To be frank, the only thing I know when it comes to trading is "buy low, sell high". I should really be thankful with this movement control order as it has let me learn a lot of things and one of them is trading.
I google the word "Trading Technique" and there was an enormous result of trading technique such as Swing, Day Trading, Position Trading, Scalping and many more to name.
I tried exploring each of the technique and end up watching manga because it was quite complicated to follow or perhaps it was just me.
Therefore, I don't really know whether it is beneficial to learn the techniques in trading. At least for knowledge, it might be.
I saw my friends learning different types of trading and some proved to be quite true.
But, with this limited amount of knowledge, I think trading is basically making you forecast the future. The more you anticipate the future, the higher chances you make more profit. Of course, the risk is there along with it.
In Malaysia, there are only three exchanges allowed by the government which is Luno, Synergy and Tokenize Malaysia. At the moment, I have only tried Luno and barely made a profit.
At the end of the day, it is about whether you are willing to take the risk to be it calculated or not.
They said fortune favours the bold. Maybe but maybe not.
As for me, I will stick to the conventional method. Less risk (at least for me).
What's your trading technique?
