š¢ Lesson 1: Trading Fundamentals (Part 4)
š¹ Trading Styles ā Find What Fits You
Every trader has a different personality and schedule. Thatās why thereās no āone-size-fits-allā strategy. You need to choose a trading style that suits your time, mindset, and goals.
Here are the 4 most common trading styles:
šø 1. Scalping
Very short-term trading (seconds to minutes)
Many small trades per day
Requires full attention and fast decisions
ā ļø High stress, but fast results
šø 2. Day Trading
Open and close trades within the same day
Fewer trades than scalping
Relies heavily on intraday analysis
ā
Good for those with a few hours a day to trade
šø 3. Swing Trading
Hold trades for days or weeks
Based on medium-term trends
Less screen time required
ā
Ideal for part-time traders
šø 4. Position Trading (Long-Term)
Hold positions for weeks, months, or even years
Based on fundamental analysis and macro trends
ā
Lower stress, good for patient traders
š Tip: If you're new, start with swing trading. It offers a good balance between time, learning, and risk.
In Part 5, weāll wrap up this lesson with tips on how to get started, avoid beginner mistakes, and build a simple first trading plan.
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