Forex Trading: Long-term vs. Short-term Trading
-
The Emotional Toll
Short-term trading requires a lot more attention to the market on a continuous basis. A much talked about aspect of trading is the toll it can take on you emotionally.
The longer you are in front of your trading screen watching the market zigzag back and forth between your limit and stop, the more tempting it can be to interfere with your strategy. This emotional toll increases the stress of trading and can make the whole experience unpleasant.
More Information on Trading Forex:
More By This Expert
Chris Johnson and Jon Lewis
Whet Your Appetite for Kroger Puts
Grocer Kroger (KR) looks vulnerable as it heads into earnings. Find out why.
Big Lots About to Make a Big Move
If history is any guide, Big Lots (BIG) should make a substantial move next week. Find out which direction we think it's headed.
Express Scripts Has the Right Medicine
Pharmacy management services provider Express Scripts (ESRX) should beat earnings estimates and continue its move higher.
We think the Street has it all backward when it comes to these four stocks. Find out how to position yourself on the right side of these trades.
A Stock That Wishes Tiger Hadn't Been Let Out of the Bag?
One of videogame maker Electronic Arts' (ERTS) greatest strengths has turned into a major problem for the company -- its sponsorship of Tiger Woods. And that's not all that's wrong with the stock.




