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RE: Be a long term Investor

in LeoFinance4 years ago

I have been doing a lot of intraday trades nowadays. I have been Learning to apply pivot points, moving averages, macd, RSI, stochastic, Fibonacci retracemwnts, CPR and several other indicators along with patterns. This lockdown gave me a big opportunity to learn the basics of trading.

In my opinion, when we have free time it is always better to go for swing tradings rather than taking positions for long term. However, there are multibaggers which we never know unless we watch market closely for over a long period of time.

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That's absolutely true, if anyone have the time it's always better to learn the basics and apply it on the market. I am talking about people like me who don't have much time to watch the market everyday, for me it's better to study a Share and then just buy it for a ling term perspective.

Always take extra care with the intraday trades. I had a very bad experience with a share like Tesla. It did great later when I was not on them 😄

Trading will always give you bad experience. I can talk about none other than our own 'Hive'. I could have sold it at a higher price!