#TradingTypes101
๐ #TradingTypes101: Know Your Style! ๐
Thereโs no one-size-fits-all in trading โ understanding the different types can help you find your edge. ๐
1๏ธโฃ Scalping โ Fast-paced! Traders enter and exit within minutes, profiting from small price movements.
2๏ธโฃ Day Trading โ No overnight positions. Traders close all trades before the day ends.
3๏ธโฃ Swing Trading โ Perfect for those who catch trends over days or weeks.
4๏ธโฃ Position Trading โ Long-term strategy based on fundamentals and major trends.
Each type requires different skills, time commitment, and risk management. Choose the one that fits your lifestyle, psychology, and market knowledge. Want consistent profits? Master one style before jumping into another. ๐ก
๐ Whatโs your trading type? Comment below!