Anybody have a good long term trading egy?
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Thread: Anybody have a good long term trading egy?

  1. #1
    Been trading short term Prepared to learn something long term for more pips and Allow Transactions Operate More

  2. #2

  3. #3
    k^
    Guest
    The fundamentals stay precisely the exact same regardless of the time period. You merely need to make decisions a hell of a lot quicker on the quicker TFs.

  4. #4
    Quote Originally Posted by ;
    The principles remain precisely the same regardless of the time frame. You just need to make conclusions a hell of a lot quicker on the quicker TFs.
    Not true at all. Intra-day trading is an entirely different game from swing trading or long-term trading. Unless by principles you mean things like let profits run and cut losses short.

  5. #5
    k^
    Guest
    Quote Originally Posted by ;
    quote Not true in any way. Intra-day trading is an entirely different game from swing trading or long term trading. Unless by fundamentals you mean things like let profits run and cut losses short etc..
    Oh, its true. A principle is just a fundamental idea, right? . They stay exactly the same since the laws of trading do not magically morph into a other weird dimension when jumping from one timeframe to another. Thusly, in case you can't profitably trade a 5 minute chart, then you won't have the ability to profitably trade a daily chart. The distinction is that it is going to take you a lot more time to go broke on a daily chart simply due to how long it takes the trades to play out.

    I believe maybe when you say Intra-day trading is an entirely different sport from swing trading, you are comparing scalping to swing trading. That is quite true, and I concur.

  6. #6
    Quote Originally Posted by ;
    quote Oh, its true. A principle is just a fundamental concept, right? . They remain precisely the same because the laws of trading don't magically morph into a other weird dimension when jumping from one time frame to another. Thusly, if you can't profitably trade a 5 minute chart, then you will not be able to profitably trade a daily chart. The difference is that it is going to take you a lot longer to go bankrupt on a daily chart only due to how long it takes the trades to perform. I think that perhaps once you state Intra-day trading is a whole different game...
    No I am not talking about scalping. If you don't consider trades using 60 pip TP to be a scalp...

  7. #7
    Amateurs think in amount of pips, professionals always.

  8. #8
    Quote Originally Posted by ;
    Do a Google search for Oxford Smash Day. You'll discover a daily system that's been thoroughly tested and can be profitable- and FREE.
    Billbss did you really tried it yourself?
    What is your personal impression?

  9. #9

  10. #10
    I have tried both long and short term trading I'm having larger problems over the daily time since I'm more tempted to screw up my transactions by reacting to ever single pip movement.

    I bookmarked the PipsEasy thread. Looks interesting at first glance. thx

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