#TradingTypes101
Day Trading: Buying and selling within the same day.
Swing Trading: Holding positions for several days or weeks.
Long-Term Investment: Holding assets for months or years.
Scalping: Making quick trades to capture small price movements. The Trading Blog tradingfunds.com
Essential Trading Terms:
Broker: A platform to execute trades.
Spread: Difference between buying and selling prices.
Leverage: Using borrowed funds to increase the size of the trade.
Stop-Loss/Take-Profit: Orders to automatically close trades at set prices.
Volatility: How much the price of an asset fluctuates.
Bullish/Bearish: Expecting prices to go up/down. Investopedia The Trading Blog
Fundamental Analysis: Evaluating the intrinsic value of an asset.
Start Small:
Use demo accounts to practice and start with small investments to minimize risk.
Continuous Learning:
Stay updated with market news, join trading communities, and keep educating yourself.
Avoid Common Mistakes:
Don’t overtrade, don’t chase losses, and don’t ignore risk management.
Embrace the Journey:
Trading is a skill that improves over time and with practice.
Technical Analysis: Studying price charts and indicators.