#TradingTypes101
When diving into the world of crypto on platforms like Binance, knowing your trading type is essential. There are four main types of traders: Scalpers, who make quick, small trades throughout the day; Day Traders, who open and close trades within a single day; Swing Traders, who hold positions for days or weeks based on market momentum; and Position Traders, who invest long-term based on fundamentals.
Each style has its own risk level, time commitment, and strategy. Whether you're chasing short-term gains or building for the long haul, understanding your trading type helps you stay disciplined and make smarter decisions.