๐ #TradingTypes101 โ What Kind of Trader Are You?
Thereโs more than one way to trade crypto. Here are the 4 major trading styles you need to know ๐
1. ๐ง Scalping
Timeframe: Seconds to minutes
Goal: Profit from tiny price moves
Tools: Fast charts, tight stop-losses, low fees
โ High-frequency
โ Emotionally intense, often bots win here
2. ๐ Day Trading
Timeframe: Minutes to hours (within a single day)
Goal: Close all trades before the day ends
Skills: Technical analysis, quick decision-making
โ No overnight risk
โ Requires screen time & discipline
3. โณ Swing Trading
Timeframe: Days to weeks
Goal: Catch short-to-mid-term trends
Approach: Combo of technical + fundamental analysis
โ More flexible
โ Can be caught in sideways markets
4. ๐ช Position Trading / Investing
Timeframe: Months to years
Goal: Long-term wealth building
Mindset: โBuy the dip, HODL the trendโ
โ Less stressful
โ Requires conviction, patience, and strong risk management
๐ง Bonus: Which Type Fits You?
StyleSpeedRiskTime NeededBest ForScalpingVery fastHighAll dayBots/pro tradersDay TradingFastMedium-HighHours/dayActive market playersSwing TradingMediumMediumPart-timeTrend followersInvestingSlowLow-MediumLowLong-term believers
๐งญ Pro Tip: Know your lifestyle, time commitment, and psychology before choosing a style.