#TradingTypes101 🧠 #TradingTypes101: What Kind of Trader Are You?
Whether you're new to Binance or a seasoned crypto pro, knowing your trading style can help you navigate the markets with confidence.
📊 Here are 4 common trader types:
1️⃣ Scalper – The speedster 🏎️
Fast trades, small profits. Scalpers live on short-term charts (1-5 minutes) and thrive on volatility.
2️⃣ Day Trader – In and out in 24 ⏰
Trades within the day. No overnight risk, high attention to news & trends.
3️⃣ Swing Trader – The patient tactician 🌀
Holds for days or weeks, riding the "swings" of market momentum.
4️⃣ Position Trader – The long-haul believer 🚀
Buys and holds for months. Uses fundamentals, technicals, and strong conviction.
📌 Tip: Understanding your style helps with discipline, risk management, and tool selection (e.g., spot, margin, futures).
👉 So, which one are you?
Join the conversation and start trading smarter with Binance.