Today I read articles by Huangguamao about intraday trading being a scam, by Paul about high-frequency trading, and by Mining Penguin about combining the two strategies. The conclusion is that everyone made money using different trading strategies. To summarize: there is no absolutely foolproof strategy; it depends on who opens a position at the right time and the right price point. For example, weekends have poor liquidity, so it's not suitable for trading—my cousin hasn’t opened a position for two days either. Patience is also a position 🙏🏻👍
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Today I read articles by Huangguamao about intraday trading being a scam, by Paul about high-frequency trading, and by Mining Penguin about combining the two strategies. The conclusion is that everyone made money using different trading strategies. To summarize: there is no absolutely foolproof strategy; it depends on who opens a position at the right time and the right price point. For example, weekends have poor liquidity, so it's not suitable for trading—my cousin hasn’t opened a position for two days either. Patience is also a position 🙏🏻👍