#MyTradingStyle Here are some examples of TRADING STYLES below, here are the explanations:
¹. Scalping
Position duration: Seconds to minutes.
Objective: 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.
Objective: 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%.