#TradingTypes101 #BTC #bitcoin

Hey guys do you know there are three types of trading a person can do according to his portfolio and trading strategy.

1. Intraday trading: For doing intraday trading people should be very experienced and accurate in predicting markets on lower timeframes. And the trade should be cut within some day whether it's in a profit or in a loss.

2. Swing trading: The trade taken for swing is based on a bigger timeframe than intraday. It eventually takes for getting some bigger profits in single trade. It can take time from 3 days to one week.

3. Position trading: The trade which is taken to make profit on capital 2x , 3x or 5x is known as position trading. In position trading people rely on the projects fundamental and it can take 4 weeks to 3 months for giving results.