In the realm of Forex trading, do you lean more towards short-term gains or long-term investments when it comes to your preferred trading style and objectives?
Forex trading – short-term gains or long-term investment?
- Thread starter eleanorK80
- Start date
there is no investment in trading......you trade or invest: that is the way i look at it.
what are your objectives, that your capital and knowledge, allow?.
the amount of knowledge you have, dictates the risk that is inherent.
risk is not a constant for everyone.
if you are not well learned then there is huge risk in anything you do.
that is why i concentrated on learning....for more than a decade.
to be good at anything professionally takes a lot of commitment. Emotionally and financially
i noticed that there is massive difference between amateurs and pros in all aspects of their activity.
try to understand what you are doing.
it is easy to get knowledge nowadays....it is free or cheap. problem is we know everything but understand nothing.
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That's a valid point! FX markets operate differently than US equities.
You've made several profound points here. As you rightly pointed out, in today's age, while knowledge is accessible, understanding is the real treasure. Thank you for sharing your insights.
My preferred trading style was always scalping and I am really stuck and fascinated to it.
I would say there is no long-term investment available. You may have corporations or countries with "long-term investments", but these are probably because of necessity. Everything else is speculative.