Alright, so we all know trading is about finding your groove. Some of us love the action on the 5-min chart, while others chill with weekly charts. Let's talk about the longer-term stuff, you know, the slow-burn approach.
Why Go Long-Term?
Less Screen Time: You’re not glued to the charts all day. Check trades after hours, and you’re good.
No Noise, No Drama: Forget the intraday chaos. Bigger timeframes = clearer trends.
Big Moves, Big Wins: Ride those juicy trends for weeks or months.
"Set and Forget" Vibes: Place your trades, then go live your life.
But It’s Not All Sunshine…
Bigger Stop Losses: Adjust your position size, and you’re fine.
Patience Game: Trades take longer to play out. No instant gratification here.
Overnight Risks: Yeah, stuff happens after the market closes. Be ready for it.
For me, it’s about balancing flexibility with opportunities. i am focusing on these strategies on prop trading, and trust me, it’s worth considering if you’re tired of the intraday hustle.
#DayTrading##DayTrader##forextrading##howtomasterforextrading##forextraders# #BuyCrypto##investment#
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