🚹 đŸ€”Which Trading Strategy Is Easiest for a Beginner ⁉

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Following the trend is probably the easiest trading strategy for a beginner, based on the premise that the trend is your friend. Contrarian investing refers to going against the market herd. You short a stock when the market is rising or buy it when the market is falling. This may be a difficult trading tactic for a beginner. Scalping and trading the news require a presence of mind and rapid decision-making that, again, may pose difficulties for a beginner.

Is Day Trading Good for Beginners ⁉

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Most day traders will end up losing money, at least according to the data.6 But, with experience, your chances of succeeding can grow. Beginning traders should trade accounts with "paper money," or fake trades, before they invest their own capital in order to learn the ropes, test out strategies, and employ the tips above.