Before you buy that next long day trade.
Take a moment to think about "risk and reward".
How high do you see the stock going Today? Soon? as a short term trade?
How early are you getting in?
How much are you willing to lose if you are wrong?
Have to know all this before.
Conversation
What is the difference between a long day trade and a short one?. I figured a day trade is a trade done in the same day
1
Long = buy low sell high profit off price going up. Short = borrow and sell high and buy and return low, profit off price going down
1


