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Original translation by CryptoLeo ( @LeoAndCrypto ) Live trader Pickle Cat published an article about “high-frequency day trading scams,” which garnered attention and readership over a sluggish weekend. Pickle Cat is currently the top-performing trader on Binance’s live futures trading leaderboard, with total profits and losses exceeding $45 million. His article details why retail investors should not engage in high-frequency day trading when trading cryptocurrency, arguing that retail day trading has too many flaws and shortcomings compared to institutional day trading. In reality, the trading strategies you believe in and execute may not guarantee consistent profits, nor may they be suitable for you. Often, persisting with high-frequency day trading results in losing all your capital; this approach may not be as effective as seizing a large market move. Odaily Planet…# Analysis# crypto# defi# Exchange# Market# TokenPre
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- Original Author: Ben Weiss & Leo Schwartz, Fortune Original Compilation: SpecialistXBT, BlockBeats Editor