1. Day Trading
ā± Timeframe: Minutes to hours
š” Goal: Profit from short-term price movements within the same day.
š Skills Needed: Technical analysis, discipline, quick decision-making.
š¤ Best For: Active traders who monitor charts closely.
---
2. Swing Trading
ā± Timeframe: Days to weeks
š” Goal: Catch medium-term trends and price "swings."
š Skills Needed: Chart patterns, indicators, market sentiment.
š¤ Best For: Those who want less screen time than day trading but still want regular trades.
---
3. Scalping
ā± Timeframe: Seconds to minutes
š” Goal: Make multiple small profits from tiny price changes.
š Skills Needed: Fast reflexes, high-speed execution, low fees.
š¤ Best For: Pros with experience and access to real-time data/tools.
---
4. Position Trading (Trend Trading)
ā± Timeframe: Weeks to months (or longer)
š” Goal: Ride the trend ā enter early, exit late.
š Skills Needed: Fundamental analysis, macro view.
š¤ Best For: Long-term thinkers and patient investors.
---
5. Investing (HODLing)
ā± Timeframe: Months to years
š” Goal: Buy and hold strong assets, regardless of short-term volatility.
š Skills Needed: Belief in the project, risk tolerance, emotional control.
š¤ Best For: Beginners or those building long-term wealth.
---
6. Copy Trading / Social Trading
ā± Timeframe: Depends on the trader you follow
š” Goal: Mirror the trades of experienced traders.
š Skills Needed: Choosing the right trader to copy.
š¤ Best For: Newbies who want to learn by watching others.
---
š§ Which Style Is Right for You?
Ask yourself:
How much time can you dedicate daily?
Do you enjoy analyzing charts?
Are you risk-tolerant or risk-averse?
Do you prefer slow growth or fast-paced action?
š Start with a demo account or paper trading to test your style before risking real capital. #TradingTypes101 #FTXRefunds #SaylorBTCPurchase $SOL
$