Post
Topic
Board Trading Discussion
Re: Day trading or Long term
by
Fredomago
on 12/10/2024, 16:25:35 UTC
The longer you've in this market the better understanding you'll take, there are traders who choose to keep their investment and hold it for longer time frame as they already have a good target to sell out, while for those traders who got decent time to play with the market they see opportunities that they might gain something decent.

It's more on how you deal with good knowledge and understanding making sure that you are taking the right path to base your decision making.
yeah, it's all about preferences and how we can really take advantage of the market, if we got the knowledge and the time, maybe day trading is good, with day trading we can profit around 20% or more within just a day, trying to get advantage of the market sudden movement.
while for the long term holders, they will get growth at significantly lower rate, but it's more defined in term of profit taking.

there's reason why market are so active 24/7 with so many big buy or sell orders, it's because some people have found a way to make profit off the market.
and it's sustainable, but not for everyone, long term is suited for even the beginner.

Exactly, the  reason why market is active 24/7 as there are investors and traders who knows how to play with the market, people who makes something that can move the market and it can go wild, those kind of traders are the one that riders are always monitoring, as they knew that with spikes there's a chance that they can make money in a short span of time.

Though not all can deal with that, as there are traders who got excited and instead of making money, they lose decently as wise traders do expect their actions and will not move accordingly, they'll be busted when the target time frame didn't materialize as they need to accept and sell out.