#OrderTypes101
Main Types of Trading..
Day Trading.
Involves opening and closing trades on the same day, requiring close monitoring of asset prices and quick decision-making.
Swing Trading:
Requires holding trades for periods ranging from days to weeks, with less monitoring of open positions.
Long-term Trading...
Focuses on holding trades for long periods, which may last for months or years, with the goal of achieving long-term growth.
Scalping Trading:
Involves opening very short trades, which may last seconds or minutes, and requires quick decision-making and executing multiple trades to achieve small profits.
Trading Strategies:
Speculation:
Characterized by the speed of buying and selling with the aim of achieving short-term profits.
Technical Trading:
Relies on technical analysis to estimate price trends and identify entry and exit points.
Fundamental Trading:
Depends on fundamental analysis of economic indicators and news that affect asset values.$BTC
