Hi all forex traders
We have all heard of this debate before.. scalping or swing trading?
Now, i would like to bring this up again and hear what you all have to say on this subject. Because when we talk to traders, their styles are all mixed.
My opinion is, scalping is more 1:1 Risk reward but with a good strategy.. you can certainly hit 90-95% accuracy. Swing trading is more laid back ofcourse more ideal for the traders who have full time jobs elsewhere. I think swing trading accuracy is more 50-60% with a 1:2 or 1:3 Risk reward.
Overall i think, when it comes to forex, its best to get in and out as quick as you can. Building a solid strategy around this would be more effective in my opinion.
Whats your experiences and opinions on this guys?
We have all heard of this debate before.. scalping or swing trading?
Now, i would like to bring this up again and hear what you all have to say on this subject. Because when we talk to traders, their styles are all mixed.
My opinion is, scalping is more 1:1 Risk reward but with a good strategy.. you can certainly hit 90-95% accuracy. Swing trading is more laid back ofcourse more ideal for the traders who have full time jobs elsewhere. I think swing trading accuracy is more 50-60% with a 1:2 or 1:3 Risk reward.
Overall i think, when it comes to forex, its best to get in and out as quick as you can. Building a solid strategy around this would be more effective in my opinion.
Whats your experiences and opinions on this guys?