Why short-term trading into the US market beats the long-term investing in the year 2023?
As much as the Fed wanted to dial down the interest hike for the rest of the coming meetings, but they have limited control. It all depends on the forthcoming data, especially the CPI and the employment numbers. If these data continue to have a higher number, the Fed may not have a choice, but to resume back to its massive rate hike.
There are 4 types of investor or traders, they are: 1. Long term investor 2. Short term investor 3. Short term trader 4. Intra-day trader
Greater volatility is expected in 2023 and why the 2,3, and 4 may works better in 2023. This is what we will be discussing today:
0.25 point = $1.25 1 point = $5 10 points = $50 100 points = $100
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