#TradingTypes101
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💹 #TradingTypes101 – Types of Trading You Must Know!
Every trader has their own style, but get to know the basic types to choose what's best for you:
1️⃣ Scalping:
⏱️ Very fast trading, opening and closing positions within minutes
🔥 Suitable for fast markets, requires high focus and speed
2️⃣ Day Trading:
📆 Opening and closing positions on the same day
💡 Relies on technical analysis and daily news
3️⃣ Swing Trading:
📈 Holding a position from days to weeks
🔍 Requires technical analysis and trend reading
4️⃣ Position Trading:
🗓️ Positions that last from months to years
🔒 Relies more on fundamental and economic analysis
5️⃣ Copy Trading:
🤖 Follow professional traders and automatically copy their trades
👌 Suitable for beginners or those who don’t have time
🎯 Choose the type that suits your time, mindset, and strategy!