There are quite a few types of traders out there, so this video has one purpose and one purpose only: making it clear that being a good trader is all a matter of figuring out what works best for you.

It doesn’t matter whether you’re a scalper, day trader, swing trader, position trader or anything else, this comparison hopefully managed to explain that you’re bound to find one way or another to leverage your strengths.

Do you want to quickly get in and out of trades? Then perhaps scalping or day trading represent the best choice for you.

Do you prefer holding on to positions for a longer period of time? Then maybe it would be a good idea to try swing trading or position trading on for size.

Whatever your final choice may be, good luck and please don’t forget to always keep the risks associated with trading in mind!

To support the channel, give me a minute (see what I did there?) of your time by visiting OneMinuteEconomics.com and reading my message.

Bitcoin donations can be sent to 1AFYgM8Cmiiu5HjcXaP5aS1fEBJ5n3VDck and PayPal donations to oneminuteeconomics@gmail.com, any and all support is greatly appreciated!

Oh and I’ve also started playing around with Patreon, my link is:

https://www.patreon.com/oneminuteeconomics

Interested in reading a good book?

My first book, Wealth Management 2.0 (through which I do my best to help people manage their wealth properly, whether we’re talking about someone who has a huge amount of money at his disposal or someone who is still living paycheck to paycheck), can be bought using the links below:

Amazon – https://www.amazon.com/Wealth-Management-2-0-Financial-Professionals-ebook/dp/B01I1WA2BK

Barnes & Noble – http://www.barnesandnoble.com/w/wealth-management-20-andrei-polgar/1124435282?ean=2940153328942

iBooks (Apple) – https://itun.es/us/wYSveb.l

Kobo – https://store.kobobooks.com/en-us/ebook/wealth-management-2-0

My second book, the Wall Street Journal and USA Today bestseller The Age of Anomaly (through which I help people prepare for financial calamities and become more financially resilient in general), can be bought using the links below.

Amazon – https://www.amazon.com/Age-Anomaly-Spotting-Financial-Uncertainty-ebook/dp/B078SYL5YS

Barnes & Noble – https://www.barnesandnoble.com/w/the-age-of-anomaly-andrei-polgar/1127084693?ean=2940155383970

iBooks (Apple) – https://itunes.apple.com/us/book/age-anomaly-spotting-financial-storms-in-sea-uncertainty/id1331704265

Kobo – https://www.kobo.com/ww/en/ebook/the-age-of-anomaly-spotting-financial-storms-in-a-sea-of-uncertainty

Last but not least, if you’d like to follow me on social media, use one of the links below:

https://www.facebook.com/oneminuteeconomics

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Intro/Outro Music: https://www.bensound.com/royalty-free-music

There’s no clear line between what counts as trading and what counts as investing, but the two are nonetheless very different practices, and most investors are best served avoiding the former. Why? We answer that question in today’s video.

DISCLAIMER:
This channel is for education purposes only and is not affiliated with any financial institution. Richard Coffin is not registered to provide investment advice and as such does not provide recommendations on The Plain Bagel – those looking for investment advice should seek out a registered professional. Richard is not responsible for investment actions taken by viewers.
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