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With long-term trades you can't capture short-term trading opportunities.
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Can I say because my SL is 15 pips, I don't understand 100 pips SL? It's about different trading system and style as long as they are profitable in the long run.
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Success Forex trader must be 100% disciplined that is impossible because humam being makes mistakes. |
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Short term traders always capture more profit if they are good in trading. Long term trading style is more reliable and less risky thus less rewarded. Most of the professional traders like longterm trading because long term of market is predictable to some extent. Actually it mostly depends on your knowledge and experience.
I also prefer longterm trading style but short term has its own benefits which cannot be denied.
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