In order to survive in the long run, you can adhere to these three basic strategies:
- Position trading: it’s a long-term trading approach, shares can be held generally on time frames usually for weeks/months.
-Swing trading: It’s a medium term trading approach, shares can be held generally on time frames usually for 1-4 hour.
-Day trading: Here you can trade your shares on time frames lasting from 5 mins to 15 mins.