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 •  7 years ago 

Luc, thank you so much for all your generous mentorship.
No worries if you dont have time to answer the below,

  1. When you layer/nibble in to your safe zone, do you use any rules of thumbs for how much capital you'll use to layer in at a time?

  2. If you can so easily point out when a chart has broken a base and entered a safe zone, why do you not also pursue short selling then?

thank you!!

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Short selling requires using margin, and that will incure a greater expense and the chance of a forced by back.. Why deal with that when the market has soo much long opportunity.. I have shorted many times in the stock market.. but its not necessary here in crypto, not yet anyway

My size depends on how safe i feel the coin is.. my biggest trades are on ETH..