Aldrin Randel Posted October 17, 2017 Report Share Posted October 17, 2017 I am a forex trader and trade with TenkoFX. While examining the position, each trade position that you take in the forex market can be held for a brief span or quite a while. By short I mean seconds or minutes. By long I mean hours, days, weeks or months. You choose this by the style of trading that you go into. When you close your position, the pickup or misfortune is immediately attributed/charged to your brokerage account. This is an exceedingly fluid market and orders in either course and either opening or shutting a position are executed in milliseconds. Quote Link to comment Share on other sites More sharing options...
Cecil Marshall Posted November 13, 2017 Report Share Posted November 13, 2017 I think you are taking about position trading where a trader holds a trade for long term. It is best for those who don't have time to check charts and can have a look after a day closes. For position trading you need good knowledge about long term market. I am trading with FXPM where I get low spreads and good personal care. Quote Link to comment Share on other sites More sharing options...
Bill Lawry Posted November 16, 2017 Report Share Posted November 16, 2017 Forex market allows us to exchange currencies in any period of time as it is remaining open for 24/7. But we must know when to execute a trade, which position should take in a particular trade. You can take either short position (to sell) or long position (to buy) on a particular currency after analyzing all necessary facts. One example can make it clear, right now I am working with major pairs with AAFX by adopting scalping as my appropriate strategy. Because I am thinking that USD will move in a positive trend and for me it will be good to use scalping on major pairs since AAFX is giving me 1 pip fixed spread on this. Quote Link to comment Share on other sites More sharing options...
Resolve Posted October 16, 2022 Report Share Posted October 16, 2022 We will need to make use of such kind of a Forex Broker which is Regulated and that is Truly International like FXOpen. Quote FXOpen - True Regulated ECN Broker Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.