Stock market is the only possible authorized way to double your amount of money in few days, or may be more than that. Traders practice three different ways while trading stocks. Traders must educate themselves in trading four different ways so that they can decide upon what to analyze and how to analyze. Different types of trading have different time to be invested in it. Based on duration of holding stocks, trading can be broadly divided into four categories.
(1) Intraday Trading
(2) Short Term Trading
(3) Medium Trading
(4) Long Term Trading
Intraday Trading: Day trading can be explained as the buying and selling of the financial instruments on the very same day before the market close for that day. The traders those trades in intraday trading are called day traders or active traders in technical terms. Nevertheless, it said that this type of trading might harm the beginners. It is not suggested for novice traders.
Short Term Trading: the buying and selling of financial instruments in more than one day and up to few weeks is called short term trading. Some of the common examples of short term trading is short term trading. Traders are free to sell the stocks in more than one day.
Medium Term Trading: the buying and selling of the financial instruments or holding period of the stocks from few weeks to months is called medium term trading. Example is Elliot trading
Long Term Trading: When the stocks are held from months to years, it is called the long term trading. Decision of investment is made on fundamental analysis basis.
Theoretically, it sounds easy but when traders practice, they make blunders. It is always advised to trade under the guidance of mentors. Money Classic Research is one of the best sources for mentors or experts to get accurate advice on various types of trading. In general, advisory firms do not solve the problems of traders after taking money from the investors. However, in Money Classic Research they resolve all the issues of the investors and do not give a chance to traders to question on their services. The team of Technical analysts handles and solves all the complaints from their clients.
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