The Secret To Long Term Trading | Forex
Information | Currency | Markets | Fx | Video | Assets | Lesson | Trading
Get Email Updates - http://www.forexreviews.info Forex Training - http://www.forexreviews.info/forex-training/ In this video I go over a common question in trading that I also got asked recently and that is how to trade long term? This is an important topic in trading. In this video I give the answer to that question being assessing the trend evidence and how to approach this aspect in trading. If you enjoyed this video, feel free to like, comment and subscribe. Looking for a great Forex Trading Simulator for testing strategies and for practice purposes in trading, then I recommend checking out Forex Tester 2 - http://www.forexreviews.info/go/forextester2/ Thanks for watching and Happy Trading, if you read this bio do not forget to comment, like and subscribe. Also comment "Happy Trading" below to let me know you read the bio as well. I appreciate you all. Website - http://www.forexreviews.info/ Get Email Updates - http://www.forexreviews.info/learn Get Forex Training - http://www.forexreviews.info/forex-training/ Facebook - https://www.facebook.com/forexreviewsdotinfo Twitter - https://twitter.com/forexdotinfo Google Plus - https://plus.google.com/+ForexreviewsInfo/posts By clicking on the play button above on the video it also means also that you agree to the Full Video Disclaimer at Forex Reviews - http://www.forexreviews.info/privacy-and-disclaimer/
Comments
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Spot on Timon. For me the secret of successful long term trading is to get the big picture off the Weekly /Daily charts. Using 4 hour and 1 hour charts to time the entry.Trading daily charts really help you to swim with the current longer ,so to speak.
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Hi Timon, what would your average hold be on a trade?
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Hello Timon. Great video. I like most people found it difficult to imagine trading longer than a day. One day I looked at structures on the daily and weekly charts and saw movements of hundreds of pips . By backtesting I convinced myself, this is a better way of trading. Easier said than done. It very hard to break old habits. After much effort, I am reaping the benefits of longer term trading and disciplined my money management . Cheers mate. JOhnR
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Like this camera angle and the clean look of the picture
Just thought i'd ask, i'm interested in trading the index like ASX 200, S&P 500 etc. Just wanted to ask, the problem with trading is it's so highly leveraged, and when trading these index's long-term i'm not sure when to put my stop loss. Or maybe a better question is, do i even place a stop loss? The market always comes back in the end and if i hold the trade for eg 1 month, the market will have crossed my take profit numerous times.
Regards,
Matt