19 November 2009

The strategy of obtaining permanent income

Some traders prefer strategies that make a profit by month, week or day. Others believe that it is easier to make a profit in one day.And, most likely, none of these strategies can not be called ideal.

In fact, you can benefit from any strategy to work at online Forex trading currency as long as you are well aware of the fluctuations in the market and signals and understanding of all elements of your strategy.

Some traders are based in its strategy for long-term investments (monthly or weekly positions), while others are building a strategy on the daily positions are open for no longer than a couple hours or even minutes (eg traders call scalpers).

With long-term strategy, you can earn from 100 to 200 pip per trade, but most likely it will be all your earnings, if your strategy is based on monthly or weekly positions. On the other hand a well-designed strategy scalping can yield from 10 to 20 pip per day.

Choosing the correct strategy will depend entirely on your investment style and risk management, as well as the amount of time you can devote the market and monitor trends.



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