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Why day trading is better than long-term (Opinion )

forextrader777
Feb 12 2021 at 11:29
133 posts
Day trading is better for traders who look for quick returns. But at the same time, it requires a deep understanding of the market to have consistent profits.
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Chelsea Blacks (blackChelsea)
Feb 16 2021 at 16:17
125 posts
Day trading is always a better option for those who want to earn high profits in very less time, provided you have good knowledge. As per me, this helps me to lock profits in both rising and falling trends.
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ddarko3
Feb 17 2021 at 07:30
70 posts
Very nicely written. I will say that, at the end, you are still getting profits but it depends on how long or short do you want your trading to turn out. For a quicker process, day trading seems like a better option for that
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.