"Trading Strategies - Quick Guide"
*Discover your trading style*:
"Position trading" means taking a long-term position to benefit from market trends.
Swing trading means holding positions for days or weeks to profit from short- to medium-term price fluctuations.
*Day trading* means opening and closing a position on the same day to speculate on price fluctuations throughout the day.
Learn the most common trading strategies:
Range Trading: benefiting from price fluctuations between specified support and resistance levels in a sideways market.
Trend Trading: benefiting from the market trend upwards or downwards to gain from continuous price movements.
Reversal Trading: entering trades when there is a likelihood of a trend change, aiming to benefit from market shifts.
Momentum Trading: buying or selling based on the strength of recent price trends, aiming to benefit from ongoing movement.
Breakout Trading: taking positions when the price breaks above resistance or drops below support, seeking to gain from strong moves and increased volatility.
Trading Development:
Start your research on longer time frame charts, then focus on the details.
📝*"Consider the fundamental context*".
The first examination to find trading setups that meet risk and money management criteria.
The second examination to find entry and exit points.
The third examination to monitor trading progress.
#USCryptoWeek #ArbitrageTradingStrategy #ETHBreaks3k #BTCBreaksATH
