🔍 Explore the Main Types of Trading! #TradingTypes101
Getting into crypto? Understanding your trading style is 🔑 to success. Here are the main types of trading explained in a nutshell:
📅 Day Trading:
Buy & sell within the same day. Great for those who love market action and quick decisions. Fast-paced & requires focus!
🔄 Swing Trading:
Hold trades for days or weeks. Ideal for catching medium-term trends without staring at charts all day.
⚡ Scalping:
Make dozens (or hundreds) of small trades per day. Profiting off tiny price moves. High speed, high energy!
📈 Position Trading:
Long-term strategy. Hold positions for months or even years, riding macro trends. Perfect for patient investors.
🤖 Algorithmic Trading:
Automated trades using bots or scripts. Great for tech-savvy traders who love data and precision.
📊 Copy Trading:
Follow and copy expert traders. Ideal for beginners still learning the ropes!
👉 Know your style and trade smarter, not harder.