#MyTradingStyle 🧐🧐🧐🧐💥

If you are an absolute beginner, let's start from scratch. Trading involves buying and selling financial assets, trying to turn market movements into profits. Some traders make instant decisions, while others take a slow and steady approach.

After more than a decade in the markets, I can assure you of the following: understanding your trading style is not only useful but essential.

The four main types of trading:

✔ Day traders

They buy and sell financial instruments within the same trading day. Their goal is to take advantage of short-term price fluctuations and usually close all positions before the market closes to avoid overnight risks.

✔ Swing traders

Swing traders hold positions for several days or weeks, seeking to take advantage of medium-term price fluctuations. They look to benefit from market fluctuations by identifying upward or downward trends.

✔ Position traders

They hold positions for months or even years, focusing on long-term trends. Their goal is to profit from significant price fluctuations over an extended period.

✔ Scalpers

They execute numerous trades throughout the day, holding their positions for seconds to minutes. Their goal is to obtain small profits from minor price fluctuations, accumulating gains over time.

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