Do you want to learn the basics of trading? Let's explore them together.
Types of trading:
Scalping: Quick trades lasting seconds to minutes, targeting small and frequent profits. Suitable if you are in front of the screen all the time and enjoy the challenge.
Day Trading: Opening a trade in the morning and closing it before the end of the day. Heavily relies on technical analysis and keeping up with fast news.
Swing Trading: Holding a trade for days or weeks, taking advantage of price movements between support and resistance levels. Great if you don't want the pressure of staring at the screen every moment.
Position Trading: Holding trades for months or even years, relying on the fundamentals of the project, its team, and innovations. Suitable if you have patience and confidence in the long-term vision of the currency.
✨ My advice: Try the type that fits your time and spirit, and above all, have a clear plan for capital management and avoid excessive risk.