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  1. #1
    pipguardiola is offline Newbie
    Join Date
    Aug 2012
    Posts
    14

    Default Less false Signal, More Profitable Trader: Swinger is better than Scalper

    This may be a classic question,

    Forex Trading is about predicting price, more accurate we predict, more chance we collect our dollar and be rich (except for extreme case),
    One of the most difficult method to predict based on technical indicator is eliminating false signal, Thus, I think, Widened our timeframe would makes more accurate trading, this statement do makes sense, actual trend can be seen in wider timeframe, 1 day, 1 week,
    Then, the winner of forex trading is always the swinger.

    Any comment? especially from scalper master here.
    (honestly. as newbie, I am comfort with scalping, but this isn't about comfort zone, trading is about creating money)


  2. #2
    fartist is offline Senior Member
    Join Date
    Apr 2010
    Posts
    395
    Can't really agree on how swing trading is more profitable than scalping.

    I believe both has its own pros and cons and each depends on a traders personality.

    To me, going to the lower timeframe and finding trades would be more profitable as you have more opportunities ( provided you have an edge).

    Swing trades don't come by everyday and you may need to sit on your hands for days if not weeks waiting for the right setup.

    So assuming both method has 50% chance of win with a 1:2 risk reward.

    Assuming short term trades can look at about 20 trades a month, whereas swing trade we look at about 8 a month.

    Given the above assumption, i would say short term trading has higher profitability.

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