Post
Topic
Board Trading Discussion
Re: Does Trade have types?
by
nur rochid
on 13/07/2023, 04:21:39 UTC
Since you have experienced so much losses from your previous trading, based on you didn't create time to study before going into cryptocurrency trading which is not advisable to new traders who want to achieve something great in the future. Day trading is a type of trading that doesn't require long holding before you can supply to the market to make a profits but the profits always come little at the end of the day, but it will be difficult for you to experience losses from day trading. Long term investment is another type of investment that require long holding like 3 or 4 years before you can supply to the market to make a huge amount of income that will change your life but that type of investment required patient through out of holding, which is the best investment many potential traders use to maintain income.
it's normal for a trader to make mistakes, and of course from those mistakes we can learn so we don't make the same mistakes in the future. however, many traders still make the same mistakes even though they already understand the previous mistakes. therefore psychological maturity is needed to develop personal trading qualities, until finally we find a comfortable way of trading. therefore for those who are still learning to trade it would be better to focus on investment, while learning to trade