$USDC Trading involves buying and selling financial instruments with the aim of making a profit from price fluctuations. It's a vast field with various approaches, but here's a breakdown of the main types of trading, often distinguished by the timeframe positions are held:
Main Types of Trading by Timeframe:
* Scalping:
* Timeframe: Seconds to minutes.
* Goal: To make numerous small profits from very minor price movements. Scalpers execute a high volume of trades throughout the day.
* Characteristics: Requires extreme focus, quick decision-making, excellent technical analysis skills, and high liquidity in the assets being traded. Transaction costs (commissions) can be a significant factor