First thing you should know before start trading is your trading style. Each person has different personality, emotionality and Need.
That’s why we are different in trading style
1) Scalper: Looking to hold positions for few minutes or even seconds.
2) Day Trader Looking to close out all positions by the end of the day
3) Swing Trader: Holding a trade open for between a day and a week
4) Position Trader: A trader who is looking to hold a position for a number of weeks
5) Long Term Trader: Someone who is holding a trade open for months at a time
6) Buy and Hold Trader: A trader who is looking for a return over a number of years