#TradingTypes101

TradingTypes101 is a term used to introduce and explain different trading methods, especially in the context of cryptocurrency trading on platforms like Binance. It's a beginner-friendly way to learn about various trading styles, their advantages, and disadvantages.

Here's a breakdown of the common trading types covered under #TradingTypes101:

Spot Trading:

Buying or selling cryptocurrency at the current market price. This is the most straightforward type, suitable for beginners and long-term holders.

Margin Trading:

Trading with borrowed funds (leverage) to amplify gains and losses. It's a more advanced method with increased risk.

Futures Trading:

Trading contracts based on the future price of an asset, without actually owning it. This allows for both long (buying) and short (selling) positions.

Options Trading:

Buying or selling options contracts, which give the holder the right to buy or sell an underlying asset at a predetermined price.

Scalping:

Making numerous short-term trades to capture small profits