#TradingTypes101 Types of Trading (Trading Types)
1. Scalping
⏱️ Duration: A few seconds to minutes.
💡 Objective: Take small profits but very frequently.
📊 Characteristics: Requires high focus and quick execution. Use short-term charts (1–5 minutes).
⚠️ Suitable for: Those who like speed & can monitor the screen continuously.
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2. Day Trading
⏱️ Duration: Buy and sell on the same day (no overnight positions).
💡 Objective: Profit from daily price movements.
📊 Characteristics: Use 15-minute to 1-hour charts. Requires active monitoring.
⚠️ Suitable for: Those who have full-time availability for trading.
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3. Swing Trading
⏱️ Duration: A few days to a few weeks.
💡 Objective: Capture medium-term trend movements.
📊 Characteristics: Relies on technical analysis + trends. 4-hour to daily charts.
⚠️ Suitable for: Those who work but can still check the market daily.
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4. Position Trading
⏱️ Duration: Weeks to months, even years.
💡 Objective: Profit from long-term trends.
📊 Characteristics: Focus on fundamental analysis & major trends.
⚠️ Suitable for: Those who prefer long-term investments.
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5. Copy Trading / Social Trading
🧑💻 How it works: You automatically copy the strategies and positions of professional traders.
📉 Risks still exist, even if you are not trading yourself.
⚠️ Suitable for: Beginners who cannot read charts or analyze on their own.