#MyTradingStyle
When entering the world of Contracts for Difference (CFD) trading, a good rule of thumb is to learn about and consider the different trading styles popular among traders, and find the one that best suits your strategy and goals. However, what is a trading style exactly?
A CFD trading style refers to the approach or methodology a CFD trader adopts when engaging with the market. His or her style encapsulates the overall strategy, risk management techniques, timeframes, and market analysis methods employed by the trader.
Each trading style typically reflects the trader's preferences, objectives, and level of risk tolerance. Some traders may favour short-term approaches, while others may opt for longer-term strategies.
Ultimately, the chosen trading style shapes how a trader navigates the dynamic CFD markets. Let’s take a deeper dive into the features of some of the key trading styles you may encounter on your journey