Forex

This is also incorrect. Futures trading can be either long term, intermediate term, and/or
short term depending upon the orientation of the trader.

In fact, some of the most successful futures traders -- referred to as ‘position traders’
hold their positions for an intermediate- to long-term period of time. The particular time
horizon or time frame that a trader adopts is an individual choice, which does not
necessarily have to be short term to be prosperous.
Many other misconceptions and misunderstandings plague futures trading -- all bred out
of either partial information or ignorance.
One-by-one, these myths will be unveiled and corrected as your understanding of
futures markets and futures trading increases. Now that a few of the major myths have
been revealed, we can move on to the basics of futures trading.