#TradingStrategyMistakes
Trading strategies are methods used to decide when to buy or sell assets. They can be based on:
- *Technical analysis*: Using charts and indicators to predict price movements.
- *Fundamental analysis*: Evaluating an asset's value based on underlying factors.
- *Market sentiment*: Considering overall market mood or news.
- *Risk management*: Managing position size, stops, and targets.
Common strategies include:
- *Day trading*: Trading within a day.
- *Swing trading*: Holding positions days to weeks.
- *Trend following*: Trading with the market trend.
- *Range trading*: Buying/selling within a price range.
Strategies suit different traders based on goals, risk tolerance, and experience.