Hi all! Just a noob on the fx scene and I have a question (surprise,surprise!). Lets say I buy x lots of some currency pair and decide to hold my position for a week. Now lets suppose that for the first few days it rises 10-30 pips then dips 50-60 then ends up higher at the end of the week and I go short. If I have held the position for that long will I net lose money or gain?
You should gain.
Traders hold positions for months to get the best profit. 
I think there are alot of folks who would argue that point.
I think there are alot of folks who would argue that point.
Yep new there would be. 