🔍 #TradingTypes101 – What type of trader are you?
In the world of trading, knowing your style is key to success. Here I explain the 4 main types of trading:
📌 Scalping: Quick trades (seconds or minutes). The goal is to profit from micro movements in the market. You need high concentration and fast platforms.
📌 Day Trading: Opening and closing trades on the same day. Night risks are avoided and intraday trends are leveraged. Ideal for those who trade full-time.
📌 Swing Trading: Trades that last from a few days to weeks. The aim is to capture broader market movements. It requires technical analysis and patience.
📌 Position Trading: Long-term investments (months or years). Less stress, more focus on macroeconomic and fundamental trends.
Not all styles work for everyone. Know yourself, choose your type, and adapt your strategy. 💡
Which one fits you best? 💬