The ametures buy the breakout, the people who know are in...