#TradingTypes101
📊 #TradingTypes101 | The Basic Trading Types You Should Know
Are you new to the trading world? 🤔 Here’s a simplified look at the 3 most popular trading styles, each with its own strategy and different time frames ⏳👇
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🔹 1. Day Trading
🕐 Duration: Minutes to Hours
💼 Style: Opening and closing trades on the same day
⚡️ Goal: To benefit from quick price movements
📌 Requires: Constant market monitoring – Discipline – Real-time analysis tools
💡 Ideal for: Those with enough time and skill in technical analysis
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🔹 2. Swing Trading
🗓 Duration: Days to Weeks
📈 Style: Holding trades for a short/medium period
🎯 Goal: To ride price waves during moderate volatility periods
📌 Requires: Good understanding of technical analysis + Following news
💡 Ideal for: Those who do not have time for daily monitoring but prefer more activity than long-term investing
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🔹 3. Position Trading
📅 Duration: Months to Years
📊 Style: Investing in long-term market trends
🚀 Goal: To achieve significant profits from large market movements
📌 Requires: Patience, strategic vision, understanding of economic fundamentals
💡 Ideal for: Those who prefer long-term and less stressful investments