One of the most notable and risky aspects of short term trading
is the almost constant minute by minute chop back and forth in near term prices.
If you are a scalper,otherwise known as a day trader,
looking to get in and out of the market as quickly as possible,
the short term volatility is just what you want.
However getting trapped on the wrong side the market,
happens just as frequently, and even with "stop loss orders in place,
substantial losses can often occur in the blink of an eye.
The whole idea then of trading the market,
getting the next move right, and making money worth the risk taken
is thus a very seductive but "high risk proposition"
and in full disclosure very few succeed.long term in this kind of trading.
The idea of "easy money very quickly" in trading
is often a fantasy delusion for most entering the market for the first time.
Most often just as fast, those traders are out.
Done.
They don't tell you that,... when you get in.
Do they ..?
THE_UNWIND
WOODS OF CONNECTICUT
is the almost constant minute by minute chop back and forth in near term prices.
If you are a scalper,otherwise known as a day trader,
looking to get in and out of the market as quickly as possible,
the short term volatility is just what you want.
However getting trapped on the wrong side the market,
happens just as frequently, and even with "stop loss orders in place,
substantial losses can often occur in the blink of an eye.
The whole idea then of trading the market,
getting the next move right, and making money worth the risk taken
is thus a very seductive but "high risk proposition"
and in full disclosure very few succeed.long term in this kind of trading.
The idea of "easy money very quickly" in trading
is often a fantasy delusion for most entering the market for the first time.
Most often just as fast, those traders are out.
Done.
They don't tell you that,... when you get in.
Do they ..?
THE_UNWIND
WOODS OF CONNECTICUT
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.