That sounds safer, but I guess it takes time to see results.Kai wrote: Wed Mar 19, 2025 4:58 amThat’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?Kai wrote: Wed Mar 19, 2025 4:57 am
Scalping 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.
Based on Trading Style
Exactly! If you prefer stability and long-term growth, position trading is a good choice.Maverick wrote: Wed Mar 19, 2025 4:59 amThat sounds safer, but I guess it takes time to see results.Kai wrote: Wed Mar 19, 2025 4:58 amThat’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 am
I don’t think I have the patience for that! What about Position Trading?
And what’s Algorithmic Trading? I keep hearing about it.Kai wrote: Wed Mar 19, 2025 5:00 amExactly! If you prefer stability and long-term growth, position trading is a good choice.
That’s where traders use software and AI to execute trades automatically. It’s mostly used by big firms or advanced traders who rely on data and strategies.
Wow, there are so many styles! I guess I need to figure out what suits my personality and time commitment.Kai wrote: Wed Mar 19, 2025 5:01 amThat’s where traders use software and AI to execute trades automatically. It’s mostly used by big firms or advanced traders who rely on data and strategies.
Absolutely! Try paper trading first to see which strategy fits you before investing real money.Maverick wrote: Wed Mar 19, 2025 5:02 amWow, there are so many styles! I guess I need to figure out what suits my personality and time commitment.