#TradingTypes101 Here's the **ultimate streamlined guide** to trading types with actionable insights:
### **Trading Types Matrix**
| Category | Fastest 🚀 | Most Profitable 💰 | Easiest 🏆 | Riskiest ☠️ |
|----------------|-----------|--------------------|-----------|------------|
| **Scalping** | Yes | Low (high volume) | No | High |
| **Day Trading**| ✓ | Medium | No | High |
| **Swing** | No | High (if skilled) | Yes | Medium |
| **Position** | No | Highest (long-term)| ✓ | Low |
### **Pro Trader Hacks**
1. **Best for Beginners:**
- Swing trading crypto (use 4H charts + RSI/MACD)
- ETF position trading (SPY, QQQ - set and forget)
2. **Kill Zones:**
- Stocks: First 30 mins & last hour (NYSE)
- Forex: London/NY session overlap (8AM-12PM EST)
3. **Free Tools You Need:**
- TradingView (charting)
- Finviz (stock scanner)
- CoinGecko (crypto trends)
### **One-Line Strategies**
- **Trend Trading:** "The trend is your friend until the bend at the end" → Ride 50EMA
- **Breakouts:** "Buy the first retest after breakout" → Wait for pullback to support
- **Reversals:** "When everyone's greedy, be fearful" → Fade extreme RSI >80/<20
### **Danger Signs**
⚠️ Avoid these until experienced:
- Binary options
- Forex "prop firms" with unrealistic challenges
- Leverage >10x (unless hedging)
### **Quickstart Roadmap**
1. Week 1-2: Paper trade swing setups
2. Month 1: Live trade with 1% risk/trade
3. Month 3: Scale only if win rate >55%
**Which trading type matches your personality?**
- Type A (competitive): Scalping
- Analytical: Algorithmic
- Patient: Position trading
Want the exact indicator settings pros use for each style? Ask for my cheat sheet! 🎯