Long term or short term strategy? - page 3
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Yes it depends on person to person and type of trader. I prefer to have long term strategy.
I prefer the long-term investments. It generates more income. I can hold a trade open for a few weeks. If you trail it with the spot loss correctly, you don't even have to be worried about the news. The only thing is not to open the trade exactly before on of the economic events, you need to let it accumulate some back up for you.
Long term investment is very helpful and we can high profits from it so we have to trade with proper trading plan and strategies to earn good and consistent profit.