In the trading market, is it better to do short-term trading or mid- to long-term trading? Sharing my personal experience on this issue:
1. The advantages of short-term trading are small stop losses, fast profits, and continuous compound interest. However, it requires high mentality and execution ability. The disadvantage is that you need to grasp the accuracy. When the accuracy is low, there will be multiple stop losses in a row. situation, and you need to keep an eye on the market, which is greatly affected by the market.
2. The biggest advantage of medium and long-term trading is that it is relaxed and comfortable, and there is no need to constantly monitor the market. The profit cycle of long-term trading is relatively long, and it takes a long time to take orders, which is a very important test for patience. The long-term accuracy rate is relatively high, and the probability of continuous stop loss occurs. Low. Therefore, short-term and long-term have their own advantages and disadvantages, which vary from person to person. #BTC #crypto2023 #ETH #Binance #Web3
1. The advantages of short-term trading are small stop losses, fast profits, and continuous compound interest. However, it requires high mentality and execution ability. The disadvantage is that you need to grasp the accuracy. When the accuracy is low, there will be multiple stop losses in a row. situation, and you need to keep an eye on the market, which is greatly affected by the market.
2. The biggest advantage of medium and long-term trading is that it is relaxed and comfortable, and there is no need to constantly monitor the market. The profit cycle of long-term trading is relatively long, and it takes a long time to take orders, which is a very important test for patience. The long-term accuracy rate is relatively high, and the probability of continuous stop loss occurs. Low. Therefore, short-term and long-term have their own advantages and disadvantages, which vary from person to person. #BTC #crypto2023 #ETH #Binance #Web3