Escon deOjo's Forex

Nobody says you’ve got to only use one method. You can trade in both, short and long term. What that does is permit you to get fast profits in short term, but also be rewarding in the long run. It is vital to balance those systems out. Because the near term method is much riskier, you have got to take that into account. You must mange the chance so that the short term losses don’t wipe out your long term profits. Consider the long term strategy as your main strategy and work out how much you can afford to lose in short term.