#TradingTypes101
🔥 What Type of Trader Are You? 🔥
Every trader has their own trading style, and understanding which type of trading suits you will help improve your performance and manage risks better. Let's take a look at 4 popular trading styles:
1. 🐢 Position Trader – Trading with a long-term trend
• Holding positions from a few weeks to a few years
• Technical + fundamental analysis
• Few trades, requires patience & a macro perspective
2. 🕰 Swing Trader – Riding medium-term waves
• Holding positions for a few days to a few weeks
• Taking advantage of small pullbacks/counter-trends
• Balancing time and profit
3. ⚡️ Day Trader – Making moves within the same day
• Buying and selling within the same day
• Requires discipline, quick reflexes, good risk management
• Suitable for those who can continuously monitor the market
4. 🧠 Scalper – Maximizing short-term profits
• Entering and exiting trades within minutes or seconds
• Large volume, taking small spreads
• Requires extremely high skills + low-fee platforms