How to Make Money with Forex: EURNZD trade





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Published on Dec 2, 2011

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Why You Should Use A Short and Long Term Forex Trading System.

We are trend following, longer-term traders by nature. Like big game hunters waiting patiently in the bush, we have no problem taking our sweet time with trend trades (accumulating potentially huge profits along the way).

That being said, we also appreciate the steady income streams that can be generated from a short-term trading system.

As with the roster of a championship baseball team, we believe the ideal trading lineup contains a mix of strategies. Along with your sluggers and homerun hitters, you also want your steady performers -- reliable at bats (i.e. trades) that serve up singles and doubles on a consistent basis.

While trend trading and swing trading both have their strengths and weaknesses, together they complement each other very well.

In trading terms, shorter term trading systems -- which often exploit "reversion to the mean" tendencies -- can provide returns during choppy market environments, while trend following is naturally more suited to strong directional bull and bear moves.

Trading a mix of longer term and shorter term systems can thus be beneficial to your equity curve. Drawdowns are reduced during choppy periods that a long-term system brings... and yet you don't miss out on the monster trend moves that a swing system doesn't catch.

Many forex traders seem to think it has to be an either / or scenario. They proudly tell their friends and colleagues that "I am a DAY TRADER"... I am a "SWING TRADER"... I am a "TREND TRADER" and so on.

This doesn't make much sense to us. A trading style is not an exclusive member's only club!

For more information go to our main website: http://www.monstertradingsystems.com

Video link: http://youtu.be/BsX3Od8RFVs


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