#TradingTypes101 Types of trading in simple terms ๐ฌ
In trading, just like in martial arts: each style has its own philosophy, technique, and result. Let's get acquainted with the main trading styles and... ๐ I announce the recruitment for the Algorithmic Traders Club! Suitable for both beginners and pros: you will find your style โ we will help you strengthen it with algorithms ๐
1. ๐ Scalping (Scalping)
๐ Essence: trades lasting from a few seconds to a couple of minutes. ๐ Goal: to take micro-profits from each movement. โ๏ธ Character: requires speed of reaction, discipline, and strong nerves.
๐ฅ In the club, you can get an algorithm scalper optimized for quick entries and exits โ it is easily managed right from your phone ๐ค, which is especially important with a high frequency of trades.
2. ๐ Day Trading (Day Trading)
๐ Essence: entering and exiting trades within one day.๐ Goal: to profit from daily fluctuations.โ Tools: technical analysis, charts, news, discipline.
๐ง In the Algorithmic Traders Club, you receive tested settings for specific pairs ๐ โ this reduces the time spent on analysis and helps focus on risk management rather than manual trading.
3. ๐ Swing Trading (Swing Trading)
๐ Essence: holding positions from several days to weeks.๐ Goal: to catch large price waves.๐งโโ๏ธ Skill: patience and understanding of market psychology.
๐ In the club, we adapt algorithms for a specific coin ๐น โ you trade your favorite crypto, and if we don't use it, you test and optimize it yourself ๐งช. The swing approach perfectly complements semi-automated trading.
4. ๐ Position Trading (Position Trading)
๐ Essence: trades for weeks and months. ๐ Goal: to work with trends, not noise. ๐ Approach: fundamental analysis and large timeframes.
๐ฆ The Club uses algorithms inspired by the strategies of market makers and hedge funds ๐ โ they handle long-term trends well, helping to maintain positions with minimal trader involvement.