Very-short-term strategy

Very-short-term strategy

The perfect strategy for beginning traders but it quickly leads them to the total smashup. Seduction of short-term rates quotations in amount of several points leads to trader starting “catching points”, 1-5.

Success for several times, he/she earns 20-40 points. Then there is movement against trader’s position and he/she quickly starts suffer losses.

According to this reason, such work requires very fast decisions in conditions of huge psychological tension and for a short period of time which is really possible only for experienced traders; newbie just observes how his/her deposit is vanishing.

So for the beginning, it can be recommended to use medium-term working strategy with stepwise implementation of advantages of first and one before the last strategy when there is slack or sideward trends. It should be mentioned that “it is better not to do anything than do something”. You should not order just on the basis of your desire to do, which is often provoked by long inaction. Every deal should be based upon the reason – fundamental or technical.


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