#TradingTypes101

If you have $ and you're interested in how to make money by buying and selling things online, welcome to #TradingTypes101! Don't be scared, it's simpler than it seems.

Step 1: Understand the game.

What is trading? It's the act of buying and selling assets (like company stocks, cryptocurrencies like Bitcoin, or currencies like dollars) with the goal of making money from the price difference. If you buy low and sell high, you win!

Step 2: Know the "types" (the routes).

There's not just one way to trade. Here are several "routes":

Day Trading: You operate on the same day, buying and selling quickly for small profits. It's like short races.

Swing Trading: You buy and sell over a few days or weeks, looking for larger price movements. It's like planning a weekend trip.

Long-Term Investment: You buy something and hold it for months or years, hoping its value grows significantly. It's like planning a long journey.

Step 3: Your tools.

You will learn about technical analysis (reading charts) and risk management (how not to lose all your money at once). They are your maps and seatbelt.

Step 4: Practice! Start small, research a lot, and be patient. #TradingTypes101 is your starting point to build a solid foundation in this exciting world. Are you ready to learn?