#TradingTypes101 📈 Quick Guide for Beginners!
🚀Want to start trading? Here’s the basics to get in the game!
👇What is Trading?
Buying and selling assets (crypto, stocks, forex) to profit from price fluctuations. Focus on short timeframes!
Types of Trading
• Day Trading: Buy and sell on the same day.
• Swing Trading: Positions held for days/weeks.
• Scalping: Quick trades (minutes/seconds).
First Steps
1. Study: Learn technical analysis (charts, RSI) and risk management.
2. Broker: Choose a reliable one, like #Binance for crypto.
3. Practice: Use demo accounts before investing.
4. Risk: Never risk more than 1-2% per trade.
Use stop loss!
Quick Tips
✅ Start small and focus on learning.
✅ Avoid emotions: fear and greed get in the way.
✅ Be wary of “easy money.”
⚠️ Caution: Trading is risky. Study and only invest what you can afford to lose!