#TradingTypes101
Do you want to learn the basics of trading? Let's get to know them together.
Types of trading:
Scalping: Quick trades from seconds to minutes, targeting small and frequent profits. Suitable if you are in front of the screen all the time and love challenges.
Day Trading: Opening a trade in the morning and closing it before the end of the day. It relies heavily on technical analysis and keeping up with fast news.
Swing Trading: Staying in the trade for days or weeks, taking advantage of price movements between support and resistance levels. It's excellent if you don't want to be under screen pressure 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 suits your time and spirit, and above all, have a clear plan for capital management and avoid excessive risk.