#TradingTypes101 In trading, there are various types of trades that can be executed depending on the market, assets, and traders strategy.
Some common trades types given :
1 *Market order* Buy or sell a coins at the current market price.
2 *limit order* Buy or sell a coin at specific price
3* Day trade* buy and sell a coin with in a single trading day.
4* Stop Loss* Sell a coin when it falls to a certain price to limit losses.
5* Long term trade* Hold a coin for a extended period, month or years.
6* Swing trade* Hold a coins for a short period, a few days or weeks.
7*Scalping* Make multiple small trades in a short periods 2 to 3 hours and earn a big profit.
8*Margin trade* Borrow money from a broker to buy some coins.
9* Futures trade* Buy or sell coins that obligate the buyer to buy or sell a coin at a specific price on a specific date.
10*Option trade* Buy or sell coins that gives the buyer the right but not the obligation, to buy or sell a coin at specific price on specific date.
These are the just few examples of trade types, each trade have it's own characteristics. Traders often use a combination of these types to achieve their goals.
In which trade do you interested tell me in comment.