Fellow humans,
For those who are interested in becoming self-directed investors or traders, position trading is probably the best choice for 9 out of 10 people. Position trading is a style of trading that can basically be described as the opposite of day trading. It’s a longer-term approach that requires a lot of conviction and patience, but can most certainly bring hefty returns.
You can make a lot of money relatively quickly (compared to waiting a decade), but you don’t need to spend much time executing trades or watching the market. In fact, I can imagine someday becoming such a sophisticated position trader that I buy an asset, subsequently create a limit sell order for much higher than current market value, close my laptop, then return six months later to check on the order, and if it’s executed, then I’ve locked in significant profits.
That’s not a lot of work. However, reaching this point of sophistication takes thousands of hours of research, countless mistakes, tens of thousands of dollars lost in failed trades, and most of all, the passing of time.
Feel free to watch this short video that explains how position trading works.
Until next time,
Salvatore Norge
P.S. — Have you heard about the murders of Iryna Zarutska, Dacara Thompson, and Dr. Julie Gard Schnuelle? If not, then you might be looking in the wrong places for your news, and it might be time to start following more independent journalists, because mainstream media is deliberately misleading us.
“Keep falsehood and lies far from me; give me neither poverty nor riches, but give me only my daily bread. Otherwise, I may have too much and disown you and say, ‘Who is the Lord?’ Or I may become poor and steal, and so dishonor the name of my God.” PROVERBS 30:8-9
I am not very wise. Never financial advice. Do your research!
