#TradingTypes101

📈 #TradingTypes101 – Know Your Style Before You Trade! 💹

Before diving into the markets, it's crucial to understand the different types of trading – each suited for different goals, risk levels, and time commitments.

1. Scalping: Super short-term trading, where traders make dozens or hundreds of trades a day to “scalp” small profits. Requires speed and precision.

2. Day Trading: All trades are opened and closed within the same day. It avoids overnight risks but demands constant attention and quick decision-making.

3. Swing Trading: Trades last for days or weeks. It relies on technical analysis to catch short- to medium-term trends. Less intense than day trading.

4. Position Trading: Long-term strategy where traders hold positions for months or even years. It’s more like investing, with a focus on fundamentals.

Choosing the right trading type depends on your time availability, risk tolerance, and market knowledge. Know yourself – and your style – before you trade! 💡

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