TradingTypes101
💹 Trading Type 101: Understanding Crypto Trading Styles
Crypto markets are 24/7, volatile, and full of opportunities. But first, you need to know which trading style fits you best. Let’s break down the key types of trading:
🕒 1️⃣ Day Trading
Definition: Buy and sell crypto within the same day.
Goal: Profit from small price moves throughout the day.
Tools: Charts, technical indicators (RSI, MACD), news updates.
Risk: High (requires quick decisions).
Pro Tip: Set strict stop-loss and take-profit targets.