#CryptoCharts101 Types of Trading 101: A Beginner's Guide
Types of Trading
- *Day Trading*: Involves buying and selling financial assets within a single day, aiming to profit from short-term price fluctuations.
- *Medium-Term Trading*: Involves holding financial assets for longer than day trading, typically from days to weeks or months.
- *Long-Term Trading*: Involves holding financial assets for a long period, usually from years to decades, with the goal of benefiting from long-term growth.
Trading Strategies
- *Technical Trading*: Relies on the analysis of charts and price patterns to identify trading opportunities.
- *Fundamental Trading*: Relies on analyzing the economic and financial factors of companies and markets to identify trading opportunities.
Tips for Beginners
- *Continuous Learning*: Beginner traders should