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Daytrade

Day Trading vs Mid-term investments Day Trading 🌪️📉📈 Day trading involves buying and selling financial assets within the same trading day. Traders constantly monitor the market, aiming to capitalize on short-term price movements. 🕒⏰ 👍 Pros: Potential for quick profits with multiple trades in a single day. High adrenaline rush and excitement from rapid decision-making. 👎 Cons: Requires constant attention, often leading to stress and emotional fatigue. 😓 High risk due to rapid market fluctuations and trading fees. Mid-Long Term Investments 🚀📈📉 Mid-long term investments, on the other hand, involve holding assets for an extended period, ranging from several months to years. Investors focus on the asset's overall growth potential and fundamental value. 📈💹 👍 Pros: Lower stress and emotional strain as you have time to analyze and make informed decisions. 🧘‍♂️📊 Potential for significant returns through long-term market trends. 📈📈 👎 Cons: Limited excitement in comparison to day trading, as it requires patience and discipline. Requires a solid understanding of market fundamentals and long-term trends. Why the Second Option Is Better Emotionally 😌 While day trading can be thrilling, it often comes with high stress and emotional tolls. The constant pressure to make quick decisions and the fear of missing out (FOMO) can lead to impulsive actions and losses. 😫 In contrast, mid-long term investments provide emotional stability. H aving a long-term vision allows you to detach from short-term market fluctuations and focus on the bigger picture. This patience and emotional balance can lead to more thoughtful investment decisions and better overall returns. 😊 Remember, successful investing is not a sprint but a marathon . So, consider the emotional benefits of mid-long term investments, and you'll find yourself on a calmer, more fulfilling financial journey. 🏃‍♂️🚀
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by Yaroslav_Krasko
ES/MES week planAfter ES/MES broke out in June from it's resistance at 4327.50 that area became a high demand target. It rallied up to 4493.50, almost reaching 4500, but not before flushing back down and retesting 4369.50. Creating a new resistance that needed to clear for a move higher. This week I'm looking for similar action to happen, but with FOMC on Wednesday anything is possible. With the break out from 4493.50 we rallied up to 4609.50 were we are now either going to base, or repeat a similar pattern and flush down to 4523.50 and reatest this zone before moving higher. If this level gets taken out then 4493.50 is the line in the sand before we go lower. This was the break out level that started the recent big move up. Majore levels looking for upside are 4580.75, 4594.75, and 4609.50. levels for downside looking at 4560.50, 4551.50 and then 4523.50
CME_MINI:MES1!
by nocturnetrades