RE: Daytrading vrs Position Trading, which will make you more money?

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Daytrading vrs Position Trading, which will make you more money?

in trading •  8 years ago  (edited)

Thank you! I want to learn as much as possible and I am very new. I am trying to get my feet wet with some very tiny trades. I like Luc's methods because I am so new they seem very easy. Even though i have yet to master them. Again thanks for the response! Do you have any additional reading you recommend? BTW i have watched all of the videos at least twice!

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I don't think anyone else trades/teaches this method, I only watch and read whatever luc gets out. I think the main idea about this method relies on people panic selling after a drop, people expect the price to bounce as it did last time, the bigger the bounce, the more reliable the return to it. While in traditional supports, I think the repetition of bounce rather than its size plays a larger role.

Thank you for answering basic questions like this for me.. very helpful, thank you :)