Post
Topic
Board Trading Discussion
Re: Daily trade Vs long trade
by
Yusuf77
on 11/10/2018, 18:08:19 UTC
Day trade or long-term trade both can be profitable, it depends on you whether you want to make quick profits or just want to invest for long-term & forget about it. Day trade can be risky though as price movement highly fluctuates that you have to be every time in front of your computer to take right decisions that should bring you profit otherwise you will lose your money. Day trade will consume more time than long-term trading, it's like a full-time job for day traders.
But a day trade will give you a big profit because if you are skilled in reading the market direction you can get profit
many times in 1 day? You know the big risks will be worthed because certainly give you more chance for bigger profit
if at this time it is certainly very difficult to get big profits if you apply daily trading. the market is not stable so it's difficult to read the direction of the market. maybe if we trade daily we can get a small profit because usually people sell it above the price they buy.