[bootstrap]

I AM BACK.

been a while guys. sorry about that. family, non-trading obligations, etc. but we can get into that later.

the strategy depends on what you can trade (capital), time commitment and what you are comfortable with.

i personally have a long term ETF position (always in the market), a midterm stock position (25 stocks max), and a short term FX position.

Choose your poison and i will point you, not spoon feed you the way. The reason I say point, is everyone is different

[henryduncan12]

Forex position trading strategy is a simple technique to increase your position size without increasing your risk. This trading strategy is particularly effective with mini lots and with averaging into a position also it works equally efficiently for standard lots. More info can be found here: ezinearticles.com/?How-to-Start-Forex-Position-Trading&id=757117

[BlueHorseshoe]

A trend following approach could work for you if you have sufficient capital. Successful trend following funds nowadays tend to be incredibly well diversified and have a far more sophisticated trading model than many would lead you to believe: if you've got that kind of cash then I would suggest that you might be better simply placing your capital with a trend following fund with a long track record of decent returns. A good place to start looking would be Micheal Covel's book on trend following.

Another option you could consider is 'swing trading' - operating in that vague and nebulous space between the cool-handed position traders and the hyper-active day traders. Swing traders typically make decisions from daily charts and put their orders in on the close. They often hold positions for less than a week. There are many strategies based around trading pullbacks in trends that can work well that you could investigate.

Your number one rule needs to be this though: decide clearly what your goal is and then find the best way to achieve it. If your goal is to make the best returns on your capital and placing your money with a fund seems the best way to do it, then don't be seduced by the 'glamour' of trading.

Hope that's helpful.