#TradingTypes101
๐ #TradingTypes101 Which Type of Trader Are You
In the world of trading knowing your style is key to long term success Every trader falls into a specific category based on their goals strategy and time commitment
๐น Scalper โ Fast paced and aggressive scalpers make dozens of trades a day aiming for small profits Think seconds to minutes
๐น Day Trader โ No overnight risk here Day traders open and close all positions within a single trading day
๐น Swing Trader โ Riding trends for days or weeks swing traders capitalize on short to mid term market moves A balance of patience and precision
๐น Position Trader โ The long game player These traders hold assets for months or years focusing on macro trends
Understanding your trading type can help you build the right strategy manage risk better and stay consistent
๐ก Tip Your lifestyle should guide your trading style not the other way around
Which one are you๐
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