Quote from: boyptc on December 08, 2020, 08:50:37 AM

Quote from: winrate.io on December 07, 2020, 09:56:10 PM

I think your style is very common. I agree that beginner traders should not jump straight into scalping.

My best advice to beginners is to try whatever style they want, even scalping or day trading, if they follow this simple rule very strictly: Only trade with amounts like 10 - 100 USD until you are profitable.

Day trading or scalping is very risky for beginners. I don't advise them to do so.

I know that day trading will make you survive in the long term but it would teach you a lot of lessons first through losing. I'm more into chill trading that I'll buy when the market dips.

Wait for a moment then sell. The very common trading style. No need for much time of looking into the charts.

Cool, chill trading is nice. I did that back in 2017 and 2018, I enjoyed it. Then I got cocky and setup a lot higher goals, therefore I started day trading. Then I lost a lot of money before I finally got profitable.