In the market, there are many strategies, each with its own way of thinking. The first thing you need to distinguish between is spot trading and futures trading. Spot contracts mean you buy the asset itself and own it outright, while futures contracts mean you are betting on the price in the future, which means you can profit even if the market goes down, but of course, the risk is higher and there are legal warnings.
If you are talking about trading by holding assets, this is a method that many people like, and they buy stocks or currencies and hold onto them for years. The most important thing is to choose strong projects, be patient, and withstand temporary shocks.
In day trading, you enter and exit on the same day, and this requires nerves of steel and quick decision-making. One of the best strategies here is to follow the real-time trend and capitalize on fast news and strong technical analysis.
In breakout trading, you wait for the price to break resistance or support and confirm the breakout with high trading volume. As for trend trading, this means identifying the larger trend (upward or downward) and riding the wave.
In arbitrage trading, you look for price differences between two platforms, buying from the cheaper one and selling in the more expensive one, which requires real-time monitoring tools and quick execution.
The most important thing I learned is that I used to enter without a stop loss and was greedy in every trade. I learned that discipline and risk management are what differentiate any successful trader from a gambler.
So, which strategy do you prefer?