Post
Topic
Board Trading Discussion
Re: What Does Day Trading Means?
by
jeraldskie11
on 08/07/2018, 15:38:50 UTC
Getting a little bit confuse here. What Does it means by day trading and are any advantages and disadvantages in day trading. Thanks
Day trading is the same as a short term trading. We need to watch in every coin or token that we choose, in a single seconds because any time the price of a coin will move, going to a higher price or a lower price.
The advantage of day trading, you can earn profit faster than long term trading. And the disadvantage of this is when you bought a wrong coin, you need to wait for the price to comeback to its original price to prevent losing.