Millions of people worldwide rely on the stock market platform to invest and trade regularly.
You can either buy your preferred stocks and extract profits in the long term, waiting patiently, or walk in as an intraday trader and finish your job within the day.
With the latter being the most preferred one, these two are the commonly practiced strategies of trading in the market.
In this blog post, we will talk about the ups and downs of both and why you should learn forex trading online to become a master at handling both.
You should try day trading if short-term benefits are what you are looking for.
Designed to capture movements of the small market, it involves selling and buying (in a single trading session) various financial instruments such as stocks.
I have got another form of trading for you to explore.
We call it positional trading.
This holds the features that can be placed between long-term investment trading and intraday trading.
It is because positional trading involves holding positions overnight based on the approach of trading, interest time frame, and risk management approach selected.
Positional trades rely on the carrying of positions starting from a few days’ time frame to book profits, moving on to weeks or even months.
Do you want to exit your position? Go ahead.
Do it any time you choose.
Intraday trading can appear to be slightly risky for some traders as these markets tend to be highly volatile.
Therefore, choosing positional trading is a better choice, in that case, because it has a longer time frame in store for you.
Applying for a forex trading programme online can help you gain foundational knowledge of intraday trading and positional trading.
During the course we will help you compare the two of them, allowing you to choose a suitable trading strategy according to your needs.
Still, need a heads up about which one is perfect for you?
Positional trading or intraday trading?
Well, the answer to this underlying question depends on the most important parameters of all, the capital and the risk-bearing capacity!
Day trading is a high-risk venture, but if you can only afford low capital then this is the way to go.
This implies that although positional trading offers you slightly lower risks, it requires higher capital affordability.
Time is the final parameter.
If you want to tread the path of a full-time trader and have the whole day to spend, you should choose day trading.
Otherwise, positional trading is a fairer choice.
Online forex trading courses will provide you with the experience and research needed to trade and invest in the stock markets.
Just close your eyes and hit that apply button to fulfil your dreams!
