One Big Trade vs Multiple Trades, Which Is Better?

[Hamza2424]

There are two kinds of traders. Which one would you rather be, and why do you think that style of trading is better than the other?

Person 1: Places only 2 trades per month and risks all of his capital on just 1 or 2 trades because he believes that, by finding the perfect opportunity, he can make the same amount of money that someone else might make by placing multiple trades in a month. He believes it is better to take a big risk only once or twice rather than risk money on multiple trades. He also thinks that people who trade more often are not skilled traders, and are just trying again and again until they hit the jackpot like gamblers.

Person 2: Places multiple trades in a month. He has the same capital as Person 1, but he have more setups. Let's say he places 10 to 25 trades per month. He believes it is better to spread risk across multiple trades rather than risking everything at once. He thinks that if he wins 10 trades out of 20, he could still end up profitable.

Which person would you rather be, and why? Please give your own reasons, not the ones already mentioned above. Share from your personal experience.

[taufik123]

About what type of trading will be used and suitable for me, maybe I will consider the Coins to be traded.
For example, trading with Bitcoin is more of an investment or a mid term or long-term trade because Bitcoin's performance will be better in the long term.
Option 1 is also an option to do Swing trading, enter with one big trade at the right support point and exit at the right price, so that it can make a big profit.

As for altcoins, maybe the second option will be the choice, but I think 10 - 25 transactions per month is still quite few,
the second option should be fast trading by taking advantage of fluctuations and volume of coins to make more profits, scalping precisely continuously to make bigger profits.

To minimize the risk of losses when the market cannot be predicted, all options must have a reserve money allocation to buy back at a low price.

[JeffBrad12]

It truly depends on the outcome if we are talking about trading. You can create few grands from one trade if you execute it properly, but that kind of opportunity is rare or you can be trading daily getting smaller profit but multiple times in a day and still make good enough gain.
What matters is the profit. Do whatever suits you. I personally am never that kind of person who get fixated with one trading style. I adapt with the market.

[GreatArkansas]

(....)
Which person would you rather be, and why? Please give your own reasons, not the ones already mentioned above. Share from your personal experience.

It seems this comparison is not important because both people in the example have pros and cons, and nothing is wrong.
But just to answer you, OP, since you asked for personal experience and your own reasons. I'll go with Person 1, because I am more likely to be Person 1. Since I am a busy person, I also have other sources of income, including my full-time job, trading for me is just an extra source of income, plus when I am trading like person 1, I tend to zoom out my chart and use higher time frames.

[Oshosondy]

There are swing traders that do not use all their money to trade. Some traders will hold some coins while some traders will use few coins to trade.

You are only talking about swing traders versus day traders.

Swing trading is better than day trading. They use lower risks to trade with low leverage, unlike day traders that are always feeling like they have to earn money from day trading daily.

But if you can day trde with patience, it can be good also.