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The two major approaches to investing are short-term trading and long-term trading. Choosing between them depends on what your investing goals and mind set are.
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Choosing Between Long-term Trading and Short-term Trading The two major approaches to investing are short-term trading and long-term trading. Choosing between them depends on what your investing goals and mind set are. Trade Zero www.tradezero.co +1-954-944-3885 Ocean Place Cable Beach Unit #2 Nassau, Bahamas
The two major approaches to investing are short-term trading and long-term trading. Choosing between them depends on what your investing goals and mindset are. Whatever be your approach, you can benefit from advanced commission free trading. Short-term Trading It’s for those who want to make quick money, in a few days or weeks. Day trading is a really short version of short-term trading. It involves buying a stock at the beginning of a day and then selling it for a profit at the end of the day. All you need to do is study chart patterns and figure out what stock would see its price rise significantly at the end of the day. The same principle follows for investing for a period of a few days or weeks. Quick profit is the goal - something that can make you rich pretty soon. The gains can be astronomical, but the losses could also be monumental. So, you need risk management too. Long-term Trading The long-term investor isn’t after quick gains. Rather, the idea is to build up savings. The investment duration could be as low as 10 years and as high as 50 years or more. How long you invest depends on your age and whether you intend to save for your kids. Long-term investors usually have some investing goals such as retirement, home purchase or their kids’ university education. They aren’t prepared for risk, neither do they look for quick gains. Such investors are particularly attracted by dividend paying stocks. Dividends could give you regular income along with your earnings from work. Thereby, you stand to significantly gain from your investment. With user-friendly online stock trading by advanced broker dealers such as TradeZero.co, you don’t need to worry too much about getting started. www.tradezero.co +1-954-944-3885