Based on Trading Style
That makes sense. I heard about Day Trading—where traders buy and sell within a single day. It seems exciting, but isn’t it risky?
it is! You need to monitor the market constantly and make quick decisions. Even small price movements can give profits, but losses can also pile up fast.
What about Swing Trading? I heard it’s less stressful.Kai wrote: ↑Wed Mar 19, 2025 4:53 amit is! You need to monitor the market constantly and make quick decisions. Even small price movements can give profits, but losses can also pile up fast.
Exactly! Swing traders hold positions for a few days or weeks, focusing on short-term trends. It’s good if you don’t want to sit in front of a screen all day.
I don’t think I have the patience for that! What about Position Trading?Kai wrote: ↑Wed Mar 19, 2025 4:57 amScalping is super fast-paced. You make multiple trades in a day, earning small profits on tiny price movements. It needs a lot of skill and quick execution.
That’s the opposite of scalping. Position traders hold stocks or assets for months or even years, focusing on long-term trends. It’s more like investing.Maverick wrote: ↑Wed Mar 19, 2025 4:57 amI don’t think I have the patience for that! What about Position Trading?