Fuglin understands that because spot** provides virtually uninterrupted trading hours 24 hours a day, everyone can determine the appropriate time to open and close positions based on their trading preferences and market trends. According to the actual length of the final position, it can be divided into long-term operation and ** operation. So choose a long-term operation or a ** operation?The next is to share the advantages of making orders in long and short lines, let's take a look.
Short-term trading. When investing in spot trading, you only need to consider the real-time trend and capture short-term fluctuations to meet the profit needs of the day, without worrying about what the market will do tomorrow and how the trend will evolve. Even if an error occurs during the transaction, it can be dealt with in a timely manner without causing significant losses. Due to the high degree of trading flexibility, although the profit obtained from each operation is limited, as long as the operation is done properly, this shortcoming can be compensated by an increase in the number of profits.
Long-term trading. Generally speaking, the longer the time, the higher the probability of unknown events occurring, and the more incorrect the person's prediction. Therefore, long-term trading is a multiple test of an investor's trading ability. Spot long-term trading requires investors to have a stronger theoretical foundation, and to have a higher risk-taking capacity, and to be able to accurately judge the future trend, so as to obtain more profits in the market.
Whether it is a long-term transaction or a first-class transaction, they all have their own unique advantages. Regardless of which trading method is chosen, investors must choose a limit price platform for stop-loss trading. Only by controlling risks can we better seize profit opportunities.