What is the difference between interday and intraday trading in the cryptocurrency market?

1 answers

• HesstonNov 03, 2023 · 2 years ago
  Interday trading and intraday trading are two distinct trading strategies used in the cryptocurrency market. Interday trading involves holding positions for a longer period, typically days or weeks, to capture larger price movements and trends. Intraday trading, on the other hand, involves opening and closing positions within the same trading day to take advantage of short-term price fluctuations. Interday traders often rely on technical analysis and market trends to make trading decisions, while intraday traders focus on short-term price patterns and market volatility. Both strategies have their own advantages and disadvantages, and traders should choose the one that suits their trading style and goals the best.
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