#TradingTypes101

There are several types of trading strategies and styles that has different goals and purposes:

1. Spot Trading: This is the most basic form where traders buy or sell cryptocurrencies at current market prices. It involves immediate settlement and ownership transfer of the asset.

2. Margin Trading: Traders borrow funds to trade larger amounts than they own, aiming for higher profits. It comes with high risk due to potential liquidations if the market moves unfavorably.

3. Futures Trading: This involves agreements to buy or sell an asset at a future date for a predetermined price. Traders can go long (buy) or short (sell), often using leverage.

4. Scalping: A short-term trading strategy where traders make multiple small trades throughout the day to profit from minor price fluctuations.

5. Day Trading: Traders open and close positions within a single day, avoiding overnight market risks. It requires strong technical analysis skills.

6. Swing Trading: Traders hold positions for several days or weeks to capitalize on expected upward or downward market shifts.