#TradingTypes101
**#TradingTypes101 on #Binance! 🚀**
Learn about the basic trading types to start your journey with confidence:
1. **Day Trading**
→ Opening and closing trades on the same day.
→ Example: Buying #BTC/USDT at support and selling it at resistance during hours.
2. **Swing Trading**
→ Holding trades for days/weeks to take advantage of medium-term trends.
→ Example: Trading #ETH corrective waves with the RSI indicator.
3. **Position Trading**
→ Long-term investment (months/years) based on fundamental analysis.
→ Example: Holding #BNB due to developments in the BNB Chain network.
4. **Scalping**
→ Quick profits from small movements (seconds/minutes).
→ Example: Trading spreads in liquidity congestion with #SOL.
**Tip 🔑:** Start by testing your strategies on a demo account!
Share your experience with us: Which type do you prefer? 👇
#Currency_Trading #Investment #Crypto
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