#MyTradingStyle Here are some examples of TRADING STYLES below, along with their explanations:
¹. Scalping
Position duration: Seconds to minutes.
Goal: Take small profits multiple times a day.
Characteristics: Requires high focus and execution speed.
Suitable for: Active traders who can handle stress.
Example strategy: Enter during small breakouts, exit when profit is 0.5%-1%.
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². Day Trading
Position duration: Several minutes to hours, closed on the same day.
Goal: Take advantage of daily volatility.
Characteristics: Does not allow positions to overnight.
Suitable for: Full-time traders.
Example strategy: Buy when there is a bullish MACD signal + increasing volume; TP 3%-5%.
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³. Swing Trading
Position duration: Days to weeks.
Goal: Take profit from short-term trend movements.
Characteristics: No need to monitor the market continuously.
Suitable for: Part-time traders.
Example strategy: Buy at daily support, TP when approaching weekly resistance.
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⁴. Position Trading (Trend Following)
Position duration: Weeks to months (sometimes years).
Goal: Follow major trends and hold positions for a long time.
Characteristics: Rarely transact, more towards long-term fundamental + technical analysis.
Suitable for: Long-term investors.
Example strategy: Buy when a long-term uptrend is confirmed, hold until the trend reverses.
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⁵. News-Based Trading
Position duration: Very flexible (minutes to days).
Goal: Exploit large movements due to news (e.g., FOMC, CPI, crypto project releases).
Characteristics: Focus on economic calendar and major news.
Suitable for: Traders who react quickly and are willing to take risks.
Example strategy: Enter when data releases are worse/better than expected.
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⁶. Copy Trading / Social Trading
Position duration: Automatically follows other traders.
Goal: Profit by following the strategies of professional traders.
Characteristics: Does not create their own strategies.
Suitable for: Beginners or passive traders.
Example: Following top traders on platforms like eToro, BingX, or Zignaly.
What about your trading style? Please write your answer in the comments section.
