#TradingTypes101
Do you want to learn the basics of trading? Let's get to know them together.
Types of trading:
Scalping: Quick trades lasting seconds to minutes, targeting small and frequent profits. Suitable if you are in front of the screen all the time and love challenges.
Day Trading: Opening a trade in the morning and closing it before the end of the day. It relies heavily on technical analysis and following quick news updates.
Swing Trading: Staying in a trade for days or weeks, taking advantage of price movements between support and resistance levels. Excellent if you don't want to be under screen pressure all the time.
Position Trading: Holding trades for months or even years, relying on the fundamentals of the project, its team, and innovations. Suitable if you have patience and confidence in the long-term vision of the currency.
✨ My advice: Try the type that suits your time and spirit, and above all, have a clear plan for capital management and avoid excessive risk.