Post
Topic
Board Trading Discussion
Re: Day Trading (Scalping) and Long term trading
by
virasisog
on 24/01/2018, 13:26:38 UTC
Which is better to make more profit between Day Trading and Long teem trading. I want to make more profits trading Cryptocurrency, I need to know which of the two makes huge return mostly
I also have tried day trade which really make a stressfull day because mostly of my trade was a loss. Rather than risking on it, I tried a week trade which was really effective. Just setting up my selling value which I buy at lowest. Some times it would take a 100% increase which really make a difference in my trade. After that, I will buy again a new coin and sell it again even at 10% profit.
Scalping or daily trading needs a good skills in knowing when to buy and when to exite mostly they use Technical analysis. Based on my experience you are right daily trading was too stressful because one time that you don't sell in a specific price and you're out what i mean is your stratedgy goes back to zero. In long term there are no big stress because you can leave it for a week or months and go back you may see a nice gains on that already depending on the potential of an altcoin.