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The strategy of each trader is one of a kind. A trader trades long term and a trader trades short term. Some make profit and some make loss. This is how trading is conducted. However, I need to keep the loss percentage low and trade in the long term time frame.
That’s just the way trading works. Generally, traders trade short-term and long-term. In short-term trading, traders open and close positions quickly by making quick profits. For example, scalping, a short-term trading strategy where traders close their traders after capturing 5-20 pips.
Long-term traders trade for long, which requires them to be good at fundamental analysis. Long-term trading is also known as postion trading where traders trade from weeks to months.
This is because every trader traders differently. Short-term traders trade for short time frames, so they can make quick profits. The most common in this category are scalpers, who trade from seconds to a few minutes. Traders take low risk in short-term trading and have to take 3-5 trades to make good profits, whereas long-term traders take one long trade to make high profits.