TYPES OF TRADING
🔹 1. Day Trading
What it is: Buying and selling assets on the same day.
Objective: Profit from small price fluctuations.
Ideal profile: Those who closely monitor the market and have time to act quickly.
Buying and selling on the same day. Fast, requires total attention and focus on the short term. Ideal for those who enjoy adrenaline. ⚡
📍Use the "Trade" tab > "Advanced" to track the market in real-time.
🔹 2. Swing Trading
What it is: Trades that last days or weeks.
Objective: Take advantage of larger price movements.
Ideal profile: Those who prefer to analyze the market more calmly, using technical analysis.
Ideal for those who use technical analysis and do not want to be glued to the screen all day.
📍You can use the integrated chart analysis on Binance for this.
🔹 3. Scalping
What it is: Multiple quick trades in a few minutes or hours.
Objective: Profit from small margins at high frequency.
Ideal profile: Experienced traders, with total focus and discipline.
Multiple trades in minutes. Seeks small and quick profits. Requires experience and a lot of discipline. ⏱️
📍Use limit orders and keep an eye on the Binance order book.
🔹 4. Position Trading
What it is: Buying and holding assets for weeks, months, or years.
Objective: Profit from large long-term movements.
Ideal profile: Investors with patience and strategic vision.
Buy and hold for months or years. It's for those who think long-term and believe in the asset's growth. 🚀
📍Ideal to use Binance Earn or the spot wallet to keep the assets stored.