Trading Techniques:
The "best" trading technique really depends on your goals, risk tolerance, time commitment, and style. But here are some of the most proven techniques:
Trend Following: You buy when the market is trending up and sell when it's trending down. Simple but powerful if you have patience.
Swing Trading: Hold trades for a few days to weeks, trying to catch short- to medium-term moves. Good balance between day trading and long-term investing.
Scalping: Make lots of very quick trades for small profits. High skill and focus needed — not for beginners.
Breakout Trading: Enter when the price breaks above resistance or below support. Needs good risk management to avoid false breakouts.
Mean Reversion: Bet that the price will return to its average after a big move. Works well in non-trending (sideways) markets.
Algorithmic Trading: Using bots or scripts to automate trading based on pre-set rules. Requires programming knowledge.
No matter the technique, key skills are:
Strong risk management (always use a stop-loss)
Emotional control (don’t revenge trade)
A tested strategy with real data (not just theory)
Are you thinking about short-term trading, long-term, or something in between? I can help you narrow it down!