#TradingTypes101 Types of Trading 101: Know Your Style
Before diving into the cryptocurrency market, it's important to understand the different types of trading. Here's a quick overview:
🔹 Scalping – Quick trades that last from seconds to minutes. High frequency, small profits.
🔹 Day Trading – Opening and closing positions within one day. Requires time, focus, and a clear strategy.
🔹 Swing Trading – Holding positions for days or weeks. Ideal for capturing medium-term trends.
🔹 Position Trading – Long-term trades. Think in terms of months or even years. Based on fundamental data and macro trends.
Which of these styles suits your lifestyle and mindset?