All language subtitles for TraderFX9000 - 5

ado let's actually move into
episode six of the Forex

exciting to do that. We're
going to start off a look at

and position training. So we
are coming close to the end of

this chapter and actually then
move into the learning. So very

psychology and risk management
and then we're going to get

fundamental section where we
can conclude this chapter,

section are a little bit more
familiar with what the Forex

trading and position trading
and what I personally push for

it. Ready for us to start
learning. So without further

begin. Hopefully the beginners
who have watched through this

still being able to stick to a
plan and without requiring

an equal amounts sometimes I'll
enter a trade and I'll be out

actually be holding that trade
for up to two weeks okay so

different trading styles,
scalping, day trading, swing

for day trading and swing
trading more so than scalping

profitability and the most
flexibility while actually

of methods because it's
going to give you the most

will just hold these for
probably for a few years okay

and these gold trades are by
trades from long long ago and I

so I am in a way of position
trader in that aspect I mean

bring everything together and
get you prepared to actually

market is, how it works and how
we're actually going to trade

into some of the analysis work.
So that the course is about to

it's not like you have to put
yourself in a box but these are

do this as a career position
trading is probably not going

am an advocate for is a
combination of day and swing

to be the best method for you
to choose now what I actually

for you is generally the day
trading and swing trading kind

and will be teaching in this
course generally will work best

I've been holding some gold
trades for maybe on a year now

scalping I never do but day
trading and swing trading I do

trading now what I really put
my trading into a box as such

this Forex fundamental section
and we will very soon conclude

insane patients like position
trading will. So those are the

the main trading styles and the
trading styles I would suggest

trading there might not be
anything wrong with that

sometimes I will trade hold
trades for a very long time

just not my style not my
trading style and you know it's

from experienced scalp traders
who dive in and dive out as

term. Cos it's just as easy to
lose as it is to win. Now

however for me holding trades
for month plus for years is

gambling from everyone I've
actually come in contact with

basically just scratching for
some profits. And chances are

within an hour or two hours or
12 hours but sometimes I'll

a slow way to build profit so
if you're actually looking to

they're not actually going to
make a whole lot in the long

they'll buy against that
currency or sell that currency

traders. Now these guys hold
slightly longer term and would

open and close their trades
within the same day that they

with fast profits so that's
what I'm going to do. Scalp

would suggest forget scalping.
Now scalping is what most

people begin with. They think
yeah I want to get in and out

and what style do I push
forward for people? Well I

massively from the movements.
So what style do I actually use

really trading. I like to see
scalp trading really as kind of

trading is generally
ineffective. Okay. You are not

traders will hold trades for
literally years. Okay so for

soon as they've got a little
bit of profit on the table are

example if they are looking for
a market crash in one currency

against others and hold that
very long term to profit

looking to enter and exit a
trade within one day but

investors in currencies and
they look to hold their trades

actually not looking to hold
for too long either. So then

finally we have positioned
traders who essentially are

guys do trade slightly longer
term generally holding trades

for anywhere from 1 hour up to
an entire day but they look to

essentially just diving in and
diving out as soon as they have

some profit rolling day traders
are the next on the list these

for under one minute okay so
these guys generally look to

two weeks. So they are the next
step up from day traders not

open them so that they can
actually take profits each day

for you know a month or
upwards. Some positioned

and a few minutes right maybe
up to 1020 minutes now these

look to enter and exit the
market very quickly sometimes

these are the four general
trading styles we have first of

generally look to hold trades
for anywhere from a day up to

from the market So stepping up
from day traders we have swing

hold trades for anywhere
between you know a few seconds

guys look to take tiny profits
multiple times in a day

styles and time frames. There
are multiple different time

Right so in this video we're
going to talk about trading

and long term methods to
profiting in the market now

have a lot of different trading
styles so there are short term

all the lowest time frame scalp
traders or scalpers so scalpers

frames that you can trade on
and a lot of different traders

dive into the course.