I am a newbie of trading so i don't have proper knowledge about trading. But honestly i want to be a trader. But first time which trading is best for me daily or long term?
Thanks in advance.
Yeah long term trader is a profitable but need to wait a lot of time to make profits unlike day trade is the best way to get an daily profits.
Then I advise with mate you need to study well and research a guide how to become day trader, time focus is very important in day trade if you lack of time just stay at long term trade do not enter into day trade your in the risk.
Day trading will require a lot of time before you can even start day trading because it is so risky because of the volatility in the market. It is good to be a position trader rather than a day trader because you don't have to be an expert in technical analysis to make profit through position trading because you just need to learn the basics of technical analysis.