Post
Topic
Board Trading Discussion
Re: An advice for newbies and plebs
by
Wind_FURY
on 23/05/2022, 11:32:34 UTC
Simply stop day-trading, or any more active form of trading.

It just depends on the ability of certain traders. If they want to do day-trading then do it, you shouldn't let people like this tell what to do and tell em to avoid certain thing. If you are capable to do day-trading and know the risk of this type of trading, then you should go for it maybe you will earn something from it. I just hate it when people say, please stop doing this and then do this, where they don't even give the correct reason of this.


That's true for some traders, but it's not entirely true for the majority of "traders", especially those "traders" who are merely plebs like us.

In day-trading, changing your bias every minute/hour could cause you mental disorders from the stress if you do it for years. Plus you're only profit is cents per dollar traded. Why would you spend your whole day looking at charts when it's profitable to simply Buy the DIP, and HODL?