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You requires consider the short-term and long-term and how the two need function with together for the same ultimate goal. For instance, simply by goal is easy to income as quickly as possible you will in all probability try for home-run trades, usually risking too much on each trade. When you may get lucky and will have some short-term success within the long-term great lose all you have with such reckless steps. In other words, this short-term goal is likely at odds with a long-term goal of sustained capital growth into retirement (which is also vague, get specific!).
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Timeframe – How long will you hold your positions for? Particular be 1 day trader thinking too much on trades lasting a few minutes, as well as a swing trader holding trades for several days?
