day trading is much more profitable and much more risky.With day trading your psychology becomes a major part of your trading system. Some can handle it. most cant.
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A swing trader has to wait for setups for a long time. A 5 loss streak means they have been losing money for maybe a month or something. It's way harder to deal with that
I agree that the opportunity cost is much higher when swing trading. Taking a major blow in a day than over a month makes you much more vulnerable to rash impulsive decision making. I myself am predominantly a scalper, but romanticising it due to compounding wins is dangerous
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wtf bro u need to be a leverage trader, if you leverage long a 5xbt position using 1 xbt and the price goes up 20% you just made 5x your profit! only a macro god would understand this
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I use 6x leverage when I trade. Why? Because it increases my profits by 500%. Example: If you buy 1 Bitcoin for $10k and sell it at $50k, you make a profit of $40k. However, if you use 6x leverage, your profit increases to $240k. That's the power of leverage!
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"I myself am predominantly a scalper, but romanticising it due to compounding wins is dangerous" wtf bro i dont read books please spell out in simple termz
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Oh i see. I think I missed the context above. Yeah I can agree with that for sure.
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