Is it better to trade intraday or long-term trend?

They each have their own characteristics.

Intraday trading has a higher frequency, faster accumulation of profits, and stronger flexibility. You can adjust your strategy according to market changes to avoid overnight risks. The trading results can be known quickly, which is very suitable for people who like quick feedback.

However, intraday trading also has many disadvantages, such as the need to watch the market for a long time, which is very energy-consuming. At the same time, frequent trading will increase trading costs and put a lot of pressure on us. We need to have a very strong heart and are easily confused by emotions. If we are not careful, we will easily blow up our positions.

Long-term trend trading is more free, does not require long-term watching, is more suitable for part-time traders, has relatively low trading costs, is not so frequent, and maintains a better mentality. Brother Ming likes this kind of trading, and he feels relaxed and does not have such great pressure.

However, long-term trading is a test of patience. There are fewer opportunities, a long profit cycle, and a low tolerance rate. It requires more patience and concentration. Only by enduring loneliness can we maintain prosperity.

If you prefer fast-paced trading, can withstand greater pressure, and have enough time to watch the market, then do intraday trading. If you are a slow person, very patient, and busy, then it is better for you to do long-term trend trading.