#TradingTypes101
Timeframe: Seconds to minutes
Goal: Make many small profits throughout the day
Tools Needed: Fast execution, real-time data, low fees
Best For: Quick decision-makers, fast learners, and those who love action
🟢 Pros: High number of opportunities
🔴 Cons: Mentally draining, high transaction costs
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2. Day Trading
Timeframe: All trades opened and closed within the same day
Goal: Profit from intraday price movements
Tools Needed: Technical analysis, news alerts, solid risk management
Best For: Full-time traders, not ideal with a 9-to-5
🟢 Pros: No overnight risk
🔴 Cons: Requires lots of screen time