See original
LIVE
Binance Academy
--
What is cryptocurrency short-term trading?
Summary
Short-term trading is a preferred trading method for thrill-seeking traders. Do you find yourself glued to the 1-minute chart? Do you like getting in and out of trades quickly, even faster than an investor can open an earnings report? If so, ultra-short trading may be a strategy worth considering.
Short-term traders aim to profit from small price fluctuations. Their goal is not to make large profits from each trade, but to make small profits over time. If done correctly, they will grow their trading account over time. Ultra-short-term traders typically utilize leverage and tight stops.
Short-term trading is a preferred trading method for thrill-seeking traders. Do you find yourself glued to the 1-minute chart? Do you like getting in and out of trades quickly, even faster than an investor can open an earnings report? If so, ultra-short trading may be a strategy worth considering.
Short-term traders aim to profit from small price fluctuations. Their goal is not to make large profits from each trade, but to make small profits over time. If done correctly, they will grow their trading account over time. Ultra-short-term traders typically utilize leverage and tight stops.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
Replies 0
