#TradingTypes101 What advice do you have for beginners?
👉 Create a post using #Trading_Types and share your ideas to earn Binance points! (Click the "+" icon on the main page of the app and tap on "Task Center").
Understanding the different types of trading is the first step to building a well-thought-out strategy.
Both spot trading and margin trading, as well as futures contracts, offer unique advantages and risks.
Choosing the right type depends on your goals, experience, and how much risk you're willing to take.
You can include the following in your post:
· What are the main differences between spot trading and margin trading?
· When do you use different types of trading? Which do you use more and why?
Note: Futures contracts are forbidden for us Muslims.
