#TradingTypes101 #TradingTypes101 For cryptocurrency trading, the main types of trading strategies include:
Day Trading: Buying and selling crypto within the same day to profit from intraday price moves, avoiding overnight risk.
Scalping: Making numerous quick trades throughout the day to capture very small profits repeatedly; requires fast decision-making.
Swing Trading: Holding positions for several days to weeks to profit from medium-term price swings, often using technical chart patterns.
Range Trading: Trading within a defined price range by buying near support and selling near resistance, sometimes automated with trading bots.
Position Trading: Long-term holding based on fundamental analysis, with trades lasting weeks to months or more, aiming for larger profits.
Momentum Trading: Riding strong price trends for short- to medium-term gains, reacting quickly to market moves.
Arbitrage Trading: Exploiting price differences of the same crypto asset across different exchanges by buying low on one and selling high on another.
Fundamental Trading: Investing based on the underlying value and news/events affecting a cryptocurrency.
Technical Trading: Using historical price data and chart patterns to guide buy/sell decisions$BTC
