Valentino
Thu Jul 11 2024
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5 answers
896
Does crypto day trading require trading every day?
Does the practice of crypto day trading necessitate engaging in trades on a daily basis? Is it a strict requirement that traders must actively execute transactions every single day in order to be classified as crypto day traders? Or is it possible to maintain a day trading strategy in the crypto market while only engaging in trades occasionally, depending on market conditions and personal preferences? I'm interested in understanding if the 'day' in 'crypto day trading' refers to a literal calendar day or simply a reference to the short-term trading horizon typically associated with such strategies. Clarifying this distinction could help me develop a more effective trading plan that aligns with my availability and risk tolerance.
