#MyTradingStyle

: Types of Trading Styles

1. Scalping

Enters and exits trades within minutes.

Relies on small and rapid movements.

Requires high concentration and quick decision-making.

Often uses leverage and indicators like RSI and MACD.

2. Day Trading

Opens and closes trades on the same day.

Does not leave the trade open for another day.

Relies on news and quick technical analysis.

3. Swing Trading

Holds the trade for days or weeks.

Relies on trends and moving averages.

Requires patience and deeper analysis.

4. Position Trading

Holds the currency or stock for months or even years.

Focuses more on fundamental analysis.

Concerned about the project or company behind the financial asset.

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⚠️ Secondly: Components of a Successful Trading Style

1. Market Analysis:

Do you use charts? Indicators? News?

2. Capital Management:

What % of your capital do you enter with?

Do you use stop loss? Or not?

3. Psychological Discipline:

Do you exit quickly when you profit? Or are you afraid and sell at a loss?

Do you follow a plan? Or act randomly?

4. Your Goals for Trading:

Do you want daily income? Or do you want to double your capital in the long term?

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🧠 Example of Style Analysis:

If, for example:

You enter the market after hearing news about a currency,

And buy without a clear plan,

And are afraid and sell as soon as you see a 5% loss,

Then this is an emotional and disorganized style that needs improvement.